Is Ethereum going back to under 200$?

[Greatchu]

Don't be in panics fellas, plus token is the real reason behind the unexpected drops of every coins and tokens in crypto space today, it's not even Coronavirus like many think few days ago, Coronavirus is not even affecting Bitcoin, this plustoken scam project brings the red market back

[Japinat]

Don't be in panics fellas, plus token is the real reason behind the unexpected drops of every coins and tokens in crypto space today, it's not even Coronavirus like many think few days ago, Coronavirus is not even affecting Bitcoin, this plustoken scam project brings the red market back

That's correct, this dump would not last a week IMO because if the dump was really cause by the scammers who dump their scammed bitcoins, then eventually this market will soon recover again. Ethereum already dump below $200, per https://coinmarketcap.com/currencies/ethereum/, the price is less than $200 now, but is that significant enough? we know it will not stay at that price and it seems theirs no panic now as the price is stabilizing.

[vvnbt520]

The unique CPoW model has made BFC rank first in GPU mining since its birth. Correspondingly,ETH mining revenue keeps falling, let alone there are electricity bills.
ETH POS ........

[lienfaye]

Don't be in panics fellas, plus token is the real reason behind the unexpected drops of every coins and tokens in crypto space today, it's not even Coronavirus like many think few days ago, Coronavirus is not even affecting Bitcoin, this plustoken scam project brings the red market back

That's correct, this dump would not last a week IMO because if the dump was really cause by the scammers who dump their scammed bitcoins, then eventually this market will soon recover again. Ethereum already dump below $200, per https://coinmarketcap.com/currencies/ethereum/, the price is less than $200 now, but is that significant enough? we know it will not stay at that price and it seems theirs no panic now as the price is stabilizing.

Its not unusual to see the market bloody and now its because of plus token dumping $13k. The impact in prices of crypto makes the investors wondering whats the real reason. Some says its due to the virus outbreak but whatever it is lets keep in mind that high volatile is the nature of crypto therefore expect the price to fluctuate often. The good thing about this correction is that we have the chance to take advantage the situation by accumulating more. Hence dont take this negatively and dont panic sell because the market will recover for sure.

[kotajikikox]

After a long time, Ethereum price increased well but it seems they failed to keep the high zone for a long time. Today Ethereum price decreased more than 25$ and it continues. Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!

it does actually yesterday and now continues to fall i don't know how low it can be but this is reality and i hate it.

i thought we will be climbing from this and expecting at least 400$ before the Halving brings Bullrun but i am failure.
also i thought this is a correction but it seems to be a different movement,is this some sort of manipulation again?or we are just experiencing fall because of Corona Virus effect?can someone enlighten us all here?

[yohananaomi]

Coronavirus is hitting crypto as well as traditional stocks. Prices will likely continue to decline for a while. Do bear in mind this has nothing to do with the worth of ETH, it's all wider market stuff.

at least we do not underestimate the global influence that has occurred with the corona outbreak, it is certain that even the slightest impact on crypto. although now ethereum is down and has reached under $ 200, but this is still good with earlier this year which is under $ 130. but sure ethereum will be able to bounce back and will move well again.

[BitTraderCute]

i am thinking ethereum price range will around $179,5 to $152,7 .this level was be demand area that able to drive ethereum price run to above $290. when ethereum back to area, it will determine as valid area not. i am sure there are alot of buy order in this area based on previous history. technical and fundamental very support bearish trend so i am waiting eth price hit level.

[Republikcoin.com]

Don't be in panics fellas, plus token is the real reason behind the unexpected drops of every coins and tokens in crypto space today, it's not even Coronavirus like many think few days ago, Coronavirus is not even affecting Bitcoin, this plustoken scam project brings the red market back

That's correct, this dump would not last a week IMO because if the dump was really cause by the scammers who dump their scammed bitcoins, then eventually this market will soon recover again. Ethereum already dump below $200, per https://coinmarketcap.com/currencies/ethereum/, the price is less than $200 now, but is that significant enough? we know it will not stay at that price and it seems theirs no panic now as the price is stabilizing.

I think a lot of people are panicking because of this, so I think a lot of people have sold their ethereum. but if you pay attention, the decline is due to the influence of bitcoin. I honestly wait for ethereum prices to reach 0.02 BTC / ethereum before buying it, but looking at the current situation, it seems that ethereum prices don't drop so much in bitcoin prices. so, I think that when the price of bitcoin rises again, ethereum prices will again be above the price of $ 200. however, halving is very important right now whether it's for bitcoin or ethereum

[Octular]

Does anyone know what is actually driving the price down? Is it the terrible economic situation in general with Covid19 or what is it.
It is obvious that crypto isn't seen as a safe haven when the stock markets are tumbling. I'm being killed on both sides at the moment...

[bakasabo]

Take a look on gold and oil prices in last few days.

Russia and Saudi Arabia is having an oil war current days. They didn't sign oil price agreement that Russia purposed about oil production, and Saudi Arabia dropped the prices slightly. All that caused barrel price to go down from 35$ to 11$. Biggest price drop since 1991. And this all, like a snowball, influenced world economy...

Read it by yourself at https://www.vox.com/2020/3/9/21171406/coronavirus-saudi-arabia-russia-oil-war-explained

So Ethereum under 200$ is like a gift. Grab it while you can. Everything will get normalized, because everyone needs that "oil money".

