Difficulty Rising, Price Dropping?
I understand, somewhat, the purpose of difficulty, incentive and the effect it has on a coin. A rising price gives incentive to mine, difficulty subsequently rises. Fine.
Over the past few days the trend has ended in the coin. However the difficulty is still close to hitting the 7's. At this price it should be at least 5. Why is this happening to the coin? It is no longer worth mining unless you are stealing electricity.
Any thoughts from someone more learned than I?