Morgan Stanley’s New PAVA Indicator Divides ETH Users Into ‘Believers’ and ‘Speculators’

Morgan Stanley’s New PAVA Indicator Divides ETH Users Into ‘Believers’ and ‘Speculators’

The indicator, calculated by dividing the cryptocurrency price in U.S. dollars by the ratio of the blockchain transaction volume to active wallet addresses (90-day average), will allow investors to estimate ether price trends, particularly when undergoing extreme market lows.

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