Ethereum maybe heading towards double digit and is not good for cryptocurrencies. I read an article that said ethereum is heading toward were started from. The over all general conditions of the cryptocurrencies market is not favourable and I think we should expect any meaningful bullish trend from next year. The ways the whole thing is going is actually discouraging but that is how it was in 3 years back.
ETH most use case is ICO's, now ICO activity almost stopped and only new ICO can move eth price now, not updates. Who needs eth without new icos?
I believe that people stop investing in icos because of the scam activities going on and once there is security people will start investing again. Ethereum is going to improve in price somedays to come.
I believe it will still crashed up to $110 I think.The coinmarketcap now touching the lowest it has this year compared last year made the investors more worried and starting to withdraw and so the price is at stake also.But I believe also that there's still many crypto believers and holders that made the price hold.Only time can tell.
Investors are really discouraged and many are dumping out of depression and frustration. If we can be a bit patience? things are going to change in future.