Crypto
Ethereum undervaluation case gains traction as on-chain and technical signals flash bullish
Ethereum has posted stronger returns over the past month than major large-cap digital assets and the broader market, and analyses have emerged in April that its price has entered an undervalued zone. Market watchers are focusing on on-chain metrics and technical signals that suggest further upside. They cite a gap between network usage and price, record daily transactions and new users, and indicators such as the Ethereum Rainbow Chart pointing to undervaluation.
