Today, the price of ethereum has dropped to the lowest level in recent years and, according to CoinMarketCap, is $ 170. Of course, this happened simultaneously with the drop in the price of bitcoin, which now costs a little more than $ 9,600. Even if the price of this coin under these circumstances would fall even much lower, it would also have its advantages. By its purchasing power, this coin would be more attractive. Lowering the price leads to an increase in demand, which means again to an increase in price. In any case, I hope that in the fourth quarter of this year, the cryptocurrency market will have good growth.
I do not expect a further decline, but however, ethereum prices follow the decline in bitcoin prices. so far, ethereum prices have declined nearly 9% for today. that's really a pretty steep drop.
however, looking at the prediction delivered, when a bounce occurs, ethereum prices could return to $ 180. but, when there is a continuing decline, it could be as high as $ 160. but that's just the analysis that I read based on the newsbitcoin article today
https://www.newsbtc.com/2019/08/29/ethereum-price-eth-dives-below-crucial-support-bitcoin-down-5/