It seems pretty much confirmed we can see Ethereum going under $400 these days.
Qn - Is it a good buy under $400 or wait for even more price drop?
In this January ,the price of Ethereum crossed 1100$,now the value of ETH is 1/3 of the Jan Price.So I think this is the best time to inverse in ETH.When the price increases to 1000$+ ,you will get huge amount of dollars in your hand.
Still you wait for the drop means,you are face to buy a ETH at some more high price.In trading,if you keeps on thinking means two thinks will surely happen.One is You are forced to buy at high price and Second is you can buy at very cheap price.Now the choice is yours.
Ethereum (ETH) prices fell significantly against the US dollar and crypto-frontrunner bitcoin last night, losing 5.3 percent and sliding down to just $391.15.
The drop past the $400 mark puts Ethereum well below the $410 resistance line.
Ethereum had its price forced down by more than $50 due to increased selling pressure from traders.
The price was hit so badly that it dropped to a new monthly low of $365 as trading continued. Market is quite perplexed but a good time to invest now and keep a long patience cauz it will start hiking from next 2 month or so..