Where ETH will go if it breaks down $80?

[Python Master]

Many traders and investors put trust in ETH. But recently ETH performance is very bad, in every market crash, ETH has biggest fall. It's strong support is $80, i can't imagine where it will go. ETH was traded between $10-$15 for a long time ( i looked back its chart).
Do you think ETH will be around $10-$15 again if its $80 support is broken?

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[crwth]

When all things are chaotic, I think that anything can happen. When there is a crisis, something would happen. No matter what you do or where you go, anything can happen, especially in the prices of cryptocurrency. We all should be familiar with the volatility of the asset and there's just nothing you could do when that happens. We wouldn't want that to happen but it's going to be a great opportunity to buy more if that happens, right?

If ETH becomes $10 - $15, I would buy a lot of it.

[Reatim]

Many traders and investors put trust in ETH. But recently ETH performance is very bad, in every market crash, ETH has biggest fall. It's strong support is $80, i can't imagine where it will go. ETH was traded between $10-$15 for a long time ( i looked back its chart).
Do you think ETH will be around $10-$15 again if its $80 support is broken?

If bitcoin falls to $1k then for sure Ethereum will go down 10-15$ but if not?nope ETH will remain above that 80$ .
and yes Market is dropping Bad but it doesnt mean we will see impossible situation like this.marketCap stays above 140$ billion so it is more on uptrend is coming soon.

Though i will be glad having 10$ value for ethereum so i can Buy 100-300 ETH and hold for at least 1 year of more.sure i will be profiting by that time.

[Dr.Osh]

ethereum prices can reach as high as $ 10 or $ 15 when bitcoin prices decline even further. I assume that the current ethereum price is very dependent on the price of bitcoin. see the comparison,
At the beginning of the year, the ethereum price was $ 130, but at that time the price of bitcoin was around $ 7k, and the ethereum price in the amount of bitcoin was 0.018 BTC / eth at that time.
at the moment, the ethereum price is $ 110, but the current bitcoin price is in the range of $ 5k, and the ethereum price in the current bitcoin amount is 0.022 BTC / eth. well, if the price of bitcoin rises to $ 7k, I think ethereum prices will be higher. so, the lower price of bitcoin right now will affect ethereum prices, whether it can reach $ 10 or not.

[leea-1334]

Well I guess we will not be finding this out today,,, or maybe not ever at all. But we have been at $80 last year if I recall correctly and then we saw $290 just a few weeks ago did we not?

I would be buying a LOT of coin at $15, not just ETH;)

[styca]

Don't be concerned about current prices, they are only tempoary whilst the coronavirus crisis continues. The coins themselves are still good, and crypto as a whole is still good. Look at this as an opportunity for DCA or just stocking up on cheap coins. No reason to be concerned about the long-term viability of a particular coin right now.

[mahilchii]

Right now the market is slowly recovering and I believe it will continue to pump, nothing is going to change if we keep on worrying. It's better to buy at this point of time when the market turns green we can make more money.

I suggest everyone in this forum not to leave this opportunity and don't take it slightly this is the best ever chance to fill your bags.

[sunsilk]

I highly doubt that Ethereum will see those prices again but if it does, why panic and worry about it if you can start accumulating again at the best and cheapest price that it ever can.

I just doubt those prices but it doesn't mean that it's impossible to see. The possibility is there and no one can guarantee that we'll see it go up again for the next days but, can't you see yourself panic buying if Ethereum will be on those prices?

[yohananaomi]

Right now the market is slowly recovering and I believe it will continue to pump, nothing is going to change if we keep on worrying. It's better to buy at this point of time when the market turns green we can make more money.

I suggest everyone in this forum not to leave this opportunity and don't take it slightly this is the best ever chance to fill your bags.

slowly with strong certainty, even though it's still red but there are good changes, it might go slow. I agree with you that will continue to improve with time. if you have capital, don't hesitate to invest in ethereum right away because this is the right time.

[$crypto$]

I think this overall decline is not just on ETH, obviously the price of ETH will be low if the price of bitcoin is still $ 5,000 but to reach $ 10-15 it is not possible because the demand for ETH is very on the market by large investors, we look forward to it if the market has recovered then ETH will follow him to ride.
Ethereum this year and in the future has a good plan so that it will definitely be even stronger in the market even today there are still many projects that use smart contracts that means there is still holding fast to Ethereum fully.

