Ethereum very volatile

[davinchi]

Being volatile must be a good sign of having more investors and traders. Last 2 weeks must be very good time for ethereum holders as the prices were rushing from $128 to $190+ Some technical analysis are predicting that ethereum is all set to test $360 in coming months its accumulation period is over.

Is ETH ready to push through $200 or is price correction due to happen?

I'm also expecting short-term pullback to happen right away. Because the time taken for reaching the current price levels is too quicker than it usually does. So, there are a lot of possibilities for some correction to happen before it will be getting ready for another big rally.

[1714803196]

1714803196

[Psalms23]

Its really good to invest in ETH even though it is volatile. If you go into day trading, this time's rapid increase can really bring profit, but in case it drops, you can always wait for it to rise up again without fear.

[ShowOff]

Ethereum price increases in the period January to February have occurred since the hardfork is finished. Precisely on January 2, Ethereum prices have begun to rise and until now the price has exceeded $200. Besides hardfork, I think Ethereum price increases are also greatly helped by the continued rise in the price of bitcoin and of course this is very important.

Here is a graph of Ethereum price movements from 1 January 2020 to 6 February 2020.

[TitanGEL]

Being volatile must be a good sign of having more investors and traders. Last 2 weeks must be very good time for ethereum holders as the prices were rushing from $128 to $190+ Some technical analysis are predicting that ethereum is all set to test $360 in coming months its accumulation period is over.

Is ETH ready to push through $200 or is price correction due to happen?

I'm also expecting short-term pullback to happen right away. Because the time taken for reaching the current price levels is too quicker than it usually does. So, there are a lot of possibilities for some correction to happen before it will be getting ready for another big rally.

If the market participants are high then it is only indicating that many traders that are willing to trade that kind of coin. There is a shallow pullback that happen and the price recover easily. There is also a major breakout that happen where it can be consider as healthy market. The price is currently going up again but the RSI of ETH is now in overbought area where the chances of deep pullback is very high.

[ironman44]

High risk gives the high return. ETH get the bullish trend and currently price is $208. This is the a very good sign for investors that ETH shot to the moon this week. I expect that in few days it will cross $230 as the price is increasing each minute. My opinion is to hold the ETH for few days because i think it will go up and can cross $230 in this week.

[Natalim]

There's enough reason why ETH is volatile, first is its trading volume, it has a high trading volume and therefore people love to play with it especially the day traders. Second reason I believe is that bitcoin now turning bullish, and when it's moving like this, altcoins are gonna be affected and that's what happen to ETH, and actually it wasn't just ETH alone, you can see most major coins are having some significant games, so if we like to take advantage on this, we can always do so as long as the timing is correct.

[samcrypto]

Its really good to invest in ETH even though it is volatile. If you go into day trading, this time's rapid increase can really bring profit, but in case it drops, you can always wait for it to rise up again without fear.

Yes, the volatile of ETH is fine to me as well because you can have the assurance that it will go up again because its a top altcoin and it always rise after fall. I’m glad to see ETH on $200 again and it goes beyond the expectation, the update will bring more pump for sure. We can always buy back any coin we want, with proper timing, execution and planning we don’t need to rush in the market, the volatility can be a good side for trader.

[isaac_clarke22]

It is actually 210 USD already.
It's volatile indeed. I've been hodling these for years already and for the mean time, I think I won't touch til it reach its soft ceiling yet. We're aren't in peak yet just like how Bitcoin peaked in 2017.

[cytpoway121]

Every coin is volatile, associating only etherum to volatility for me is not correct.

All tokens are volatile, they can go +90%  in the morning, then - 200% by night. As an investor, you need to choose a side that favors your portfolio

[Qcrypto]

Every coin is volatile, associating only etherum to volatility for me is not correct.

All tokens are volatile, they can go +90%  in the morning, then - 200% by night. As an investor, you need to choose a side that favors your portfolio

Technically it cannot go -200%.

-100% means it went to 0 or died.

[cytpoway121]

Every coin is volatile, associating only etherum to volatility for me is not correct.

All tokens are volatile, they can go +90%  in the morning, then - 200% by night. As an investor, you need to choose a side that favors your portfolio

Technically it cannot go -200%.

-100% means it went to 0 or died.

Lol
Spare my exaggeration. But i also think tokens dont die after a massive dump.

It fights back with 1gwei or 2gwei eth orders.
Then there will be no buy orders at all, before that is followed with delistment

[ATSgrowth]

Crypto market is growing because finally it seems that Bitcoin could continue with its growth. After we reach 10 000 USD, we can think about next targets that are previous high 13000USD and then finally 20000USD.

[#Darren]

I am still waiting for a much bigger rise for Ethereum. This is fundamental coin that is a really great alternative of BTC, but all good altcoins have already outperformed Ethereum during the past several months.

[omone1]

Ethereum is currently firing, I expected it to be better than this though as compared to BCH and BSV', I expect more growth I have some funds there, thinking of buying some altcoin with it and make more profit at the long run.

[bgaf]

Crypto market is growing because finally it seems that Bitcoin could continue with its growth. After we reach 10 000 USD, we can think about next targets that are previous high 13000USD and then finally 20000USD.

Are you sure? Bitcoin hype due to halving ia what I see here fundamentally. Yes this could be the reason of continue pumping of btc but we arent there yet meaning we dont experience yet this change. So the growth we are seeing is the hype comes with that news, and that is natural as investors and whales love to make a hype for some people and trader to be hook then suddenly will crash the market when the profits are already in their asset.

Just be mindful always, people lose their money on riding with this freaks. If I were you, Im gonna look on charts rather waiting for the price of btc hit or surpass its previous ATH. Plus eth investors are getting ready for the POS blockchain and staking rewards that's why many have buying eth now while still considerable to buy with its current value.

[mace15]

 

Ethereum is currently firing, I expected it to be better than this though as compared to BCH and BSV', I expect more growth I have some funds there, thinking of buying some altcoin with it and make more profit at the long run.

Ethereum is having a good movement in the market and good to see the current price is slowly increasing. I believe it's growth this year hopefully, so it's volatility is most expected by others and more awaits this to happen in ethereum. So I expect on ethereum to increase its price this year.

[cryptoangel]

Yes, i am also very happy to see that ETH now cross 200$ and hope it will create a good record as there is no bad news in market. But problem is when ETH go down it does very rapidly and here investors fall in crash. So let's see whats going in next..

In current status of Ethereum is $ 218 so everyone happily enjoy the ETH growth. But all the peoples are know the crypto volatility because stable coins only stay in a same region and other will move to pump and dump at anytime. I hope further days Ethereum will going to moon and Investors are expecting profit only so once it will dump on future automatically again peoples to move to stable platform.

[Reid]

Volatile going up only.
I don't see much profit in trading Ethereum though.

This will absolutely happen as I see it.
Bringing it back to a lower price says it all. We will see more buyers to come as long as it is cheap and the number 2 of all the crypto currencies that must be trusted.

I already stopped buying it. Stacked a lot at $130. Yey!

[Horionion]

Ethereum is a good coin but very difficult to predict its movement and that explain the volatility. Now is over 200$ , we can only hope that we do not experience a draw back.

[Natalim]

Ethereum is a good coin but very difficult to predict its movement and that explain the volatility.

Every coin is volatile, the only non volatile are the stable coins which is not also an investment coin.

Now is over 200$ , we can only hope that we do not experience a draw back.

That's a good price but thanks to bitcoin for pumping now close to $10,000, expect more rise from ETH as bitcoin continues to stay bullish.