Eth Price faces further decrease

[okala]

on Ethereum, i don't think the coin is coming back anytime soon as it faces further decreases in the price, as at today the price is 187USD, this coin has been struggling to climb up to it's formal state, i still hope the price hits 500USD or more by the end of the year.

It is  a general knowledge that crypto prices are highly volatile and can trade from a cent to 1000 dolllars within the blink of a day but then speculations are always there considering the traders that consider the technical analysis of these projects. Eth has recentyl seen a 2020 ATH of 285 and is currently retracing and stands at 223 dollar. its ethereum 2.0 is yet to be unleashed fully so, i hope for better prices in the near future.

Cryptocurrency market is an exciting market and those that has been patiently following the price actions has really be making money from the market. Ethereum has been declining after making a big gains about two weeks ago and that means we should be hopeful that it will bance off of it psychological support at $200.

[1715037024]

1715037024

[xvids]

I don't think that we really need to panic at all,
ETH is a great crypto and it wouldn't just die like any other crypto,
It would surely go up again we just have to wait patiently after all it is not just the ETH who have suffered a huge price drop,
The market have crash down so almost all of the crypto is affected.

[Lecam]

even though btc is pumping eth is showing all down trend  in the market we should wait and see how eth reacts eth expected price is 1000 dollars in this bull run

Ether is a good coins but price is decreasing maybe this year ether recover slowly we can wait maybe this year ether slowly increase the price but not really high it slowly until the price will recover. So be possible of what we think we all know that ether is the one best coin so we need wait the right time that ether goes up the price again.

[michellee]

It is tough for ethereum at this moment because the price still going down. Now, ethereum has been traded at $220, and we don't know how far ethereum price can stay at that price, or it will go down for more. We can hope that ethereum will be fine and not down deeper, but we still need to be cautious because everything can happen later. This day, ethereum prices can move to a higher price, and we see the green candle show at the market, and maybe tomorrow will be a good time for ethereum to start to rise again.

[julius caesar]

on Ethereum, i don't think the coin is coming back anytime soon as it faces further decreases in the price, as at today the price is 187USD, this coin has been struggling to climb up to it's formal state, i still hope the price hits 500USD or more by the end of the year.

This is gonna be hard for the Ethereum to recover because it dumps a huge amount rather than before. But, one thing is for sure, Ethereum will rise up again since halving is about to happen. It will for surely gonna affect the current price of it when halving take effect. That is the time when the price of it will rise up and recover after the dump.

[yupi84crypto]

In my opinion, the decline in ETH prices that have occurred in recent days is not something to fear. Because after ETH prices have risen
starting from the end of 2019 until around the middle of February. It's only natural that prices are falling now, and I'm optimistic that ETH
prices will soon rise in the near future. Even now ETH has begun to show a very positive performance, by starting crawl up to $ 225. I hope
ETH can go to $ 500 before halving bitcoin occurs.

[hahay]

It is tough for ethereum at this moment because the price still going down. Now, ethereum has been traded at $220, and we don't know how far ethereum price can stay at that price, or it will go down for more. We can hope that ethereum will be fine and not down deeper, but we still need to be cautious because everything can happen later. This day, ethereum prices can move to a higher price, and we see the green candle show at the market, and maybe tomorrow will be a good time for ethereum to start to rise again.

I think as long as bitcoin is able to maintain its lowest price in the current range it is very likely that ethereum prices will also remain in the range of $220, we cannot expect anything bigger now even though the recovery signal is there, because when the pump occurs at least there will be other factors that make the increase is not so significant until the correction occurs again.

[jerrison]

on Ethereum, i don't think the coin is coming back anytime soon as it faces further decreases in the price, as at today the price is 187USD, this coin has been struggling to climb up to it's formal state, i still hope the price hits 500USD or more by the end of the year.

From time to time, the price of tokens inflate and deflate with respect to both demand and supply globally and also the manipulations in pricing amongst the marketers. Ethereum is not left out of this spcae as it happens to be a necessary reosource in the crypto cureency space and more especially those looking to utilise the ethereum blockchain in deploying their own smart contract.

[sana54210]

I think as long as bitcoin is able to maintain its lowest price in the current range it is very likely that ethereum prices will also remain in the range of $220, we cannot expect anything bigger now even though the recovery signal is there, because when the pump occurs at least there will be other factors that make the increase is not so significant until the correction occurs again.

Depending on my research, I can see a another dump approaching. This is my own research so I would not like anyone to follow me. I do agree that the bull runs would arrive anytime soon which would bring the price for bitcoins as well as many other coins like etherum on the all time high peak but before that we might also see those coins reaching the bottom from where they would start growing back.

Eventually, the dip is for us to buy and hold and hence a dip is always been followed by a pump as many people start buying there and it increases the price for those coins. Etherum has showed us a great growth in the past bull runs and these coming bull runs are been predicted to be major them the past ones so we could see a major growth in etherum as well.

[carriebee]

In my opinion, the decline in ETH prices that have occurred in recent days is not something to fear. Because after ETH prices have risen
starting from the end of 2019 until around the middle of February. It's only natural that prices are falling now, and I'm optimistic that ETH
prices will soon rise in the near future. Even now ETH has begun to show a very positive performance, by starting crawl up to $ 225. I hope
ETH can go to $ 500 before halving bitcoin occurs.

