Bitcoin Forum

Ethereum (https://www.coingecko.com/en/coins/ethereum) is on a roll today with a +11% gainer in the last 24 hours hitting $160.

This is the strongest run ever since the massive correction we saw last few weeks as global pandemic and oil price war pushes down all crypto prices.

https://i.imgur.com/J1CKpKz.png

Is this sustainable or a trap?

I'm hoping this will be the start of the continuous rise of cryptocurrencies though. 11% is too much for a day but as long as the market is gaining popularity to investors, I guess it will go up after another drop.

Creating a thread like this every time there is a spike of price have been done before. Didn't you just inserted a link to your coingecko ETH page? 

Expect for these kind of threads from time to time because people do make post towards it when they do saw some significant price changes in the market specially if the said token is part of their holding.

11% a day growth is nothing new and somewhat common here on crypto.Talking about if it would continue or not? this is the question that cant be answered specially on a very unpredictable market.

Not only ETH is on green now. We do even have 300%+ in last 24 hours. https://coinmarketcap.com/gainers-losers/  8)

For the first time, the ETH price broke away from the BTC price. I think this is a good start for alt seazon.
The bear market for altcoins lasted for over two years, I think this is the best moment to show the world that this is not the end of altcoins, but it is the end of classic money!

Just weigh the situation. I'm aware that Bitcoin is also the reason why ETH moved synchronize with its prices. Trap, it can be but it can also be not.
As always, the manner of this market is unpredictable.

You have to be more wiser now, observe the market well and know if the market is recovering or it just a short pump, no one can say that this pump is just a trap surely. ETH is the top altcoins, it proves to us that it can also recover after the dump, if bitcoin continues to go up then you can consider this one as a real pump.

It's also because of Bitcoin. If Bitcoin didn't reach above $7,000, I don't think Ethereun gained almost 10% which is much higher on daily percentage change if we compare it with Bitcoin.
But still, for me, Ethereum is being an Ethereum which I got lucky since some of my Bitcoins were converted to Ethereum last month.

Right, bitcoin is still the leading indicator of the market. The others are more volatile thus swing in larger magnitude

I just hope that bitcoin will always be able to maintain its price so that ethereum can too, but if bitcoin has decreased in price then this will be a trap and scourge for ethereum holders

I don't see it having any possibility of a trap, and as the pandemic has now starting to supress these days I believed this progress is a great way to cope up the previous fall down. However, we should be more vigilant until the perfect recovery will soon correct every minutes price outbreak.

It reached +15% now mate and this seems to be interesting week starter.
yes it is and many are surely waiting to sell off at any minute now to prevent from falling again.

possibilities are Both can happen,but i think it is more on sustainable because correction has been ended and now the Run is on the way.

Not sustainable so fast, I would say,,, UNLESS it is followed by another 30% in the next week to push it above $200, and then recover even more to gain $240, which is where it last was before the crash, by the point of bitcoin halving. Very possible, I would say, in this scenario, to see even $300 but everything relies on BTC.

something that should also be thankful for in an epedemic corona and the economy is not good, ethereum gets up and continues to walk to the best place. today starts with $ 162 and touches $ 172, but unfortunately falls back to $ 170. hopefully this is not a bad sign for ethereum. I agree with you we still need to be vigilant until a more perfect recovery, and hope bitcoin will stimulate to encourage the increase so that it also affects ethereum.

not only ethereum, I think this is due to an increase in the price of bitcoins to the level of $ 7k. besides, this is very good news for owners of bitcoin and ethereum. however, recovery continues to this day. this might be due to the halving day coming soon, and also ethereum 2.0.

Thank to bitcoin, it rises so we are seeing now that ETH has followed, actually there is no special with ETH and this is just a normal pump after being dump due to the panic of the pandemic. Bitcoin seems to be doing great right now, the uptrend continues and altcoins will surely follow.