[TheAndy500]

Many traders and investors put trust in ETH. But recently ETH performance is very bad, in every market crash, ETH has biggest fall. It's strong support is $80, i can't imagine where it will go. ETH was traded between $10-$15 for a long time ( i looked back its chart).
Do you think ETH will be around $10-$15 again if its $80 support is broken?

As you wrote, the level of $80 is in my opinion achievable. If the Ethereum price drops below $80, it will mean a total market collapse and total panic started. I think that below this price large purchases will start and the price should never go below $70. Of course this is a very dark scenario. At a price of $10- $15, even the biggest pessimists do not dream. I will definitely start buying if it is below $80 - if it happen at all.

[Smitty Werben Man Jensen]

Many traders and investors put trust in ETH. But recently ETH performance is very bad, in every market crash, ETH has biggest fall. It's strong support is $80, i can't imagine where it will go. ETH was traded between $10-$15 for a long time ( i looked back its chart).
Do you think ETH will be around $10-$15 again if its $80 support is broken?

after Bitcoin failed to maintain the MA 200, altcoin could have been an All Time Low again, but it all depends on Bitcoin now, the fate of altcoin is in the hands of Bitcoin, hopefully Bitcoin can be above MA 200 this week

[Stedsm]

I'd love to see a $50 Eth before it even starts to recover as it'll give a lot of people (including miners) an opportunity, a hefty buying opportunity where everyone will be trying to get their hands on the cheapest ever sub-BTC (which may turn out to be a dream come true for many who will keep belief and buy) because this is what real investors are looking for and even doing. They are selling, and while panic selling is done, the one who loses the most is an average Joe. So it's better to stay away from the FUD getting spread over the charts and wait for the right time and just buy it them (even now is the right time to buy it but if you want cheaper then just hold your orders right there at $50 and wait).

[semobo]

Analysis are useless at these conditions so just have belief on your coin or just hold the coins which you are believe.

Ethereum won't fall anymore unless we see another dump on crypto prices,so better hold ethereum or you can move to stable coin.

[Thomas-s]

I think that if ETH returns to the level of 10-15 dollars again, then it will never recover. after such a strong fall, It will never be interesting to anyone. ETH will lose investor's confidence and community.

[Yamifoud]

Many traders and investors put trust in ETH. But recently ETH performance is very bad, in every market crash, ETH has biggest fall. It's strong support is $80, i can't imagine where it will go. ETH was traded between $10-$15 for a long time ( i looked back its chart).
Do you think ETH will be around $10-$15 again if its $80 support is broken?

Having $50 might possible as well if the support level will drop and if every Ethereum holder will sell their coin. It is something we think about how worse it is having this pandemic virus that causes a huge struggle for everyone. Almost are in panic selling and this could help to push the market price to dump and of course, investors will also buy as it was a big opportunity for them. If they all stop selling at a low price, there is no way that it reaches below $100 but something we can't hold other's hands.

[styca]

It's strong support is $80

I don't think the normal support lines have much relevance at the moment. The whole market is moving as one, and that is determined by how coronavirus spreads and how governments respond to that. No crypto support line is relevant anymore, people are panicking and moving money about a lot, I don't think anyone is considering traditional support and resistance levels. But I do think once this is over, there will be a sharp recovery.

[shoreno]

i guess no.  the amount stated are way too low compare to the current hodlers of eth . even if many are going to sell , many are also left that continue hodling thier eth  .  

the amount 80 usd is also too low so i dont think itll will drop more.  take a look at btc , btc already stop falling because the price were already the lowest and the people left are only legit hodlers.  people should be more foccusing on btc if ever they want to sell hard than on eth because they can earn more juice on btc  .

[Yaunfitda]

Obviously, when a support is broken, the price will simply go down and plummet. But you have to understand where are all this dumps coming from? What are the factor behind? The simply answer is that people are just scared of the recent covid-19 attacks.

So for me, there is no technicals nor fundamentals reason for the fall, so if a support is broken around $80 it will free-fall to whatever price until the covid-19 scare stop. Which means vaccines are discovered, deaths are lessen or even total eradication of the virus itself in the next coming months.

[michellee]

Ethereum price can go to any price, especially if the bitcoin price is down again. But for how much the price will be, no one will know, and we can only follow the price moves. But many people will not expect to see ethereum will go down below $80, and if that happens, I think many people will panic, and they will sell their ethereum to wait for another lower price. But if ethereum price really down until $10-$15, I will buy a large amount of ethereum as what other people will do.