Will Ethereum drop below $240 again do you believe?

[profitgenerator212]

Will Ethereum drop below $240 again do you believe?

The charts doesn't look so in my opinion plus Ethereum has strong announcements coming up in few months time. The long term charts are bullish. It has only stuttered like other top ten altcoins because of the bullish condition of bitcoin.

[Capt00]

Will Ethereum drop below $240 again do you believe?

The charts doesn't look so in my opinion plus Ethereum has strong announcements coming up in few months time. The long term charts are bullish. It has only stuttered like other top ten altcoins because of the bullish condition of bitcoin.

I believe this thing will settle down, what we face to day is just a challenge and it won't last any longer. The bull run isn't yet come into altcoins but we can see few pumps which might be an indication that it will coming back again. Though there is no pronouncement for bull run but we feel it and it coming later this year.

[maxreish]

Nothing is impossible in the fluctuation of price in crypto coins. ETH is not an exception. I have seen this before. Yesterday it hit up $320 and now it dumped down to $280. So, we can further notice if it will continue to dumped, it is possible that it can be down to that price as $240. This is not yet the huge dump so, if that bearish time happens, we can buy more ethereum.

[Getmon]

Will Ethereum drop below $240 again do you believe?

I think it is very possible. $240 is not that far from the price of Ethereum right now. Ethereum is just barely hanging on to $300 as of this posting. If Bitcoin will go on very bullish, there is a probability that the alts, even ETH, will be negatively affected. But there is not need to worry much. It is just a matter of time before the altcoins will also start their own bullish season. And by that time, ETH will be the leading coin. Store as many ETH as possible today.

[Soots]

It's always believable that eth price could fluctuate to that price of $240, and capable to spike more than $300 once incoming demand rises. Before we reach the huge price that ethereum is capable of, sudden price dip will also going to commence temporarily and in the long run surges could erradicate amazingly.

[trimulia]

Will Ethereum drop below $240 again do you believe?

Ethereum price always follow market cap cryptocurrency especially follow bitcoin price, if bitcoin price growing ethereum will follow it. and now I'm sure ethereum will not go to that price

[Coinraptor]

Yes I do believe

believe in what ? this thread created by the OP on may 19, 2019 and if i'am not wrong after this date ethereum price drop below $240
but for now i don't think if ethereum price will drop below that level again my friend

But sorry mate, I can't agree with you. I can't ensure you, but I think Ethereum price under 240 USD is very possible. I did not forget what happened last year. Ethereum price was 1419 USD in January 2018, and it went to 83 USD, So, how can I be sure that Ethereum can't go to 240 USD from 310 USD?

[michellee]

I don't think ethereum will drop below 240$ again instead it will grow steadily until the resolution of scalability issues in the main chain

If that is true, I am sure many people will not let the chance to buy ethereum at a low price because ethereum as one of the potential coin will increase higher. The lower price of ethereum, the more people will buy ethereum so they can wait for a while and then they will sell when the price increase. But that is not easy to see ethereum will drop too far because I think ethereum still strong until now and many support price on each market.

[JeBro]

As it seems to me, so far no signs of that Ethereum can drop to $240 are visible. As the technical analysis shows, Ethereum aimed for $400 and most likely ETH will overcome this mark in the near future.

[Free1bitco.in]

Will Ethereum drop below $240 again do you believe?

Ethereum price always follow market cap cryptocurrency especially follow bitcoin price, if bitcoin price growing ethereum will follow it. and now I'm sure ethereum will not go to that price

now the price of ETH is close to the price of $ 240, so I think the price of ETH can reach that price. however, currently the development of ETH prices is not as good as in 2017. But, I think the adjustment of ETH prices with bitcoin will occur. I believe that this July is the time for the altcoin pump.

[Questat]

As it seems to me, so far no signs of that Ethereum can drop to $240 are visible. As the technical analysis shows, Ethereum aimed for $400 and most likely ETH will overcome this mark in the near future.