Fact, not only ETH rise today.

top gainers here from top 100 (including ETH) - soure cmc

https://imgbbb.com/images/2020/04/07/gainer.png

I hope that soon ethereum can break $200 so I can sell more ethereum and get the profit. While ethereum increase now, the other coins are increasing too because bitcoin price already increases since yesterday, and I am happy to see bitcoin finally can be at more than $7,000 position. If bitcoin can get more support, then we will go to see the price break $7,500, and the chance to break $8,000 will be wide. But still, I feel afraid to buy some bitcoin or ethereum right now because I guess that the timing is not right to buy and now, it is the right time to place an order sell at the market. I think there is a chance to make a fast buy and sell at this moment.

Nearly 10% growth all over the market in the past 24 hours which is really great at pandemic situation like this and will help more people to realize why they should move towards decentralized assets to survive at any market conditions.

And it continues to rise... this is such a great day for the crpypto market, finally we see some significant gains after weeks of the market being quite.
Thanks to bitcoin being bullish as well since it's always bitcoin is the initiator of the market and altcoins will just follow.

Back then global pandemic and oil price war pushed crypto prices down, now they push it up. Price of oil increased 30% few days ago. Dow ones increased over 20% in last two weeks. What pushes crypto prices down also pushes them up.

All of crypto dropped substantially. The most relevant thing here for me is that ETH is outperforming BTC at the moment. A sign of things to come with alts leading the recovery? Perhaps.

+11% a day isn't sustainable. 11% in one day then plateauing is sustainable.
I don't think it's a trap, ETH has been under-priced for a long time. The markets dropped too far I think in the CV-19 panic, it's natural that we have sudden mini-recoveries like this. It's welcome, but I don't think hugely important given the context of those recent big drops.

This is a great signal for this market, Bitcoin and ETH are growing strongly today and I hope it can keep going up this month. If the end of April bitcoin goes up to $ 10,000 then I think we have returned to the bull run

That's a big achievement, $10,000 is always a good price and will surely make this market more hype.
Right now, the stock market are sleeping due to the economic crisis, imagine what the investors would do if they will see that the crypto market is bullish.

It's unexpected but it could happen, maybe this is the best time to show to the world that our economy might struggle but crypto can grow under any situation, we should see this pump continue, slowly but we are getting there.

I don't think it is trap ever since we know the movement of the ethereum is really good but not all the time.
I really like what I saw today because as ethereum investord and holder we can have chance to pump again this coin .

Ethereum is popular and very promising coin so it's not surprised to me today becaude the price is pumping it's natural to that coin to up but I hope we take csre this because we allow again panic seller another dump for sure.

Investors will hold, while investors or maybe what you mean are day traders or short term investors, they'll take profit when necessary.
What will make this price rise more is when the whole market is bullish, ETH already loses its power when ICO popularity was over, and its upgrade was not release yet so nothing is special at the moment.

I believe that Ethereum really has a lot of advantages over other cryptocurrencies.  Of course, the Ethereum platform provides unlimited opportunities for creating smart contracts, in which Ethereum plays the role of fuel.  But even despite this, Ethereum has a number of other functions that can be used as bitcoin or lightcoin, where Ethereum can be used to transfer money, use it as a means of payment, and Ethereum can be used as an asset for investment or for storing your  financial resources.  Of course, the main problem for Ethereum today is scalability, but according to Vitalik Buterin after the introduction of sharding, this problem will be solved.  Of course, Ethereum has great prospects and its value and popularity will grow due to the demand for Ethereum in the cryptocurrency market.  But what today prevents Ethereum from developing and growing in price is, first of all, a general negative trend in the cryptocurrency market.

Not quite unusual for me knowing the capability of Ethereum to change like that and still a lot of people are giving their all put support. Ethereum is always in the tail of Bitcoin and no wonder why it moves high as Bitcoin did it first. If we bought ETH last month, we are probably gaining but I don't think that many people did this because we are now at the crisis which is our first priority than investing. The momentum will continue if Bitcoin won't fall back as the halving comes closer. $200 is not impossible...

Whether sustainable or not, but you can't deny the fact that % wise, this thing has shown an almost 100% increase from its touched low this year which is highly commendable. I think Eth 2.0, being in the discussion all the time, could be the reason why this beast woke up and blasted off? What's your thinking on it? It's a great opportunity for everyone to go long at 2-5x max on Eth because it can give you huge returns compared to other alts.

