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Will ETH’s price crash to $750 Cointelegraph: Ethereum daily active address drops to 4-month lows


Will the ETH price plummet to $750? Ethereum daily active addresses fall to 4-month lows

Ethereum has seen a significant decline in its daily active address count (DAA), over the last four month, raising concerns about further downside for Ether.ETHIn the coming weeks, the price will be )

According to data from Santiment, the number of Ether DAA fell to 152,000 on October 21. This is its lowest level since June. This means that the plunge saw fewer unique Ethereum address interactions with the network.

Daily Ethereum active addresses count in a daily timeframe. Source: Santiment
Capital flowing into and out of crypto funds. Source: CoinShares
Weekly price chart with ascending triangle breakdown. Source: TradingView