Is $315 next target for Ethereum this week?

[sonewaneaman]

ETHUSD pair is struggling for the upside move since past few weeks. Today, the Ethereum is trading at $300.84 down 1.47% with the one week high and low of $310.32 and $277.03 respectively.

Here is the 06-12 November Technical Ethereum Prediction:

https://atozforex.com/news/06-12-november-technical-ethereum-prediction-ethusd-forecast/

[mummybtc]

I still think the price is still under pressure, recent events in Ethereum is bad and alot of projects using parity multisig are now under threat unless they find a quick solution to the frozen fund.

[bamboylee]

Surprisingly, ETH is at 310 according to coinmarketcap at this moment. Even after the parity issue, the price still moved up. This could be attributed maybe to the cancelling of segwit2x hardfork. Those who hold bitcoin for segwit2x is now cashing out and moving into low priced alt coins. But I do not know if this price will hold for long because of the current parity issue. It may drag the price down in the future.

[Hichi]

ETH just jumped more than 10% within only a day, which is quite awesome. Now that the Bitcoinfork is canceled, money will run into Alts and guess which coin is right below BTC.. it's ETHER. It's anyway by far more superior to BTC so I won't be surprised if I see it's value increase even further within the coming months. When institutional investors get into BTC and start exploring the crypto market, they will understand the possibilities that Ether is offering and they'll buy in no time. 2018 will be a crazy year in terms of price because we are expecting various upgrades from ether as well, private transactions as well as the implementation of PoS which if and when it happens, it will be huge!

[bigdude]

Congrats man, ETH is doing better than you expert now with 10% increased ETH at 330$.
Now it strong and maybe we will see ETH at 400$ on ending of this year!

[jk_14]

I still think the price is still under pressure, recent events in Ethereum is bad and alot of projects using parity multisig are now under threat unless they find a quick solution to the frozen fund.

The price isn't really under pressure because of Parity. Parity is irrelevant to Ethereum, since it's a third party service provider. Ethereum isn't rising because it already pumped quite a bit this year and because all the Ether that projects keep collecting has to get dumped somewhere.

[linkybit]

Ethereum already crossed $325 and most probably we'll see another pump in few days.

[trobin]

Eth has been waiting for a value increase for so long, segwit2x cancellation has perhaps freed up the funds to transfer in to eth and finally make that rise come true, expect $400 eth in the next few months to be a stable or cheap price!

[faimloup]

Eth has been waiting for a value increase for so long, segwit2x cancellation has perhaps freed up the funds to transfer in to eth and finally make that rise come true, expect $400 eth in the next few months to be a stable or cheap price!

Agreed, I'm in the process of hedging, and converting some alts/btc to ether to ride the correction.

[pythonfan]

I am a little bit sceptical ETH prices can go much higher, not when ICO crackdown is pending.

[CryptoAlphaStar]

They have to fix their security and vulnerabilities. Parity is hacked for the second time and resolution is still unknown. I like ETH and expected a massive pump after the upgrade last month, but it didn't come. I don't see big news coming soon. And the other platforms start to run ICOs.

[Anonylz]

Now that they fixed some issues on their code i think that they are going to be able to reach a new price, not a new all time high because we are still so far away from that (more than $390) so it is impretty impossible.
But maybe we are going to see a $3200 by monday or thursday, i can really feel it.
I have some eth at the moment and i am going to hold it until i see a good opportunity to sell them, but they are so cheap right now, i am thinking about selling them when the price reaches more than $400 each.

[Dalmar]

Eth prices will find its normal value if all this parity multisignature news let it to "breath". 300$ is low for current features of eth blockchain and developers should do something to bring back old reputation and trust.

[sweerty1]

Next target for Ethereum is at least $380-400. But there are too many bad news. If they coulf fix all these bug and code problems they would already hit $500. Ethereum is really shame for crypto.

[kryptqnick]

I still think the price is still under pressure, recent events in Ethereum is bad and alot of projects using parity multisig are now under threat unless they find a quick solution to the frozen fund.

Exactly. First btc suffered a big, because the reward was reduced a lot for miners and at the prices below $400+ it became unprofitable to do mining. Then this huge amount of funds frozen accidentally a couple of days ago. I read that it is very likely that there are 2 possible solutions: hard fork or letting that eth burn. So far there haven't been news on what Vitalik is going to do, so the decision is yet to come.
Nevertheless, rising 10% up is still quite possible for ethereum, because such a small price change doesn't make much difference anyway. In fact, it's $325 on coinmarketcap already.

[Shattered]

Surprisingly, ETH is at 325 according to coinmarketcap at this moment. Even after the parity issue, the price still moved up. This could be attributed maybe to the cancelling of segwit2x hardfork. Those who hold bitcoin for segwit2x is now cashing out and moving into low priced alt coins. But I do not know if this price will hold for long because of the current parity issue. It may drag the price down in the future.

[949miner]

I bought 2 ethereums yesterday at $300 each one, and now it is upto $325 each, it means that i have done more than fifty easily bucks, omg, i am so happy right now.
I will keep holding them for some time, i have always trusted in ethereum and this is why i bought yesterday, but of course that those news about the parity hack were a little bit surprising, but yes, it seems that it is strong enough to keep going up.
This is amazing guys.

[tuiputui]

There´s even less supply now...

Someone accidentally burned 150 million $ of ethereum this week

https://www.cnbc.com/2017/11/08/accidental-bug-may-have-frozen-280-worth-of-ether-on-parity-wallet.html

http://www.bbc.com/news/technology-41928147  

[HODL to the moon]

I think Ethereum might reach 1000 Dollar in the near to mid-term future. It has a lot of potential with Vitalik working hard.

[Alns]

Etherum would be huge in a near future, but we still have to wait a bit, there is nothing that can make us sure that the price will be worth that money. Well, it is already on more than 320 dollars each one, and maybe this means that we are going through the right path, but it is nothing more than this.
We are still so far away from it's ath, and we are still 80 dollars below that rate, so we still have to wait a little bit more, but yes, ethereum is always going to be the number #2 and one of the most biggest altcoins that will ever exist.