It's expected that 2.0 will be release this year, well, maybe people are speculating now, bitcoin for halving while ETH for eth 2.0... those are great, but then I didn't see ETH rise alone, it only rise when bitcoin rises, so it's really hard to tell if it can sustain without bitcoin rising.

means that it isnt really sustainable because btc isnt also sustainable due to its high volatile trait   .

infact btc just drop again from last day up until now so i wont be surprised if eth and other coins goes down again    . still eth pumped was nice tho  .  many people are amazed to see that happen knowing that there are still crisis and cryptos are greatly affected   . we shouldnt be worried at all when eth declined again because there are still big event for eth and can trigger a huge pump again soon as well as btc too because of halving 

a trap or not, in fact, the price of ethereum goes up, and anyone who has ethereum can take advantage of this moment. other than that, I'm quite optimistic about the recent price increases. it looks like the price stops at a range of $ 165 and $ 175, however, there will be further developments when the price of bitcoin rises again.

I don't think this is a bull trap, the price of ETH and Bitcoin are growing slowly. And that is the recovery of this market, hopefully from now until the halving of bitcoin begins we can see ETH go up above $ 200 and bitcoin can reach $ 8000-9000 again. That would definitely be a great start

and Now sits at 168$ https://coinmarketcap.com/currencies/ethereum/ seems like this is the start?of something great again.
for week now we are sitting at 135-140$ thats why its great to see this prices.

Bitcoin at $7,200 is not that low before halving.
if you haven't invested yet then better make it now or be late for the run,the Virus is slowly being managed to prevent from spreading so its only a week or month and this will be ended .

The alt coins always have the standing advantage of possibly out performing Bitcoin.   So its real to that extent but also ETH is good for a swing trade and many will buy and be forced to sell at some point so a pull back is also natural occurrence.    The easiest way to spot where a price can settle is prior sideways action on the graph, the reason being the longer a price stays in the area of a price the greater the volume and participants are involved in that price making it far harder to pass especially on lower volume.   If the trend for ETH overall is good then the selling though it will certainly occur at some point, it will be less volume then the prior buy orders in accumulation.  
   We're all part of a larger system of monetary expansion and contraction that runs in line all the way to mainstream events and policy, at present we're in recovery from that surprise event and deflation adjustment to prices.

Dont ger your hopes too high. Market is really unstable and in situation like this. We cant be sure if we are tracking a good movement. Some say this is just a manipulation but in the span of weeks trading, it goes slowly from 6000 to 7000 without any hard pulled back like the one day down of it from 10,000 to 3,800 levels. I am feeling positive but I am not expecting it to rush to its course. Its better than sudden traction then suddenly will go down fast too.

ETH is once again proving it's capability and slowly gaining the publicity. It's ready to rally again towards $180 and itseems It will go ahead, this momentum will extend significantly further.

As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way :D

I can't be happy with that price as that is still very low compared to its ATH.
ETH IIRC never reach $400 when it was dump below its ATH, so if ever ETH will at least reach $500, then I guess we should hype this again.

I don't want to expect more, but ETH pumping is impossible without bitcoin.

ETH pumped relied with bitcoin from how things happened before, the current run gives some good sign though it's far from the last time high and
with this current situation from most economy of the world, the hype still not happening it's needs to have lots of money to invest inside in order
to bring another big run.
Currently it's still rising even in the small way, still a good sign.

We don't know if that is a bull trap or not because of ethereum and bitcoin growing, and we see that ethereum and bitcoin already down in this month and it happens many times. But I am sure that the recovery is still on the process and we are waiting for that time, so you need to make sure you are ready for the bull run. Ethereum will pass above $200 and bitcoin will do the same thing, and bitcoin will make another ATH soon. We should prepare for the next week because we don't know what will happen with bitcoin and ethereum.

