do you think ETH will go down to 400$
Oh it hit and even doubled down to less than $200 but it recovered abit
Anyhow, Will Ethereum hit back $400 and recover from the current slump?
I believe it shall be fairly easy based off how people manage to push the price back from $170 to $220
Yes, you are right there are huge possible chances to increase the price of ETH more than 400$ but market situation is not accurate yet. ETH price is based on Bitcoin price, once Bitcoin price starts increasing automatically the price of ETH will start increasing.
but if the dominance of bitcoin is still high, then ethereum will be difficult to rise, especially to 400 $