ETH: Deep crash before going to the moon?

[Helena Ruben]

Will the Ethereum, the crypto that held second largest cryptocutrrency place, survive this week mayhem?
Is it a deep crash before it goes up?

ETH/USD is down 0.55 percent on day at $173.77 and is down about 18 percent for the week already.
The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices.

Are we going down to double digits?

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[phoinex]

Are you sure that this, there are some new things like keeping the ETH 2.0 Blockchain Is this not strong enough to raise the current price? I become something that cannot be done with this situation.

[hulla]

Will the Ethereum, the crypto that held second largest cryptocutrrency place, survive this week mayhem?
Is it a deep crash before it goes up?

ETH/USD is down 0.55 percent on day at $173.77 and is down about 18 percent for the week already.
The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices.

Are we going down to double digits?

Firstly, I want you to know that Ethereum is not the only which faced the bearish market you're talking and to answer your question there is possibility for Ethereum to going to double digits but the coin and others crypto currency which still have the right utility will go to the moon next year but this year is the year of investment not profit.

[krisnajsadrak]

Will the Ethereum, the crypto that held second largest cryptocutrrency place, survive this week mayhem?
Is it a deep crash before it goes up?

ETH/USD is down 0.55 percent on day at $173.77 and is down about 18 percent for the week already.
The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices.

Are we going down to double digits?

this is crypto, everything is possible in crypto world,,
marketcap down hard today,, and maybe can be down more,,
but, i think the price of eth will not touch the double digits value my friend,

[Cryptomilz]

Just like every other coin out there in the market, no one knows for a certainty how low it go before mooning again. This is why you need to be careful with your buys and if you're looking at buying the dip, you need to stagger your buys and not going all in.

[Semaj123]

It's difficult to answer that question because no one knows what exactly does this crash end. It still depends on Bitcoin because whatever happens to this coin could somehow also happen to Eth. Everyone is definitely been worried about the situation right now but what can do is to hodl which it would probably help it to decrease its value.

[batang_bitcoin]

Well, ETH isn't the exempted with this crash. Look at the market on how many of them are dipping right now. Just to say, prepare yourself if ever ETH will crash down to two digits.

And if that happens, then you'll see that its going to be the time to start buying more ETH on your portfolio. I'm an ETH holder and I believe that its PoS change will make it skyrocket. Such news like that definitely is big for the coin itself.

[labilaab]

I believe it will still crashed up to $110 I think.The coinmarketcap now touching the lowest it has this year compared last year made the investors more worried and starting to withdraw and so the price is at stake also.But I believe also that there's still many crypto believers and holders that made the price hold.Only time can tell.

[Vit83]

ETH most use case is ICO's, now ICO activity almost stopped and only new ICO can move eth price now, not updates. Who needs eth without new icos?

[batang_bitcoin]

Well, ETH isn't the exempted with this crash. Look at the market on how many of them are dipping right now. Just to say, prepare yourself if ever ETH will crash down to two digits.

And if that happens, then you'll see that its going to be the time to start buying more ETH on your portfolio. I'm an ETH holder and I believe that its PoS change will make it skyrocket. Such news like that definitely is big for the coin itself.

still there are hopes about bullrun
guys. everything finished.
market down.
bitcoin will be 1000 and etherum will be 50 dollar. end of the year.

Everything's finished? what are you saying?

You say that there are hopes for the bull run and you are countering those words coming from you. Bitcoin will be $1,000 and ethereum to $50? then so be it. Everything is possible to happen currently in the market but don't just look with those negative possibilities.

[Oleg88]

Just like every other coin out there in the market, no one knows for a certainty how low it go before mooning again. This is why you need to be careful with your buys and if you're looking at buying the dip, you need to stagger your buys and not going all in.

I think that the price of a reversal for ETH will be 150 dollars. and for Bitcoin 5000. Perhaps those who manipulate the market will still make a small drawdown before the start of growth

[Sifon]

Just like most other coins in the space, expect further crashes in the price of ETH to the $120+ region, after from it might just moon hard to the $800. Fingers crossed. Some major news will hit ETH and cause it to moon, an example is the PoS.

[Cheesus]

Will the Ethereum, the crypto that held second largest cryptocutrrency place, survive this week mayhem?
Is it a deep crash before it goes up?

ETH/USD is down 0.55 percent on day at $173.77 and is down about 18 percent for the week already.
The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices.

Are we going down to double digits?

With the current market ETH will probably go down double digits in December. I did not expect it to happen because I am holding 60% of my assets as ETH. If it comes down to double digits then I am totally fail this year

[kolonel_x]

there is no bad news in the crypto world but the decline continues, is this price manipulation to make holders panic or indeed prices will return to the previous year, we can only hope there will be hope to go up early in the year

[Dpat]

There is over speculation of any crypto may hamper your crypto portfolio. So, do not speculate more as you are going to talk about ETH. Because this coin is originally in very use and the real work is done on it's blockchain. The tokens are created in this blockchain. So, due to the market condition all the coins are dropping so does the ETH also. But Ethereum is the largest useable coin after Bitcoin so invest in this coin in every decline.

[arpon11]

Ethereum maybe heading towards double digit and is not good for cryptocurrencies.  I read an article that said ethereum is heading toward were started from.  The over all general conditions of the cryptocurrencies market is not favourable and I think we should expect any meaningful bullish trend from next year.  The ways the whole thing is going is actually discouraging but that is how it was in 3 years back.  

ETH most use case is ICO's, now ICO activity almost stopped and only new ICO can move eth price now, not updates. Who needs eth without new icos?

I believe that people stop investing in icos because of the scam activities going on and once there is security people will start investing again.  Ethereum is going to improve in price somedays to come.

I believe it will still crashed up to $110 I think.The coinmarketcap now touching the lowest it has this year compared last year made the investors more worried and starting to withdraw and so the price is at stake also.But I believe also that there's still many crypto believers and holders that made the price hold.Only time can tell.

Investors are really discouraged and many are dumping out of depression and frustration.  If we can be a bit patience? things are going to change in future.

[NPG331525]

I don't think so, too far if eth goes down to 2 digits. however, a lot of speculation arises, but that is not necessarily the truth. maybe that was just the effect of the bitcoin downturn and it made almost all of the altcoins go down. eth is still used by many people and the eth holder community is still large.

[SvonioneFromMangoCoinz]

Will the Ethereum, the crypto that held second largest cryptocutrrency place, survive this week mayhem?
Is it a deep crash before it goes up?

ETH/USD is down 0.55 percent on day at $173.77 and is down about 18 percent for the week already.
The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices.

Are we going down to double digits?

I think that is easy to happen. ETH goes down another $ 22 more. Now its price is $ 155 and it can go down even deeper. In 2 months, its price has gone from $ 450 down to $ 155. So it's down to $ 100 that is possible in the next month.

[Golftech]

I don't think so, too far if eth goes down to 2 digits. however, a lot of speculation arises, but that is not necessarily the truth. maybe that was just the effect of the bitcoin downturn and it made almost all of the altcoins go down. eth is still used by many people and the eth holder community is still large.

The only thing that we can do right now is to wait and see if what will happen after this week, the downtrend still continue and not only ETH but almost all of those coins around the market are also suffering, bitcoin while still in its bloody trend are really affecting the value of each existing coins, when BTC start to showed green light, alts will follow especially ETH which most of the time came close to BTC movements..

[bkbirge]

The assumption that ETH will moon again is wishful thinking. I'm not saying it won't, just that having a strategy that assumes it will in any particular time frame is foolish.