Is Ethereum going back to under 200$?

[smyslov]

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's prophetic, Ethereum now as I am writing this post is on $191 could even go down because Bitcoin is still falling the buy support cannot sustain it, the dumping is still continuing but I'm still bullish that Ethereum can come back strong after the halving, so just hodl or buy more we have no reason to worry as this is the halving year.

[tvplus006]

Buying now is the right time because it has been under $ 200. Wait for some time to come. I am sure the market will recover and ETH will grow to its original price, but at a time like this maybe we need time and do not panic if prices continue to fall.
We will face halving, of course this will make the price soar again, believe me it will definitely make up for it.

Now we see a General decline in the financial market, which is triggered by the coronavirus in China. Now there is no certainty that the price will not fall further. Therefore, I would prefer to refrain from buying Ethereum now. It is better to wait until the price stabilizes and shows a small increase.

[bearexin]

Well, it is officially under 200 dollars now but it had to go down SO MUCH to go there that I do not believe it will go down too much more.

I mean if it was 205 and then went down I would say there was a chance ethereum would go down even more but we are talking about a huge bitcoin drop in price recently which caused ethereum to drop in dollar price as well even though it was hanging in there in bitcoin prices but couldn't handle bitcoins fall.

It has reached as high as 280 dollars as far as I can see and that means price has already fallen a lot as it is right now, from 280 dollars to 195 dollars which means I am 90% sure that price of ethereum can't go down too much more, 190 dollars should be bottom and it should go higher after that but of course we may never know until it happens.

[Becky666]

Currently, the price of Ethereum has dropped down below what OP speculated, though I never taught OP saw this coming. The downward slow and fast movement of stocks market and oil including the said cryptocurrency which was speculated to be a safe haven has all proof to us that, we have failed somewhere. The reason why Bitcoin and other cryptocurrencies fell was because of you and I who cannot hold their portfolios in time of trials. There has been panic sellers in the stock market and later drifted to Cryptocurrency which landed us with Ethereum being $105 and not even the speculated $200. Possibly its time to accumulate the dip for a better rebound in cryptocurrency prices.

[iv4n]

A lot of people had been saying that we are now facing a bear market because bitcoin's price is now suddenly drops it's price under $8,000, and sad to say ethereum is also drops it's price under $200. But i think it is good for some crypto users because it is an opportunity to them to buy and hodl famous coins like eth and btc.

True that as long as the price remains low it is good for the buyers to accumulate the coins when it is very low or cheap. Users have to pick the correct coins at this time when it is very low I doubt this will remain for some days at least as the crypto price correlated to the S&P 500 to an extent. The markets are down because of the virus

Everyone blames the virus, it's a trend. All over the world markets are down, I wonder for how long this situation will last, some serious shit is happening on the markets and some people are going crazy. I'm sure we all follow the news, one by one countries are closing borders, canceling flights and border patrols. In some moments I wonder is it real or this is just one huge manipulation by powerful people of the world, because all other things are not important now, wars, poverty, global warming, nothing.. it's all on a side, what is important is corona and nothing else. I wonder what is real and what's not in all this mess!

[TrevorS]

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!

Now the whole cryptocurrency market is going through hard times. But this should be temporary, in my opinion.

The cryptocurrency market goes through these times over and over again throughout its existence. By the way, in general, any phenomenon in the world can be called temporary, nothing is permanent.
The crypto market is nothing more than a zone of constant volatility, depending on a huge number of factors.

