ETH might go down below 80$

[BuNga_cute]

Current market conditions are still very fragile, a few days ago ETH had dropped to the price of $ 112. Then rise again to the price of $ 130,
now ETH prices dropped again to $ 126. This is a sign that ETH is trying to get up and will head for the price of $ 200 if it manages to break
the resistance price.However, if it fails, it can go to the support price at $ 100. In my prediction ETH will not drop below the price of $ 80.
Because according to my analysis ETH will be able to penetrate the price of $ 200 in the near future.

[jahepahit]

This is what is called trade. sometimes price is expensive and sometimes price is low, we just wait until things have really recovered. but if you doubt the current price, for fear that these two coins will not increase in price, please sell before it's too late.

[cutesgirl]

Ethereum always depend their self on bitcoin and never going on without check bitcoin on the top price, I think will make many altcoin down if always depend their price with bitcoin, how ever when bitcoin down lower price they will allow down but why not joining what happen with USDT where many problem in the world they can strong.

[rodskee]

The recent collapse of ETH and BTC have destroyed the entire crypto market also it is important to keep in mind that ethereum is clearly showing signs of downfall so guys there are possibilities of ETH as it might go till $80 as the market is in deep struggle guys happy days will be back again and wait for your day.

Even when Bitcoin falls to 3000$ value Ethereum did not go down below 100$ so ho come that we will expecting that below 80$? No i think this is exaggeration and only bring FUD for ethereum supporters.
But actually given that you are right and ETH go fall 70$ level?then i can buy as much as many?now i am holding few eth but when this happens i can buy at least another 50-100 ethreum from my quarterly bonus?just let this happen mate since market is really showing bad shape this month.

The last time that eth go down in the $80 level was in Dec 2018 disregarding 2017 and the previous years of course. I don't think this time, they will hit that level again. But who knows, right? In that case, that will be a great opportunity to buy as the possibility of increasing its value is very high. As crypto adoption grows, and so is the demand and its value.

yeah But in January that same year ETH recorded the highest Value ethereum ever had and that is $`1,500 level so your right who knows.
But looking for the Halving this year?and the possible release of Ethereum 2.0?many expectation can be possible.
though this Corona Virus infection is really killing the market,not only crypto but also the whole economic situation of the whole world.

[Sanitough]

This is what is called trade. sometimes price is expensive and sometimes price is low, we just wait until things have really recovered.

No, this is more like price volatility, it so happen that altcoins are very volatile, more volatile than bitcoin.
ETH back up to over $100 now, in fact already trading at $120 since it has bounce back following the bitcoin recovery.

but if you doubt the current price, for fear that these two coins will not increase in price, please sell before it's too late.

In crypto, TIMING IS EVERYTHING, if you can do that properly, you'll never complain in any situation as you always see an opportunity.

[OrangeII]

Now the price of ETH is $130, well, even if it falls to $100, I am sure that the support level will not let ETH fall further in price, but so far ETH has not even fallen to $100.

if the price of bitcoin is still above $ 6000, and the price of ethereum is stable in its bitcoin form, it looks like the price of ethereum will not drop to below $ 80. however, ethereum is a strong coin, so I don't think ethereum will be easy in that position.

[KTChampions]

Now the price of ETH is $130, well, even if it falls to $100, I am sure that the support level will not let ETH fall further in price, but so far ETH has not even fallen to $100.

When you talk about the level of support, who do you mean support from? I do not think that there will be many people who want to buy back an asset that is becoming cheaper, especially during the crisis. Plus, you must remember that when the price of ETH drops by 30%, a wave of liquidations from DEFI services begins.

[ned.ryerson]

Now the price of ETH is $130, well, even if it falls to $100, I am sure that the support level will not let ETH fall further in price, but so far ETH has not even fallen to $100.

if the price of bitcoin is still above $ 6000, and the price of ethereum is stable in its bitcoin form, it looks like the price of ethereum will not drop to below $ 80. however, ethereum is a strong coin, so I don't think ethereum will be easy in that position.

I also think that a dump below $ 80 will not happen. if we will test the level of $ 80 again then this will be the 3rd attempt to do that and then we can fly very low, but this drop will simply kill the project

[South Park]

Current market conditions are still very fragile, a few days ago ETH had dropped to the price of $ 112. Then rise again to the price of $ 130,
now ETH prices dropped again to $ 126. This is a sign that ETH is trying to get up and will head for the price of $ 200 if it manages to break
the resistance price.However, if it fails, it can go to the support price at $ 100. In my prediction ETH will not drop below the price of $ 80.
Because according to my analysis ETH will be able to penetrate the price of $ 200 in the near future.

At this point in time the market seems to be directionless, as soon as there is some positive growth there is a drop followed by another growth and then another drop, it seems investors are undecided about what to do, it is obvious the market right now is undervalued but the circumstances are terrible so no one wants to be caught in another crash and as soon as the price begins to go down everyone sells as fast as possible, and most likely these market conditions will continue for some time as the uncertainty caused by the corona virus continues.

