Analysts split as Ether's MVRV Z-Score falls to -0.42, above Dec. 2018 low

According to CryptoQuant analyst Joao Wedson, Ether's MVRV Z-Score has dropped to -0.42, a level often linked to capitulation. Ether fell 30% over the past fortnight, hitting $1,825 on Friday before rebounding to $2,100 on Monday, while the worst historical reading was -0.76 in December 2018. Analysts remain divided on near-term downside.