Based on what I observed in the current market, Ethereum is the crypto in the market that is down 90% in his All-time High, based on my research this happened because of the ICO under Ethereum blockchain, all of this ICO dump their Ethereum to fund their project, and some of this ICO are Scam projects, let's say 90%, so what will happen to all the Eth they received from Investors? dump! after the dump this guys exit scam, my prediction is we can see a $50 Ethereum this year or maybe $20, but $20 is highly unlikely to happen.
Are you kidding? So if ICO's dump to ETH for funding for their project will make ETH a loser is this what you have observed? And you say ETH will go to $ 50 as well. Don't think that you can say whatever in tough market situation. Well my answer would be time will give a lesson to you, wait and see that how eth will slowly recover and I believe it will come more stronger and harder this time.
Only time can tell what would be the journey for this project, the market still unpredictable many speculation are keep coming both supporters and non believers are pushing the value either ups or down, we need to count previous history and learned how market will behave after some time.