We already experience this scenario about Eth price decrease. So many users are still holding this coin until now because their is a tendency price will surge this year. Indeed it shows price improve but a sudden decrease so the movement is unpredictable, but, let's hope for the best in Eth.

[SquallLeonhart]

If you could speculate the graphs for etherum as well as bitcoins than you could find a lot of similarity in between those. Even bitcoins are on a descending graph for now so it is not new to see etherum on the descending graph as well. Most of the times, etherum follows what bitcoins shows them and hence most of the altcoins depends on bitcoins.

Bitcoins would start growing again which would also carry etherum along and that would be the time when we would see etherum crossing $200 and so on. At the end of this year we might see huge price for bitcoins as well as etherum if ever the halving process triggers the bull runs.

[Japinat]

Bitcoins would start growing again which would also carry etherum along and that would be the time when we would see etherum crossing $200 and so on.

ETH already crossed $200, in fact its price now is $234- https://coinmarketcap.com/currencies/ethereum/markets/.
maybe you are expecting a $300 which I think we almost hit that this year already, that's when bitcoin raised to $10400 of course.

At the end of this year we might see huge price for bitcoins as well as etherum if ever the halving process triggers the bull runs.

Halving will happen in the first half of the year, the next 6 months is very crucial, hopefully the post halving result would still be bullish.

[bentalker]

It's roundly $217 today, and I predict it's price will increase up to $400 at mid year.

[Farma]

If you could speculate the graphs for etherum as well as bitcoins than you could find a lot of similarity in between those. Even bitcoins are on a descending graph for now so it is not new to see etherum on the descending graph as well. Most of the times, etherum follows what bitcoins shows them and hence most of the altcoins depends on bitcoins.

Bitcoins would start growing again which would also carry etherum along and that would be the time when we would see etherum crossing $200 and so on. At the end of this year we might see huge price for bitcoins as well as etherum if ever the halving process triggers the bull runs.

this can also be seen in the development of ethereum prices since early 2020. Its development follows the price of bitcoin, even prices in bitcoin also go up. however, I am not very sure that ethereum will continue to decline while the price of bitcoin is rising. I quite believe that when the price of bitcoin goes up, then the price of ethereum is also pushed up.

[michellee]

It is tough for ethereum at this moment because the price still going down. Now, ethereum has been traded at $220, and we don't know how far ethereum price can stay at that price, or it will go down for more. We can hope that ethereum will be fine and not down deeper, but we still need to be cautious because everything can happen later. This day, ethereum prices can move to a higher price, and we see the green candle show at the market, and maybe tomorrow will be a good time for ethereum to start to rise again.

I think as long as bitcoin is able to maintain its lowest price in the current range it is very likely that ethereum prices will also remain in the range of $220, we cannot expect anything bigger now even though the recovery signal is there, because when the pump occurs at least there will be other factors that make the increase is not so significant until the correction occurs again.

But we cannot expect that bitcoin can be able to maintain the lowest price in the current range because we know that the bitcoin price can move to any price. And that will happen too with ethereum price, and we know that the ethereum price just follows where bitcoin price moves. Ethereum will have a chance to increase higher, but we don't know if in the next hour will be decreased or increase. And now, ethereum still to try to maintain the price and will grow back in the future.

[Yaunfitda]

It's roundly $217 today, and I predict it's price will increase up to $400 at mid year.

Where did you see the price going to $217 today? It is still above $230'ish, still very strong price as far as I'm concern. We never thought that it could grow ~$200 but it did it February, meaning altcoin investors are slowly getting in the Ethereum platform again.

So I do not think that it will go below $200, in fact, $500 or above at the end of the year is a conservative estimates for me.

[Danne87]

From time to time, the price of tokens inflate and deflate with respect to both demand and supply globally and also the manipulations in pricing amongst the marketers. Ethereum is not left out of this spcae as it happens to be a necessary reosource in the crypto cureency space and more especially those looking to utilise the ethereum blockchain in deploying their own smart contract.

You definitely missed out on crypto 102 haha. Sure, demand and supply plays the traditional role of economics, but in crypto especially with alts, we have a problem where a few people own the majority of the supply and thus they are able to determine or falsify demand. This could have been the case with ETH during ATH.

Unfortunately, this can be said about BTC. But alts are easier to manipulate

[torrantz]

It's roundly $217 today, and I predict it's price will increase up to $400 at mid year.

As long as ethereum can hodl this rate and the impact that will be made by the next update will give a huge impact on the price. Just believe if bitcoin will make the situation even better than this time, just hope if the impact caused by corona virus can be neutralized to prevent it affects the world economy.

[DU18]

It's roundly $217 today, and I predict it's price will increase up to $400 at mid year.

I also think that in the middle of this year eth prices will reach $300- $350 because halving days and some moments that occur in cryptocurrency this year will have a positive impact on some Cryptocurrency price movements, especially eth, looking at the current eth price charts like there is a price resistance that occurs so that if the resistance can be passed certainly the bull run that we hope will come.

[princehandsome]

currently ETH is in the range of $ 244 and maybe as you said it is not difficult to reach the price of $ 400 in the middle of the year. I predict that this year will be a big surprise for ETH and BTC prices. I can not wait for the surprise.