I thought we already established the fact that digital assets are not safe haven investments? While I'm impressed with Ethereum's growth this past week (went from $130 to $171), we shouldn't forget in a hurry that the price took a nose-dive in February. With the pandemic crisis still yet to be resolved, it's best to apply caution. There's no telling what direction the market is heading to next.

Must see price correction soon because it was unhelthy fast growth without any reasons. Beta ETH 2.0 is not a reason because it's too far from mannet.

This is now pricing $170 and still holding to that,if this is sustainable or a Trap?no one know but it seems that the price comes from the Green of Bitcoin so maybe lets wait for Bitcoin price to declare if this will Last and continues of fall just in another day.But i am contented in this value because every week the price is growing so maybe little amount will do per week than dumping again.

Talking about if it bulltrap of not. I believe it is if we judge by the historical data of ETH and some others utility altcoin they usually follow the momentum posed by bitcoin and if you check bitcoin trend at the time of posting this message it currently in experiencing dump in price. Therefore, it a bulltrap played by arbitrage traders.

The bigger moves are in the tail end of a move is my theory because we see the end result of prior momentum and it reaches a crescendo.    But I would judge this remaining bullish still so long as price remains over 0.022 or so because that is the momentum from the prior week and in this case the month before due to the losses its fair to pull back then rise from that point still.
   If I check 50 day moving average it matches that as a cap to present prices, its a light pullback then as an indicator has an effect in perception but not longer term imo.   Target upside is about 0.026 vs BTC

I am very cautious for the time being but still believe that ETH is a good investment as the coin has had a huge improvement over the past week and the market is showing better signs of growth. Of course, there are still many risks when choosing to invest but I believe that when the coronavirus ends, life will return to normal and the crypto market will continue to return to the best price period.

It was able to sustain as it is currently sitting at 162$ as of this moment but we are not yet 100% sure that the increase will continue to push forward as the market is very vulnerable. Though looking in the graph, it is currently pointing upward so let's assume that this increase will continue until the halving of bitcoin will occur.

Trap is always a possibility in the market also so we should also consider any possibilities as we don't have a control over the market unlike the big investors in which they can easily move the market as they like.

at this time there has not been such a good development regarding ethereum other than because it is supported by bitcoin. currently, the price is approaching the range of $ 150 because it is caused by a decrease in the price of bitcoin which again touched the price of $ 6k. however, with this, I think recovery still gets some problems.

Agree with that, no hype for the eth 2.0 yet and maybe the team is not sure if they will release it this year.

Which market you are looking? Currently, I am seeing that ETH is already price over $150, and that is when it dump a bit.

https://imgbbb.com/images/2020/04/10/eth.png

All coins that now depend on Bitcoin and altcoins can no longer increase as they used to, so it is difficult to predict. In fact, I predicted this situation because ETH dropped very quickly last week and had a strong rebound in the last few days. Of course, this coin will soon return to the downtrend and that's why you should wait more instead of investing now.

From the day you posted it till now market move up a bit than $160 in the last 3 days then dump a little in this day. It looks to me that would be going stable here between $150 and $160. But as what majority said, such movement was influenced by Bitcoin itself, well I agree as there are no significant news related to ETH alone on why did it move like that. So may be for now, as long as BTC pump rest assured that ETH or let's say several altcoins would do the same.

There will be a correction and a day ago that was a correction. The coin price will nevee increase continously because there will be a trader and make a strong support in the resistence. And now as we can see the price of ethereum is increasing again and I can say that the price will up more then last day if the sentiment market is still good. I realize that the movement price of cryptocurrency is different with the stock market movement price. The stock market will increase slowly but it just have a small chance for the price decrease but we will not it in cryptocurrency market.

Now it's hard to talk about the future of ETH because the coin is very volatile and just a bad news can make things worse. Any prediction just stops at the prediction and investors tend to hold more fiat during this time. Of course, $150 -160$ is only a temporary price and certainly this coin will drop more if the market does not have a big improvement.

It's really temporary, even if the price will rise it's still temporary.
The thing is, bitcoin is volatile, we can't tell if the price will just go stable uptrend because anytime it could dump even without known reasons.

maybe this would only depend on our target now or prediction, mine is over $1000 and I'm hoping to see it but only possible with altcoins season.