[Yamifoud]

Now the price of ETH is $130, well, even if it falls to $100, I am sure that the support level will not let ETH fall further in price, but so far ETH has not even fallen to $100.

if the price of bitcoin is still above $ 6000, and the price of ethereum is stable in its bitcoin form, it looks like the price of ethereum will not drop to below $ 80. however, ethereum is a strong coin, so I don't think ethereum will be easy in that position.

I also think that a dump below $ 80 will not happen. if we will test the level of $ 80 again then this will be the 3rd attempt to do that and then we can fly very low, but this drop will simply kill the project

Nah, even the price will reach $80 but it is not about to kill the project. We know to market volatility and ain't no reason that any time of the day we can be dump as at looks in the past year where we drop below $80. I don't think this will be an indication for a dying ETH market coz it won't but instead, this serves as a big opportunity to buy more Ethereum.

Anyway, we saw that the Bitcoin has started to move high and hope this will changes the market trend. Hopes are the only thing we can do now because we know that many were still bothered to either sell their cryptos or just hold. This gives a huge effect on the prices.

[krayzie32]

Ethereum always depend their self on bitcoin and never going on without check bitcoin on the top price, I think will make many altcoin down if always depend their price with bitcoin, how ever when bitcoin down lower price they will allow down but why not joining what happen with USDT where many problem in the world they can strong.

Ethereum is just a normal altcoin and depends on Bitcoin price so in the near future it is still a very risky investment for investors. I have not bought this coin in the past and will certainly only buy it when it drops to $50. Of course, this market will fall for a long time and the altcoin season will be very unlikely this year because investors are now very panicked since the outbreak.

[meldrio1]

If this pandemic still going on then Eth can go down below $80, more people will panic this situation if more people affecting the corona virus day by day, not just crypto market will going down but also the economy.

[restuibu]

if $ 5,000 I don't think will be achieved because it's a very large number, reaching a price of more than $ 500 in my opinion is already the best value for ethereum for the current situation

[Shadowkipper]

if $ 5,000 I don't think will be achieved because it's a very large number, reaching a price of more than $ 500 in my opinion is already the best value for ethereum for the current situation

I think that Bitcoin will not fall much, so ETH is unlikely to fall to $80, as far as I'm concerned, ETH is already firmly above $ 130, in the future ETH should grow.

[wozzek23]

It didn't I get it but this was the scare that caused it to go down in the first place. Right now, it is like 140 bucks or something last I checked and it could have been higher if there wasn't a scare that it would go down under 80 dollars.

What people are forgetting that when you fear that ethereum will go under 80 dollars, even if it doesn't go under 80 dollars, it goes down a bit, right now we have seen the worst at around 110 bucks or something, I guess 105 if I am not wrong, which means that we are actually not doing all that well going from 110 to 140 dollars, we could have been better if we weren't scared that the price could go down. Hopefully the price will recover and go above 200 dollars, we tried really hard to go above 200 bucks this year, I don't want all of that to be for nothing.

[KTChampions]

If this pandemic still going on then Eth can go down below $80, more people will panic this situation if more people affecting the corona virus day by day, not just crypto market will going down but also the economy.

As we see the epidemic is developing explosively. A huge number of people have already felt the influence of these events directly on themselves. I am surprised that so far many people do not see a direct connection between cryptocurrencies and the global economy and think that everything will be fine in the field of cryptocurrencies.

[kotajikikox]

In this thread they are talking about the possible growth of around 4 digits

https://bitcointalk.org/index.php?topic=5218221.0


and here we are looking for 80$ fall lol,but yeah there is a chance that the price may fall down or grows up the truth is no one knows and thats the reality in this volatile market.

[South Park]

It didn't I get it but this was the scare that caused it to go down in the first place. Right now, it is like 140 bucks or something last I checked and it could have been higher if there wasn't a scare that it would go down under 80 dollars.

What people are forgetting that when you fear that ethereum will go under 80 dollars, even if it doesn't go under 80 dollars, it goes down a bit, right now we have seen the worst at around 110 bucks or something, I guess 105 if I am not wrong, which means that we are actually not doing all that well going from 110 to 140 dollars, we could have been better if we weren't scared that the price could go down. Hopefully the price will recover and go above 200 dollars, we tried really hard to go above 200 bucks this year, I don't want all of that to be for nothing.

Things are not so simple, the global economy has officially entered a recession, it was going to happen eventually but the virus accelerated this outcome, and the question is how the market of cryptocurrencies is going to behave under those circumstances? Many are expecting for the price of cryptocurrencies to skyrocket but that is doubtful, I really think this is going to be a bad year despite the halving and there is still a lot of time to see ETH reaching 80 dollars during that time.

[Shadowkipper]

Although the market is feeling some crisis now, ETH is still confidently holding on to $130 and probably not going to fall to $100 and $80.

[Bezobraznike]

   And what can we do about that? Nothing, if Ethereum is going below 80$ it will go below, we can do nothing about that, we can't change
the price direction. Some people can abandon ship, others can use that opportunity to get in. I know I will buy if price go so low.
   Some people take volatility to emotionally. It's not good to mix emotion and investing or trading. I believe in crypto-future, and I don't get
stressed in hard times, I use them in my advantage if I can.