I really don't know what will happen with this show. Logic tells me that it will be cancelled, but at the same time, if it remains steady enough in the ratings at around 0.4 (these are the Neilsen ratings that matter to networks, not the viewership numbers that you have posted) then perhaps they might keep it knowing that it is solid enough compared to other shows on the network.
Everything on the CW is down in the ratings, so the standard for ratings is down across the board, all the DC shows have hit series lows in the ratings (if I recall correctly). Supergirl isn't the smash number 1 hit that they hoped it would be. Both of their new shows are (sadly) doing terribly in the ratings despite post Flash and Arrow slots, and have little chance of the critical acclaim and awards that saved Crazy Ex Girlfriend last season, so they will likely be cancelled.
I think then, with TVD already cancelled, and the likelihood of Reign being cancelled, plus the potential for Crazy Ex Girlfriend to be cancelled (unless she wins that Golden Globe again), that is potentially 5 shows gone from their lineup. The CW will be hesitant to cancel the shows that are longstanding and predictable in the ratings. It might be a toss up between The Originals, The 100 and iZombie, but it all depends on how they do coming in at mid season.
If the Originals can remain stable, at a 0.3 or 0.4 it might be safe. You never know with the CW, after they renewed their entire line up for this season.
If this is the final season, I would be sad, but okay with it as long as they were given prior warning and are able to put a proper ending in place.
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