[casperBGD]

seems that ETH stabilized on these levels, after large breakdown ten days ago, do you expect momentum to change due to BTC halving, which is a positive event, even with corona virus still present, and it will be probably still actual on May, 13

[killerfrost]

seems that ETH stabilized on these levels, after large breakdown ten days ago, do you expect momentum to change due to BTC halving, which is a positive event, even with corona virus still present, and it will be probably still actual on May, 13

Agree with you that the current market is a lot more stable than it was a few days ago, but the previous supports have been broken. So in the future prices may collapse at any time, this is not the right time for us to invest in this market. It is best to hold USDT and keep waiting

[Botnake]

seems that ETH stabilized on these levels, after large breakdown ten days ago, do you expect momentum to change due to BTC halving, which is a positive event, even with corona virus still present, and it will be probably still actual on May, 13

Forget halving for awhile, the biggest challenge now is what we are facing, after this COVID-19 which I hope will gone soon, we can expect that bitcoin will rise. Bitcoin is affected with the economic collapse but it seems showing its toughness, it's recovering well for now, stays at good support, so let's see where it could go from here, by the way, Bitcoin has a pretty solid 24 hours movement.

[OrangeII]

seems that ETH stabilized on these levels, after large breakdown ten days ago, do you expect momentum to change due to BTC halving, which is a positive event, even with corona virus still present, and it will be probably still actual on May, 13

Forget halving for awhile, the biggest challenge now is what we are facing, after this COVID-19 which I hope will gone soon, we can expect that bitcoin will rise. Bitcoin is affected with the economic collapse but it seems showing its toughness, it's recovering well for now, stays at good support, so let's see where it could go from here, by the way, Bitcoin has a pretty solid 24 hours movement.

I also think like that. Even though halving happens, I think it won't have a big effect when no one invests in it. the point is, people will turn to focus on avoiding or healing their coronavirus, and that costs money. Well, at such times, people will not think about investing. it's just that, I feel that the increase can occur, although not so large, it will affect the price of bitcoin and ethereum. it is proven by the current situation, the price of bitcoin rises slowly so does ethereum. it could be that in the near future ethereum reaches $ 200 back.

[mariaana]

seems that ETH stabilized on these levels, after large breakdown ten days ago, do you expect momentum to change due to BTC halving, which is a positive event, even with corona virus still present, and it will be probably still actual on May, 13

Forget halving for awhile, the biggest challenge now is what we are facing, after this COVID-19 which I hope will gone soon, we can expect that bitcoin will rise. Bitcoin is affected with the economic collapse but it seems showing its toughness, it's recovering well for now, stays at good support, so let's see where it could go from here, by the way, Bitcoin has a pretty solid 24 hours movement.

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

[Indymoney]

seems that ETH stabilized on these levels, after large breakdown ten days ago, do you expect momentum to change due to BTC halving, which is a positive event, even with corona virus still present, and it will be probably still actual on May, 13

Forget halving for awhile, the biggest challenge now is what we are facing, after this COVID-19 which I hope will gone soon, we can expect that bitcoin will rise. Bitcoin is affected with the economic collapse but it seems showing its toughness, it's recovering well for now, stays at good support, so let's see where it could go from here, by the way, Bitcoin has a pretty solid 24 hours movement.

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

No we don't need any thread for this as its not going to under 100$ in near future its going to stay here on this price for some time and then we will jump again with very good figure around 225$ to 250$ as its bad time for every one even all solid cryptocurrencies down badly due to Corona factor as things will settle we will again on positive way.

[XCANA]

seems that ETH stabilized on these levels, after large breakdown ten days ago, do you expect momentum to change due to BTC halving, which is a positive event, even with corona virus still present, and it will be probably still actual on May, 13

Forget halving for awhile, the biggest challenge now is what we are facing, after this COVID-19 which I hope will gone soon, we can expect that bitcoin will rise. Bitcoin is affected with the economic collapse but it seems showing its toughness, it's recovering well for now, stays at good support, so let's see where it could go from here, by the way, Bitcoin has a pretty solid 24 hours movement.

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

The update should be as you have already said, the market has been down and the price of cryptocurrency has been very down and ethereum has been lower than what OP said earlier on. Basically, I want to see the price of Ethereum moving upwards like bitcoin. For ethereum to stay as low as 132$ means that it may go down even more further than this. Although, this is the right time to accumulate more coins to one portfolios against the bullish market ahead of us. 

