Agreed with you ETH has big potential to survive as it has big community and still on the radar of big investors. It seems it is into accumulation phase but it depend on the faith and trust on the people if he understand it has potential than he must invest otherwise move to other project.
It will survive, we need not worry because look at the altcoin market, it is completely bleeding. So there are huge chances to increase its price in the coming days, Bitcoin dominance is kept increasing and it is affecting ETH price, still, many people are using ETH for payment to participate in the IEO's by converting their ETH coin to base tokens of the particular exchanges.