Currently traded at 280 usd, and it could drop again below $240 if bitcoin will not hold the $10,000 range.
I don't really care so much if the price will drop as ETH has no rise based on its independent action, it only reached $300 because BTC was mooning that time.

[timmmers]

Everything is possible, we have to watch what Bitcoin  does in the coming days, critical line is around 8-9000USD, this line shouldn´t be broken or Bitcoin came back to deep bear market. 

[omonuyak]

Will Ethereum drop below $240 again do you believe?

Ethereum is better now than the time you open this thread and that means it has remained above $240 that you were asking. Ethereum has performed very well this days than the experience we have ending of last year and early this year. For those that did not hold any unit of ethereum I still believe that you can buy now before the next mooning.

[peter0425]

We can't really tell, I mean no one expected the price to plummet at $80.00 so everything is possible. However, it has broken an important mental barrier that is $300 so for me this is very important accomplished already. It means that investors are into ETH again, but just prepare for every scenario so that you won't be disappointment at the end.

[AjithBtc]

As it seems to me, so far no signs of that Ethereum can drop to $240 are visible. As the technical analysis shows, Ethereum aimed for $400 and most likely ETH will overcome this mark in the near future.

Currently traded at 280 usd, and it could drop again below $240 if bitcoin will not hold the $10,000 range.
I don't really care so much if the price will drop as ETH has no rise based on its independent action, it only reached $300 because BTC was mooning that time.

Agreed when bitcoin was mooning it went to the highest of the year reaching $352, and the same didn't sustain for a longer time period. Even now I don't find any form of individual growth as the market of ethereum fell along with the value of bitcoin. This time the bitcoin has fallen in higher percentage, further when bitcoin begin to move forward can expect ethereum to grow high with it.

[umbara ardian]

Everything is possible, we have to watch what Bitcoin  does in the coming days, critical line is around 8-9000USD, this line shouldn´t be broken or Bitcoin came back to deep bear market. 

This year are different thing than 2018, I was look at price market moving like 2017, when bitcoin have support line is not under $10k. just wait ethereum wouldn'r following bitcoin are strange.

[coingrowth]

Will Ethereum drop below $240 again do you believe?

The charts doesn't look so in my opinion plus Ethereum has strong announcements coming up in few months time. The long term charts are bullish. It has only stuttered like other top ten altcoins because of the bullish condition of bitcoin.

 

Of course, the chart seems to be in upwards trend but many people are predicting once the price of Bitcoin drops and it will automatically affect the price of ETH. Positive news will always help the coin to increase their prices easily, in the coming days we might how bullish the price of ETH is going to be.

[Kocret02]

the current increase and decrease in coin prices can occur at any time. but I hope that if ethereum can now increase and to fall below $ 240, hopefully it won't happen, because the upward trend in bitcoin has occurred and now the ethereum turn is increasing.

[samcrypto]

Everything is possible, we have to watch what Bitcoin  does in the coming days, critical line is around 8-9000USD, this line shouldn´t be broken or Bitcoin came back to deep bear market. 

We really need to have a strong support level, we can’t afford to lose another uptrend. ETH goes below $240 again after the time of posting this thread but in the recent peak of $340, i hope that ETH will not go below on the level of $280. I don’t want to be broke again since i hold good amount of ETH and I will support this coin, new peak is still possible.

[SixFigures]

Even though it went down now a little bit together with Bitcoin, I still think it is looking strong and won't go very low from here.

As the market progresses these past days,all the cryptocurrency community rejoices and silently prayed for a continuous growth rather than fall.However, the drop in ethereum or any altcoin and even bitcoin is not inevitable. The trend may go up and down but we always look forward of a greener one in the coming days.

The drop is not inevitable? Are you saying that it is possible it only goes up? Doesn't make any sense to me and I am sure that we will see drops from time to time.