Morgan Stanley's New 'Speculation Indicator' Enables Ethereum (ETH) Price Forecasting

Morgan Stanley (NYSE: MS) has introduced a new indicator that can potentially forecast the price of Ethereum (CRYPTO: ETH) based on speculative activity among traders. What Happened: The PAVA (price-adjusted volume per address) indicator differentiates price movement based on market fundamentals from price movement based on network usage, reported CoinDesk on Tuesday.