$ 1,000 is a greedy number. I appreciate your carefulness in ETH pricing and always have a calm mentality, but I'm afraid your price prediction is too high. For an economy hit hard by covid, people are now holding more cash and preparing for a major recession. The rebound is only due to the fomo sharks and makes its price temporarily increase. The manipulation is increasingly intense and with a small amount of capital the whales can already manipulate the market, be careful at this time. Be patient and wait for a better price to buy and hold.

^^ Nah, I don't think that $1000 at this point, Here is another bullish prediction on Ethereum by Galaxy

https://i.ibb.co/K2RdT8M/Screen-Shot-2020-04-12-at-1-24-48-AM.png (https://ibb.co/VgrRfk7)

https://twitter.com/galaxyBTC/status/1248964805249118208

I think this is more realistic, we have been seeing Ethereum trading at this range prior to the downfall of crypto because of the Covid-19 pandemic. So let's  see if we can see the price goes on that level after weeks of trading sideways.

Galaxy has always been very bullish obviously.

Anyway, yes there is a big possibility that $250 can be hit again specially if we are going to be bullish in the next coming months. I firmly believed that if after the BTC halving that we see some good run of BTC, ETH will follow suit as well pushing to the $200-$300, so everyone should stay tune and continue to accumulate at this point and take advantage of the current entry price.

That was good news for ETH right now that would take to $160 and we hope it will still continue and reach to $200.
I know ETH can reach on that price because etherium one of the trusted in the market and a top 2 in crypto curency so no doubt about ETH can reach on that price. Before the ETH reach on a price like that it will need for bitcoin first to grow up the price so that's why ETH can be followed and also some altcoins.

One of the reasons why we need to closely follow the trend of bitcoin, because most alts or cryptocurrencies are just following the trend of bitcoin. Just look at the overview trading performance in coindesk. They are following the movement of bitcoin. And eth is not excluded from that. Though eth has solid platform, yet, it also follows the bitcoin trend.

Well, now you can see that the price of Ethereum is completely dependent on bitcoin. I think that you do not need to spend energy and try to understand how the price of Ethereum will work. just watch bitcoin charts. Now this is the main tool that you need to watch

As everyone know ETH price is dependent on BTC price without any doubt because these days ETH value goes up only if BTC performs similarly the same happens if the price drops, this isn't a good sign for a popular coin I agree the market is very volatile now but this pump and dump should be filtered on their own strength. Well that's how a coin should react when depending upon the situation of crypto market.

This is nothing new. The prices of all altcoins depend on the BTC price and the same applies to ETH. In 2017, the prices of many coins behaved differently and often regardless of what happened with the BTC price, but from the beginning of the bear market, BTC shows the way to all other cryptocurrencies. In my opinion, however, ETH has a chance to break away from the Bitcoin rate, but it is not known when this may happen. I hope it will be possible this year.

Though they are relevant since bitcoin is the main basis from how we see the market moves, if you are willing to take a closer looks then you'll be able to find situational movement from ETH, there are also time that it will gain value even bitcoin was steady from it's barrier, assess and have a closer observations for you to able to anticipate when to place your position and how you will be able to gain decent benefits.

And back again at the $150 level. Affter huge dump 11% up nothing if you compare with last carsh. In fact all altcoin with eth depends on bitcoin. If Bitcoin is at the up trend then eth will go up. And if Bitcoin is dumped then eth will dump as well. Currently Bitcoin Analysis is important, before the day trade or short trading. Eth will follow Bitcoin.

The fact that the ETH price follows the BTC price does not happen only now, it has been going on since the beginning of the bear market, which began at the beginning of 2018. In fact, it is now the rule that the BTC price changes first, followed by the other altcoins. However, I think that soon ETH can become much stronger and sepatare its price from the Bitcoin price track. I think this will be the signal that the new altcoin season will start.