[Octular]

Well, you need cash in order to buy and I am 100% invested in crypto and in stocks.

[thiscomm]

in my opinion any actual price will not be difficult to achieve by ethereum. I believe in the full development of ethereum, since they were released until they made developments from ethereum classic, it has been shown that this crypto will develop quite quickly. and currently the price of ethereum is at $ 203 if the goal is up to $ 210 it will not be difficult. but seeing the lines that continue to red today I need the help of crypto users to re-use ethereum so that transactions improve.

[Furious 7]

Don't be in panics fellas, plus token is the real reason behind the unexpected drops of every coins and tokens in crypto space today, it's not even Coronavirus like many think few days ago, Coronavirus is not even affecting Bitcoin, this plustoken scam project brings the red market back

That's correct, this dump would not last a week IMO because if the dump was really cause by the scammers who dump their scammed bitcoins, then eventually this market will soon recover again. Ethereum already dump below $200, per https://coinmarketcap.com/currencies/ethereum/, the price is less than $200 now, but is that significant enough? we know it will not stay at that price and it seems theirs no panic now as the price is stabilizing.

I think a lot of people are panicking because of this, so I think a lot of people have sold their ethereum. but if you pay attention, the decline is due to the influence of bitcoin. I honestly wait for ethereum prices to reach 0.02 BTC / ethereum before buying it, but looking at the current situation, it seems that ethereum prices don't drop so much in bitcoin prices. so, I think that when the price of bitcoin rises again, ethereum prices will again be above the price of $ 200. however, halving is very important right now whether it's for bitcoin or ethereum

I think this is due to the effect of the decline in bitcoin so that the price of altcoin is also following it, a lot of the decline has occurred due to some bad news that is happening at the moment but in its conclusion we cannot be certain what causes this to happen even though we will soon be halving of course prices will tend to grow compared to the current one, so Ethereum is likely to be a bitcoin if it experiences good growth, Ethereum will also follow.
All altcoins will be priced on bitcoin.

[Ashong Salonga]

After a long time, Ethereum price increased well but it seems they failed to keep the high zone for a long time. Today Ethereum price decreased more than 25$ and it continues. Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!

We still cannot tell about that but you are right. The current price of Ethereum is just near the $200 price mark in which the current standing of its price as of the moment that I have checked it is at $205.20 and that was already too near at $200. As time passes by it can still drop down because we already know that as of this moment, the prices of all cryptocurrencies in the marker is falling down in which the market is back into its reddish state compared to when the year 2020 have started that the prices are on green mark due to all of a sudden pump on its prices. Let us just see and observe what will happen on the upcoming days if the price of Ethereum will still drop down or will experience even just a little pump to get rid of the danger of price falling down under $200.

[bearexin]

I doubt that ethereum will go down under 200 for a little while longer, there has been some market scare and prices dropped I understand that and ethereum could even go down under 200 a bit before it goes back up but 200 dollar price mark is a good place to buy etheruem and not sell it for all of us and we shouldn't be worried about it.

Right now, it is around 200 dollars (last I checked it was around 204) and that means price could go down just a bit and still be around 200 dollars, but if it even reaches to 180 dollars or so that is not a big deal since ethereum is about to have one of the biggest forks in the entire history of all altcoins. No other coin has ranked as high as ethereum and had such a huge change like proof of work to proof of stake, only other bigger coin is bitcoin and it never had such a huge change.

[Ifepoh19]

Is possible but we can't be so sure because cryptocurrency market is unpredictable. But what am sure of is even if ethereum goes below $200, is for correction and will surely pump back within short period of time.

[safem]

The issue is not all about ethereum alone now in the crypto world. So many altcoins are gradually going down in price as well. However, as far as ethereum is concerned ,it is certain that it will come up even if it has gone down below $200.The start up of ethereum this year is very encouraging which I know it is a clue to the fact that the market outlook will greatly favour ethereum this year.All we need to do is to remain focused and determined to get the best from crypto as we continue in our investment.

[Sendi blackspade team]

I think this is due to the effect of the decline in bitcoin so that the price of altcoin is also following it, a lot of the decline has occurred due to some bad news that is happening at the moment but in its conclusion we cannot be certain what causes this to happen even though we will soon be halving of course prices will tend to grow compared to the current one, so Ethereum is likely to be a bitcoin if it experiences good growth, Ethereum will also follow.
All altcoins will be priced on bitcoin.

everyone hopes better than now. the role of updating several major projects this year will likely be a hope for everyone including halving from bitcoin and renewal from ethereum 2.0. we won't know what's happening, but I'm sure things will get better.

[Valzador]

in my opinion any actual price will not be difficult to achieve by ethereum. I believe in the full development of ethereum, since they were released until they made developments from ethereum classic, it has been shown that this crypto will develop quite quickly. and currently the price of ethereum is at $ 203 if the goal is up to $ 210 it will not be difficult. but seeing the lines that continue to red today I need the help of crypto users to re-use ethereum so that transactions improve.

you're wrong, ethereum is very difficult to experience price increases if bitcoin doesn't rise because demand and ether supply seem to be balanced. Ether prices are very dependent on the price of BTC.

[soramon]

The market is unpreditcable im not sure ETH will go down under 200$. I mean there is always possibility ETH can go to 300$ this month . This topic is hard to answer becuase there is no one can guarantee the price of ETH or any other tokens/coins.