Ethereum: The second boom? Now approaching $800 with 10% 24 hour gains

[valerie_zurich]

Ethereum markets are met with a lot of buy pressure from traders today. ETH is experiencing gains greater than 10% over the last 24 hours with prices now approaching $800.

https://cryptocoincharts.info/coins/show/eth

[truimpheriues]

not long time ETH price can incraese to 1000 dollar again
if bitcoin price incraese to 20k dollar, i think ETH price can follow incraese to 2k dollar

[boss1dg]

Reddit Co-Founder: By the End of the Year ‘Ethereum Will Be at $15,000’
https://www.newsbtc.com/2018/05/02/reddit-co-founder-by-the-end-of-the-year-ethereum-will-be-at-15000/

after above news many people FOMOed in ethereum , i did not expect ether will go up in such a short period , it recovered at the same pace of its downfall .

[boss1dg]

not long time ETH price can incraese to 1000 dollar again
if bitcoin price incraese to 20k dollar, i think ETH price can follow incraese to 2k dollar

if Bitcoin get stable at 20K dollar then i am pretty sure Ether would cross 3k dollar mark , bcoz speed of price rise of ether is higher than BTC ..
in terms of btc ether price will be 0.12 btc approx which wass its peak price in last bull run .

[KennyR]

Reddit Co-Founder: By the End of the Year ‘Ethereum Will Be at $15,000’
https://www.newsbtc.com/2018/05/02/reddit-co-founder-by-the-end-of-the-year-ethereum-will-be-at-15000/

after above news many people FOMOed in ethereum , i did not expect ether will go up in such a short period , it recovered at the same pace of its downfall .

The market is completely unpredictable, anything could happen. In the past while bitcoin was around $2000 people were predicting it won't reach $5000, but things happened making everyone get astonished. Same is with ethereum as well, we cannot say anything precisely. I believe it could reach $15000, because more ico's on the same platform adds strength for a stabilized growth.

[coinluisa]

Wow! It means that the market is normal now and I will buy more. If Eth is going $800 and bitcoin is $9000 now there's possible that eth will hit $2000 maybe the end of the year. Hopefully it will be continue increase.

[Victorycoin]

Ethereum markets are met with a lot of buy pressure from traders today. ETH is experiencing gains greater than 10% over the last 24 hours with prices now approaching $800.

It has been long time coming and one only needs to picture the huge potentials all those smart contracts brings the way of ETH, to know that it was just a matter of time. For those who could not see beyond the sell offs, because of acute FUD, you just have to think again. Take heart and use you brain the most, next time!

[velive08]

the good news for a movement of our ethereum must be waiting for that moment for a long time, because it makes the ethereum coin holders profitable. I am always optimistic if ethereum has a good future and now it is proven if the price of ethereum has significant movement.

[minthit]

News are coming out there. Vitalik talked about Sharding. Reddit predicting the price of ETH to be 15k at the end of the year and re-accepting crypto payment including ETH. That's probably the trigger and hope that it's not a FOMO.

[yangtinglei]

The rise of ETH is what we all want to see, because I am increasing my holdings. I firmly believe that $1000 is not a dream.

[InvestMen]

My friend always believed that Ethereum  will start to grow in price and thanks to him I did not sell my coins when the market fell at the beginning of the year and I thought it was the end. His forecast for the end of May $ 1222 for me is good news.

[adroitful_one]

The market is starting to recover. One of the coins I hold is up 30% just today. Over 100% in the last 24 hours. Ethereum can easilly reach over $1,000 by summer time. If not even more than that. Bitcoin will probably be stable at around $20k again. Just my honest opinion though.

[m.vina]

Thank you for your very informative charts. Seems like cryptocoincharts would be a good source for such things.

Going back to the topic, i agree that we may be seeing the second boom of Ethereum very soon. Ethereum has been oversold for far too long and it should now correct its way up to $1500++. I speculate it should reach $1500 within 1 or 2 months.

[Dragonrage201]

The entire crypto market is going up day after day and this is still the early stage of upmove that will heat up over summer. Ethereum will go to new highs sometime later this year.

[crypto_gaint_stark]

Absolutely and I think it might hit up to $1000, ETH is around $700+ right now and prices at the market are about to stabilize and the market is green again and there are projects in the market as well. One of the recent projects which I think will never let you down is blockgrain.io. They’re aiming to automate the supply chain with Grain and later on Fruit/Vegetables/Wool. It’s an Australian ICO.
Australia is amongst the largest exporters of food, and there is absolutely no competition. Their sale has recently started.

[sebungkus]

not long time ETH price can incraese to 1000 dollar again
if bitcoin price incraese to 20k dollar, i think ETH price can follow incraese to 2k dollar

I like your opinion, let's hope bitcoin back to $ 20k. if that happens then I am very sure ethereum price will also rise at least more than $ 1k. if it reaches $ 2k per ethereum it is better. but difficult to happen in the near future. unless there is a significant price increase against bitcoin in this week.

[jacafbiz]

Can anyone give a good explanation of what is drving this current price, I have seen some news in the space but I don't think they are strong enough to trigger another bull drive of Ethereum price, the rate at which this is going Ethereum is out performing BTC in terms of ROI.

[Yuuto]

Yes, prices have jumped. And also saw a lot of bullish articles today about ETH, which I don't think is deserved.

I personally do not feel like that this is going to be the second boom of ETH. There simply hasn't been enough bullish momentum in the entire market for ETH to have the same sort of rally that it had last year.

It's just natural volatility, and a result of positive media coverage, especially from Reddit's cofounder. 10% per day is great, but isn't unseen and definitely doesn't mean that we're in another ETH bull market. Prices can correct just as fast.

[breathlessz]

not long time ETH price can incraese to 1000 dollar again
if bitcoin price incraese to 20k dollar, i think ETH price can follow incraese to 2k dollar

I like your opinion, let's hope bitcoin back to $ 20k. if that happens then I am very sure ethereum price will also rise at least more than $ 1k. if it reaches $ 2k per ethereum it is better. but difficult to happen in the near future. unless there is a significant price increase against bitcoin in this week.

i think it will happen, but we do not know when it will happen. with number of buyers ethereum significantly it will be seen clearly eth price increase, for that let's spread the positive news about eth

[67semih]

I think Ethereum has a long way to go for long term. It has a working platform and growing community. in a few years later Ethereum can be the biggest thing in the market.