Of course, it must continue in the future, but there is definitely time to make corrections to come back higher. Now ETH has reached $180

The problem with percentage increases is that they are relative. If a coin drops 50% then rises 50%, it doesn't return to its original value, it returns to 75% of that value.
Example: ETH is $100, drops 50% to $50, then increase 50% to... $75.
What I'm saying really is that 11% of current prices is nothing, it's not a big move, particularly in relation to the ATH for the coin, but it is also low in relation to the pre-Coronavirus values. We're talking about a price rise of about $10, that's all.

ETH has continued to decline and indeed the price of $200 has not been broken for the past few weeks. I think the epidemic situation is becoming more and more complex and will definitely affect the profitability of investors. For the time being I will restrict investment and only buy when the market becomes more stable as ETH now depends heavily on the price of Bitcoin.

Bitcoin has to rise $8000 for ETH to at least reach $200, that's going to be the trend since as of now, there's nothing that would hype ETH, everything is based on bitcoin's performance and we are even lucky now that bitcoin is still surviving and slowly recovering.

As long as ethereum can always bring a good news and the correction can be avoided. Just try to spread the test net that is alive and people will be massively trying to use the POS testnet.
i don't even think if the correction will come shortly. My friend is even tring to be a validator right now.

some time ago bitcoin exceeded 7k but now it is below 7k while ethereum still stands at $ 170, I hope the price will continue to survive and continue to increase if bitcoin returns

It is difficult to say that growth will be sustainable growth, and also we cannot say that the increase is a trap because at this time the pandemic is still unstoppable so that everything will decline and also this crisis will create other difficulties in the world.

Bitcoin was always getting a small bump on its price while ethereum growth constantly with the hype that caused by POS update. This trend will remain the same if there was no a good news for bitcoin. Ethereum can do that and it needs more hype news to make more people will try to buy more ethereum as much as they can.

It has been this painful climb for ETH,,, which is currently trying very hard again to gain $10 territory every few weeks. A bit frustrating for ETH holders I guess, but problem is not many other alts are doing better,,, if at all! This is just a problematic time for crypto but ETH 2.0 testnet coming out not sure why no bull moves.

    Why would little rise every few weeks be a frustrating for Ethereum holders? Maybe it's frustrating for people
who wish to get rich fast and they would like to see faster grows, but not all of us thinks like that! I wouldn't be
a holder if every little drop, or slow rise, affects my mental health.
   Ethereum is recovering slowly, and I think we will not see any significant rise before next year. By that I mean rise
to new ATH.

If possible we like to get rich here, yes, it could be frustrating to some because in their mentality, then think that crypto is an investment which would give quick return of money. Actually there are investors who invested during at peak and are still holding now, hoping that one day ETH will rise again and that's the time they will sell, and I also believe it's possible but it might just take time, so we have to be patient.

even, for now, ethereum prices have stabilized again at $ 160- $ 175, and the price is only at that level. however, the increase that occurred some time ago was due to an increase in the price of bitcoin. for now, I'm also pretty sure that the price of ethereum will continue to rise with the increase in the price of bitcoin.

If that happens, I will make sure to buy more ethereum although I know that it will not easy for me to buy at the right time. Hopefully, the price will not go down too far so we don't have to be worry because if the price drops, many people can panic at that time. Although if the price drop can be our chance to buy at the lower price, it will need time before the price can be back to the higher price.

CV-19 hit the traditional markets hard, and hit crypto hard too. I think we can be confident that once we come out of this, all of crypto will bounce back. But ETH does look too low not just against fiat but against other coins as well. Percentage increases at the moment may be quite misleading as it is against such a low base... but I am very confident that ETH, particularly with the move towards 2.0, can recover very strongly. Current prices are not much more than 10% of the ATH. And whilst 2017 was a bit overheated, the fact remains that ETH has a tremendously strong use case, and has been battle-tested in a way that most other cryptos have not.

If the price of Ethereum drops to $130, this will be a catastrophic price and could cause the entire market to collapse in a short time. I think this only happens when the Bitcoin price cannot recover and the bear market continues its downtrend. Of course I didn't expect this but covid-19 is getting worse so anything can happen.