[MUG1WARA]

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

anything can happen and the price is now $ 132 which means it's very close to $ 100. Although bitcoin is now increasing, ethereum is still very difficult to crawl higher

[Indymoney]

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

anything can happen and the price is now $ 132 which means it's very close to $ 100. Although bitcoin is now increasing, ethereum is still very difficult to crawl higher

If Bitcoin is going to increase in next few days then surely we are going to have some bull run in all crypto world as its happen in past many times so I am feeling this could be good for Ethereum as well.

[mrdeposit]

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

anything can happen and the price is now $ 132 which means it's very close to $ 100. Although bitcoin is now increasing, ethereum is still very difficult to crawl higher

There is a big chance for ETH to hit the $150 first and the ladder will lead to touch the $200 later. The correlation between the altcoins and BTC made it hard to predict the next move of the specific altcoin but the technical analysis shows the mentioned price levels for the next bull market season.

[Yamifoud]

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

anything can happen and the price is now $ 132 which means it's very close to $ 100. Although bitcoin is now increasing, ethereum is still very difficult to crawl higher

There is a big chance for ETH to hit the $150 first and the ladder will lead to touch the $200 later. The correlation between the altcoins and BTC made it hard to predict the next move of the specific altcoin but the technical analysis shows the mentioned price levels for the next bull market season.

A few more steps to go...
I am positive how ETH takes it to move and not really affected to the dumps that Bitcoin has. It somewhat to think that Vitalik is now anticipating this drop and even manage not to lose its market position. I believe also that most panic sellers are just holding Bitcoin alone which might be the reason why Bitcoin suffers a huge dump compared to ETH and the other altcoins.

[shinratensei_]

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

anything can happen and the price is now $ 132 which means it's very close to $ 100. Although bitcoin is now increasing, ethereum is still very difficult to crawl higher

If Bitcoin is going to increase in next few days then surely we are going to have some bull run in all crypto world as its happen in past many times so I am feeling this could be good for Ethereum as well.

That can happen as long as bitcoin is still on this positive trend. We will see that as soon as possible what will be happening with bitcoin and i have already analyzed the bitcoin is still having very strong support on 6k level. I just hope we can break 7k resistance and make new support again to the bitcoin.
So many people already migrated to the crypto caused by crypto is even a better place than the traditional stock market.

[Indymoney]

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

anything can happen and the price is now $ 132 which means it's very close to $ 100. Although bitcoin is now increasing, ethereum is still very difficult to crawl higher

If Bitcoin is going to increase in next few days then surely we are going to have some bull run in all crypto world as its happen in past many times so I am feeling this could be good for Ethereum as well.

That can happen as long as bitcoin is still on this positive trend. We will see that as soon as possible what will be happening with bitcoin and i have already analyzed the bitcoin is still having very strong support on 6k level. I just hope we can break 7k resistance and make new support again to the bitcoin.
So many people already migrated to the crypto caused by crypto is even a better place than the traditional stock market.

Crypto is not only better then traditional stock market for many its much better then bitcoin as its price is very high and many cannot afford this so they are looking for better options which are available in crypto like Ethereum Litecoin and many others but here we are only talking about Ethereum which is really good and will go high in near future.

[yohananaomi]

It seems like we need to start new thread with updated question - Is ethereum going back under $100?
And I don't want to be a pessimist, but the next next one should be called "when ethereum will go back under $X?"

anything can happen and the price is now $ 132 which means it's very close to $ 100. Although bitcoin is now increasing, ethereum is still very difficult to crawl higher

Based on my analysis, Ethereum will be difficult to raise prices because people are almost afraid to invest in this coin and the crypto market is now very difficult to predict.

I think it's not just Ethereum, but all the coins in top 100 are strongly influenced by Bitcoin. For now, you need to be more careful when choosing to invest because covid-19 is making the world situation worse and this year is not a good year for you to invest.

a situation that makes things happen, so does the epidemic of corona at least affecting crypto. but by starting to strengthen the bitcoin again no need to worry, we can be sure all will also move up. ethereum I believe will be able to bounce back because this is a very reliable altcoin. need patience and always believe that crypto will recover.