Ethereum Price Drops Below $ 550

[sputnik345]

Now is a good time to invest not in altcoins but in bitcoin! Because you need to understand exactly how the coin will survive

[melamiras]

For me it is good news because I am looking for  a good entry point to Ethereum to buy a significant amount before the end of the year rally that I expect to happen.

[DaMut]

For me it is good news because I am looking for  a good entry point to Ethereum to buy a significant amount before the end of the year rally that I expect to happen.

on the other hand for me it was a bad news because i found a lot of problem will happen with them for example with their network and node.
until now we need 1 TB to fully sync it,do you think it will not get any bigger from this point ? also their nodes keep going down.
look at there for example ;
https://twitter.com/moneytrigz/status/1000082602886356992

do your own research and find the fact from Ethereum hater,because most of them will tell you what is going on with it at this moment and its future.

[el kaka22]

The market obviously cannot keep going up and it is normal to have some correction as this is just simply a market like any other market. Ethereum has had a good time going up and it is about time to have some retracement before trying to see if there is any possibility again of going further.

The main reason noobs always panic easily at times like this and start doomsday theory is because they always feel market should always respond upward in the short term and never change trend.

[Jansaa]

Currently, most altcoins and tokens are depreciating due to the falling Bitcoin prices. This is not a good time to buy but I believe Bitcoin prices, altcoin and tokens will increase in the near future!

[Bessta]

Ethereum going this low is fine. It is still a highly respected coin for me. It is just the market is currently playing with us that is why Ethereum and other altcoin continues to drop. If you have extra money, buy Ethereum or other altcoins and hold again.

[TheBiochemist]

Currently, most altcoins and tokens are depreciating due to the falling Bitcoin prices. This is not a good time to buy but I believe Bitcoin prices, altcoin and tokens will increase in the near future!

You think it will go up soon, but you don´t think it is a good time to buy? Damit....

[Xenrise]

I believe that there could be times that it might bounce back now. So all we have to do is to buy a bag of eth and hopefully, we can experience a large pump of this coin. And as far the consensus 2018 is concern, coins that existed a long time ago might go pump.

[cryptowonders@20]

well that is forking truth about your analysis but looking at it, is the right time to buy ether due to drop in price but i m sure the price  will get to it peak values.

[styca]

There is absolutely no reason to panic. Prices go up, and they also go down. The important thing is that the overall trend measured over years is upwards. If you hold good coins now, the chances are very high that in a year's time prices will be higher. We all know that crypto is volatile, which is why short-term rises and falls must be measured against the longer term trend. ETH is a great project, and has an extremely bright future. The journey of crypto into mass-market real-world adoption has barely begun. Smart contracts will become part of everyday life, quite probably with ETH leading the way. Unless you're a day trader, there is no reason to sell.

[herurist]

Ethereum Price Drops Below $ 550

2017 was probably the breakthrough of Bitcoin and simply the year of the cryptocurrencies. Now It seems evident the year 2018 is almost becoming the year of the cryptocurrency “dumpening“. All prices are going lower every day. The past 24 hours have pushed the Ethereum price below $ 550 and the trough is not yet in sight. 

How does it continue? 

For the time being, the cryptocurrency markets do not seem to make much sense. With the Bitcoin price in the dirt, all other cryptocurrencies are bound to follow. While there will be some pump-and-dump attempts of smaller and insignificant currencies, the ethereum price is going straight down. After a very rough week which just ended, the new momentum only seems to be driving down the value down even further.

More specifically, the Ethereum price has dropped below $550. It is the first time in over a week the Ethereum price goes this low. In fact, the value per Ether was just over $720 on May 22nd. A massive price dip has occurred earlier this morning, albeit no one knows for sure what has caused it exactly. Even so, recovering from this massive setback will prove to be very challenging, for rather obvious reasons.
With this latest 8.76% setback in USD value and another 7.86% decline in the ETH/BC ratio, things are not looking all that impressive for the Ethereum price. At this rate, it seems to be a matter of time until the Ethereum price drops below $500, which would spook a lot of holders, for rather obvious reasons. Panic selling has already begun to set in, which will continue to drive the Ethereum price down for the foreseeable future.

The Ethereum trading volume is still holding relatively strong at $2.221bn in the past 24 hours. Unfortunately, most of that trading volume is made up of people looking to dump their Ether holdings at bottom prices. At the same time, there will be some people buying the dip, as this creates an exciting opportunity to stock up on some cheap Ether.
Fiat currency markets are not hard to come by where Ether trading is concerned. Right now, only Bitfinex is in the top six, whereas the rest is made up of BTC and USDT trading pairs. OKEx, Huobi, and Binance are all in the top five as well. With just two exchanges generating over $100m in volume these past 24 hours, things are not necessarily looking all that great. Only time will tell if the Ethereum price can pick up the pace moving forward.

What a bad start to the week! And it looks like there will not be any positive news for the best cryptocurrencies this week. The downtrend continues ... maybe with the exception of the coming weekend. We will see and it remains to be seen what will happen.

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ETHEREUM PRICE DROPS BELOW $550

Drop is good to buy back for recovery asset and get more profit. You only need to find second top bottom because that is sign to start activity again, meaning this is " hope ". For people who doesn't have good money management, this situation can make them lost control and take wrong action. Stay calm and good luck to you.

[IVEXO]

I believe what is vital is take advantage of every dip
Either eth or other altcoins
Whenever there is a dip in token value

All you have to do is take full advantage, and buy more

Then you can get more profits when it eventually dips

[deloreswest]

Maybe this is the right time to  buy more eth.. as it will bounce back soon enough, just like what happened for the last 2 years. Prices go down in may, and goes up so high in the next 2 months.

i do believe ethereum will increasing. Ethereum have a strong community and the best project in blockchain. Blockchain demand and increasing so this condition will favor  ethereum as greatest blockchain project. I believe eth price will go 700 again in several months or maybe next month.

[Jana Wood]

Now the decline in the price of the air is linked to the plum of its reserves of the EOS. But this indicates that soon the price will again climb up and reach the mark of $ 1000. There is no need to doubt the Ethereum, for its growth and further development there are all quite objective grounds.

[mitsarasss]

Perhaps the Etherium will fall even lower, to a mark below $ 400, this is an excellent opportunity to buy the Etherium at such a low price.

[MartiniBlanco]

It was only a dip that was needed to go up again. This is not a market where everyone makes free money. We had a healthy correction and now it is time to bounce again... And no it is not the end of the whole cryptomarket, we are going to start here!

[sunita01]

From the last two months, ethereum is running at $ 550 and it is now expected to grow in the next few months, it will take a long leap.

[Hassan02]

Still not bad if you were back in may to april you will see the price of ETH below $400 for me there is nothing to panic this is part of the market behavior ,wait for the bull run.

[Irkytsk38rus]

I believe that anyway the price will rise and will be as before more than 1000.Just need to be able to wait and not sell

[PavelMed]

I think that we should not succumb to the General panic . If you look at the charts for previous years, you can see that such corrections are normal for the market . In a growing market , millions are earned, and in a falling market, billions are made .