Why is Ethereum price unable to break out of $300?

[val]

The number of ICO on Ethereum is rising in an exponential wave. Those ICOs are collecting a huge number of Ethereum that people needs to buy making the price of ethereum rise. Then when the ICOs finished collecting it, they need to sell it in order to have fund for their project, making the price of Ethereum go down.
As there are more ICOs created than finished, price of Ethereum is in a Status Quo and may even go lower a bit.
As soon as ICOs Boom is finished, you can expect to see Ethereum price going really high.

[Dilerium90]

The number of ICO on Ethereum is rising in an exponential wave. Those ICOs are collecting a huge number of Ethereum that people needs to buy making the price of ethereum rise. Then when the ICOs finished collecting it, they need to sell it in order to have fund for their project, making the price of Ethereum go down.
As there are more ICOs created than finished, price of Ethereum is in a Status Quo and may even go lower a bit.
As soon as ICOs Boom is finished, you can expect to see Ethereum price going really high.

So why will we expect, that price will go high. It can go down too.

[val]

The number of ICO on Ethereum is rising in an exponential wave. Those ICOs are collecting a huge number of Ethereum that people needs to buy making the price of ethereum rise. Then when the ICOs finished collecting it, they need to sell it in order to have fund for their project, making the price of Ethereum go down.
As there are more ICOs created than finished, price of Ethereum is in a Status Quo and may even go lower a bit.
As soon as ICOs Boom is finished, you can expect to see Ethereum price going really high.

So why will we expect, that price will go high. It can go down too.

Because it is only one way for ETH to go high! way back not exist, look back.

[mathematical-project]

The number of ICO on Ethereum is rising in an exponential wave. Those ICOs are collecting a huge number of Ethereum that people needs to buy making the price of ethereum rise. Then when the ICOs finished collecting it, they need to sell it in order to have fund for their project, making the price of Ethereum go down.
As there are more ICOs created than finished, price of Ethereum is in a Status Quo and may even go lower a bit.
As soon as ICOs Boom is finished, you can expect to see Ethereum price going really high.

So why will we expect, that price will go high. It can go down too.

Because it is only one way for ETH to go high! way back not exist, look back.

I think that the founders of IСO will find a way to resume their activities. Maybe they will be registered in countries where this is allowed. And the price of ETH will go up

[Kenak]

Really Glad to know this.
But i still do believe that price of Ethereum will still go up

[cindykate]

Remove bitcoin, then ethereum price will surely breakout of $300. 

[donnyv68]

Ethereum still go up and will breakout $300 next year

[sabbir2world]

Remove bitcoin, then ethereum price will surely breakout of $300. 

remove bitcoin? lol

[limek]

There are more and more adoptions ongoing everywhere. Look forward to the move to $400.

[AstaYuno]

Because of ICOs in its platform here and there

[ridertiger]

ETH is very good coin after BTC in history of cryptocurrency. I believe it will touch 1000$ in coming few months.

[doctordevil]

ETH seems starting his race to 1.000$. Do you think it can be a steady growth?

[amila_cs]

well today the price is 370 USD. I am sure this time it will boom 

[ridertiger]

It is already above 400, around 418 USD now. So, there is no reason that it should stay low.

[1kings]

I wonder thesame. It does actually but it's not been able to sustain it and rally to $400. But with its current trend. Maybe before 2017 ends.