Quote from: hase0278 on June 28, 2017, 05:39:45 AM

Quote from: Strongkored on June 27, 2017, 07:03:49 PM

Quote from: levent on June 27, 2017, 06:24:34 PM

I guess :
$ 160
$ 120.
It may fall further down.

$ 70 resistance

I don't think will go down to $120 or $160, the price will go up and if the price down to $120 not just Ethereum holder will panic also another altcoin based on Ethereum Network.

We will see soon if levent's prediction or yours will come true but for now I think levent's speculation is very possible after all, Ethereum looks so hyped right now because of some ICO's that gathers ethereum in their crowdfunding, which I think is what boosted ETH price to the current levels we see now. The question is when those ICO's will unload the ethereum they have gathered? If they do that ethereum it might fall under 160$ or even 120$ so I personally am waiting for it to happen but if it doesnt, it is still okay.

I think 120$ seems reasonable. price is very much hyped and also most of the volume is coming from FIAT. its just a matter of time before it drops to these levels. Eth has still a long way to go. the technology on eth is great but too many ICO's are getting funded ridiculously alot. when they fail to deliver the tech promised. it will crash hard. we need to also consider the amount of ETH in circulation which is at 92,849,890 ETH.