Prices

Metrics May Point to Ether Being Undervalued

There is a dichotomy between theory and practice of what fundamental demand indicators should be driving the price of ether.

Bitcoin’s six days in the doldrums has weakened the bull case in the short term, leaving a target of $3,700 for a resumed rally.

A long-term price indicator validates a growing consensus among investors that bitcoin is close to bottoming out.

Bitcoin’s struggle to cross a key moving average lined up above $3,600 is a cause of concern for the bulls.

Traders may already be pricing in litecoin’s upcoming block reward halving.

Bitcoin’s overnight pullback from three-week highs hit on Friday doesn’t mean the rally is over.

Bitcoin saw a high-volume bullish move Friday that may have opened the doors for a rally above $3,800.

Bitcoin, which continues to languish near seven-week lows, is being outshone by a surge in litecoin prices.

With bitcoin closing yesterday at the lowest level in 7.5 weeks, the gradual sell-off is showing no signs of abating.

Bitcoin price gains may be capped by a key moving average that has been acting as stiff resistance since mid-January.