I hope due to hackers attack only it keep reducing, but many supporters of eth are saying that, now it is the right to buy eth for low, definately it will rebounds very soon. Many supporters and community people are keep buying eth, due to because eth has large market.
The Ethereum price has already rebounded. The question is how long will be rebound be and how high it will be.
The price of the Ethereum has dropped about 20% from the recent peak. That is due to the listing of ETC.
The combined price of the ETH and ETC is quite stable. So many people are trading between ETC and ETH.
The ETC price is dropping against the ETH at the moment, in fact for the last few days. Maybe the dump has started.
whales pump etc, dump eth. Or pump eth, dump etc. It is a vice versa relation. Easy to speculate
Maybe the fame is slowly fades away now? Who knows, and maybe also people are deciding to sell their coins now so they can buy again at the cheapest price, maybe thats the basic explanation we can really tell for today since we don't see big changes for the price as of now, maybe the best thing to do is to wait for next month and see what will happen for the price of that coin.