I really can't see it dropping to $130 (will be devastated if it does haha). Agree though, with oil now at a negative value I think anything is possible in this COVID-19 situation. Crazy times.

Yeah, oil's price went negative is not something everyone could foresee. But i think can't apply it to crypto especially bitcoin having is around the conner. Hopefully, bitcoin having could be some drive for altcoins and ETH in general.

This is something that is bound to happen and it's only a matter of time I don't see it as a trap, top coins in the market will never give us any kind of trap, it's just the way things are going, Ethereum is heading up no doubt about it, I expect it to go up further $200 next month and it's expected when the market gets better.

I won't think about catastrophic price or not, but I see that will be like a golden price for me to buy more ethereum ;D

But I don't think that the market will collapse because somehow, the market will survive even if there are drops in the price. Every coin will try to survive, even if it's just for slow movement because we cannot underestimate the market. The market has a long time journey which means it will still trying to rise again after the drops.

Calm down. Even if the crypto market is dropping, or ethereum is dropped to $130, it will be back to the high price. Maybe it is time for people to move to the crypto ;D

for now, it looks like ethereum trips will reach the price of $ 190 in the near future before reaching the price of $ 200. I suspect that the price of ethereum will reach $ 200 when the price of bitcoin reaches $ 7500. for now, it's so difficult, but it can be a new achievement

I think if the price of ETH could go up to $190 he would continue to go up to $200, not staying at $190 because from yesterday I noticed that the price of ETH had increased significantly from $160 to $180

and now another 3% gain making the price of ethereum to %183 and still going higher.

it maybe the Strongest run from that Very Bad dump but there are also another high recently that is why now we sits over 180$.
for almost a month?maybe this is certainly sustainable and look at now,we are growing slowly but accurately .

Do you even know what you are talking about? Top coins? Check out what the top coins were in 2016 or 2012. Some of those in the top 10 no longer exist,,, and for some like OneCoin or even Bitconnect,,, they were even outright scams. I remember BCC was #3 at some point and that was one big trap!

it is now on $190, and ENJ is up 5% in less than an hour, reached $0,12, would this continue until the halving, or even more, corona virus influence is weakening and halving influence is now in the first plan, do anyone think that altcoin bull run is starting, or this is just a glitch
ETH overcome 0,025 BTC, and raising, which is a good news

ETH follows the price of Bitcoin !, when the price of Bitcoin goes up, ETH will also go up, this is very good for ETH,
most likely we will not see ETH under $ 150  ::)

Maybe it justified if we can see the price of ETH will pump up even if the price of bitcoin will remain stable but as of now since things goes with the flow with BTC since if you look at what's happening on the ETH you can see that this is riding when BTC pump, and you also consider that the exchange is paired with BTC so any movements could really bring up to any alts including ETH.

Exactly, and we all know that every coin's market capitalization is somewhat untrue, even Bitcoin has a problem to keep it accurate what more to say altcoins?

Top coins by market cap is useful for a quick look but it is quite pointless to use as a method for identifying potential.

Honestly it is not only bitcoin price that it is following, I would have understand if it was only doing these increases because bitcoin was increasing but look at the charts, ethereum went up in bitcoin price as well. This means when bitcoin price of ethereum is staying same and bitcoin price in dollars increases, ethereum increases as well, however when bitcoin price of ethereum increases AND bitcoin price in dollar increases at the same time, that is double the profit.

This is the reason of the sudden increase of ethereum, it is a good coincidence or something calculated I don't know but in the end both of them increasing at the same time rarely ever happens, which is why I do not think there is any secret reasoning behind the increase, it is obvious.

That doesn't make sense if you talking about the correlation between oil price and crypto price. There was no even a  small correlation between crypto and oil. When oil faces the negative trend but crypto can even gain the bullish trend. Halving is not a big bet right now. People are not seeing crypto as an alternative solution.

Ethereum has its price strike as Bitcoin makes it first. Despite the continuous spread of COVID-19 but then, the crypto market still making its recovery slowly. Mostly are thinking for halving and it might make sense by then since we are near to that.
That 11% (and more) in just 24hrs difference is showing a huge market change, it seems normal to have ups and downs but this time, ETH making its way to prove that still worthy for our money and trust.

