Tutorial: The prediction of Ethereum Price based on DataLight Usage Index
Usage Index is currently repeating what was before – at the beginning of January 2016 to June 2017, to be precise. This metric indicates a strong correlation with the Ethereum price. Usage Index is now going through the same stages, which allows the prediction of Ethereum’s cost for the nearest future.
Usage Index by DataLight is calculated as Active addresses multiplied by Transactions count.
Try it yourself in DataLight Lab