Price might soon get surge because price is undervalued for really long time and panic seems to be getting over from the market.
You only think the current price is cheap because you use the all time high peak of last year as benchmark. It only reached that high because of the hype and speculation, and these factors aren't sustainable, especially with how the hype has faded completely. If we look at the market right now, the demand, progress, the price is exactly where it should be.
In other words, current price not undervalued at all. This ecosystem also proves that it is not ready to stand where it stands right now, because of how incompetent/crippled exchanges are. Before people start to complain about current levels that they are low or boring, keep one thing in mind, be careful with what you guys wish for. I remember how people complained about the same thing when the price was hovering around $14,000. Why doesn't the price go up anymore? Why doesn't the price show any action? And so forth. After that they got their action; $14,000>$12,000>$10,000>$8000>$6000. People should appreciete the current levels instead of complaining. Regardless of how "low" the current prices may seem to people, they can always go lower in the short term.