Ethereum has became too good these days and I see a lot of gain. Currently it is above $196 and it has been positive for more than two weeks now. I believe that this week that we are entering it might go above $200.

The price is around 200 dollars nowadays which shows how awesome it is getting. I know it is getting higher and that is awesome but at the same time we should be discussing why it is increasing as well and how we could replicate that. If you don't know when the price goes up the method it took to increase, you will not be able to do the same thing again and that means you are basically letting it be for the next time.

However if you learn what made it go up to 200 dollars nowadays, you will be able to use that again in the future to replicate this increase so you can keep it up and up all the time. I believe this increase was probably caused between the increase of bitcoin, but with the testnet 2.0 as well, that must have helped a bit to ethereum as well.

It has broken that big mental barrier of $200. As far as I can remember, it was around $260 already prior to the corona pandemic scare. So there is a chance that we can reach that price again assuming that the bull run will continue.


Agree mate, it was really a combination of bitcoin having its own bullrun and the the testnet 2.0 did go on production. Even XRP did experience some trickle effect. So everything looks clear at this point.

Eth continuously growing this past few days like btc and other alts. I think it might because of the coming halving that is few days away. Its likely that investors are now bullish that there might be a huge changes in the market due to halving. Well we cant accurately predict it because the price can move downward without notice so lets just hope this is the start of much better status of the market.

Bullish like it has appeared Bitcoin and ETH has moved back quickly so we have to see the movement every day because of this fluctuations could be a decrease in a moment but I think it's not possible because this is a good position before halving occurs, maybe this will be a benefit for us to buy before prices soar.

This bullish momentum caused by bitcoin. I think this is still the best time to buy but remember we are already in the bullish momentum and the price keeps soaring even more.
It's too risky to take this for the long term as it may go down after the bitcoin halving will have done.

Currently ETH has broken $ 200, which is a great signal. From the beginning of April until now, the market has strongly recovered, certainly the reason is halving is coming and people are paying attention to this market. And I believe that in the days to come ETH and the whole market will continue to go up, the next target will be $ 250 or $ 300.

This can't be a trap, price didn't pump yet. To make a trap bullrun must be need. This is very sustainable development of price, by the checking history of last all year Halving time. Lucky day Ethereum price also make 9 percent bullrun today. Even after this month this surge definitely would be a sustainable up.

you got a point there because when people didnt see a bull run people will not be tempted to hop in but if the coin already reach a bull run why call it a trap  ? for me a trap means the value is rising contious but not too much because too much increase of the price is already a bull run anymore  .  anyway the increase in eth happening lately is superb  and i think its been along time ever since i saw eth increase that way   . for a coin like eth , i dont think this will lead to trap since eth is a kinda bit stable

at this time the ethereum is better. the price exceeds the price of $ 220 and is likely to rise again. although currently, the increase is quite slow compared to bitcoin, it's just that I feel that this increase is extraordinary. when the price of bitcoin reaches the price of $ 10k, the possibility of ethereum can reach a price of $ 250, or even higher. that's still my speculation, but I expect a higher price than that.

Strange crypto market stats in past 24 hours,,, yesterday I saw XRP 12% gain, then ETH moved to 10%, and now BTC of all coins did 18% when it made daily high today,,, time for crazy moves or is this the end of the road for this spike?

212 dollars is not really enough, it should be a lot more by now because it is really undervalued. Think about the market for a second, everything recovers and ethereum recovers at their pace as well and nothing more. Ethereum is not like the others, it has utilization thanks to dapps so it is used constantly, it is getting that big increase from the 2.0 and its testnet already started as well and looking good, and on top of that we have bitcoin halving in 12 days as well, also it is the second ranked coin right now.

All of that combined means ethereum should have been a lot higher right now, even if not ATH prices it should have been over 300 easily, maybe close to 400. I have been purchasing more ethereum recently and I am going to probably purchase even more now.