Whoa, Ethereum breaks the $200 barrier

[Baofeng]

I was surprised to see that today, ETH broke $200 price barrier, and a lot of altcoins in the top 10 are also making a good run, is this the bullish signal that we all have been waiting for the altcoin market?



Source: Binance

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[batang_bitcoin]

Let's hope that it is the signal. 
It's still a long way for me to sell my ethereum but I'm loving what's happening to it and the rest of the altcoins market. It's encouraging to keep holding right now and if possible add ETH and bitcoin as usual. But you know what, we see a drop coming during a weekend just like the normal pattern and cycle of this market.

[Rengga Jati]

..ETH broke $200 price barrier...

It was very interesting to see the progress of ETH price currently. And now, it hits $204.59.

..is this the bullish signal that we all have been waiting for the altcoin market?

I'm a little worried about this. There are times when most people think of this as a bullish signal and then fall asleep and become panic sell/buy. FOr, IMHO, the price of ETh will be probably still changing up and down like usual. However, if it is a true bullish signal, it is good.

However, I wonder what issues make ETH and some other coins raise very well currently? I see most of the coins are in green and increase in a rather high percentage.

[samcrypto]

I’m also happy to see ETH on that level again and it looks like the up trend will continue, and I hope that ETH will be more stable on this level. Next target is $300 so let’s keep the heat on ETH and other crypto like btc. The bull is hear, I can feel it now so hodlers don’t sold yet and don’t let these great coins to dump hard again, pump it up!

[leowonderful]

I could see the breaking of $200 being a catalyst for a greater movement considering it's mainly a major psychological barrier being a nice round number in the hundreds, but it's never a great idea to rush into the conclusion that a bull or bear trend's beginning as the crypto markets love to fake people out, though momentum-based indicators like MACD are showing a potentially strong bullish trend developing. I'll have to keep an eye on it, but I'm not too biased towards either side at the moment.

[terizla]

This is the light of crypto. I think this is the effect before btc halving this year.
I hope Ethereum can reach $1000 before the btc halving happen. And maybe can touch $1500 this year.

[pixie85]

ETH suffered when the ICO bubble started to deflate and IMO BTC halving is helping it recover.

It's very probable that if BTC goes to new highs ETH will follow despite no ICOs this time.

It's still to early to say that the altcoin season has started but it's back to what we could call normal.

[Hippocrypto]

ETH suffered when the ICO bubble started to deflate and IMO BTC halving is helping it recover.

It's very probable that if BTC goes to new highs ETH will follow despite no ICOs this time.

It's still to early to say that the altcoin season has started but it's back to what we could call normal.

Maybe it's our time to pick those what we think promising, buying those sleeping coins is suitable but we need to be more observant instead of randomly choosing those you don't really familiar with.
The normal behavior of altcoins when it's going to develop and gain a commendable price, so if eth will follow bitcoin's pathway to success then it must be a great results of our hardwork.
All the patience, efforts and determination is worth rewarding.

[Saisher]

I was surprised to see that today, ETH broke $200 price barrier, and a lot of altcoins in the top 10 are also making a good run, is this the bullish signal that we all have been waiting for the altcoin market?



Source: Binance

Finally, it's just the start of there great things that's going to happen to Ethereum, so many people in the past that's creating FUDS on Ethereum, it just prove them wrong nobody should undermine Ethereum, they are not in the second place for no reason at all, there are a lot of developments on going now in Ethereum.

[lunobird]

I remember we were all crying when eth fell from $1400 to $500 in 2018.. Now we are all excited about $200. Pffffttttt.

[shinratensei_]

I remember we were all crying when eth fell from $1400 to $500 in 2018.. Now we are all excited about $200. Pffffttttt.

Lol and they are still crying right now and how can you say if we become exciting right now? especially for those who have already bought ethereum at a very expensive price.
They are still getting a big loss and it's still more than 50% if you are taking $500 as the bottom value.

Im thinking if this bullish trend will still continue as bitcoin is not yet facing the halving time and just try to expect if that will be getting another bullish trend. We are still in the early month of February and we have 2 months to make bitcoin worth 15k again. This is a very exciting event.

OP, it may break another barrier and it must be around $10

[Kemarit]

I would agree that it's good to see the price breaking that big mental barrier of $200, but we have to look at how it went to that price? It is FOMO? If it is then I expect that it won't last that long though. Bitcoin also makes a run in the last 24 hours and probably have the "domino" effect to other altcoins as well.

If someone can post their TA here, but for me this kind of sudden rise, is somewhat a confusing signal. So we really have to wait and see if breaking that big barrier is sustainable at least at the end of this week. Otherwise, another dose of false hope for Ethereum bagholders.

[$crypto$]

It looks like bullish has arrived and Ethereum has been able to redeem the price of $ 200 and soon too bitcoin will soon reach $ 10k this is really a recovery market and back to green.
Other Altcoins are also the same as BCH, BSV seems to have started to move upward, it has been pointed out that market trends are happening right now.
Let's do this trade well.

[akopjpuge]

It's still so far for my goal $1400 or it's all time high. And also there's some news like ethereum will be using a burn mechanism for its transactions. And there's ethereum 2.0 too. I'd like to hodl more of my ethereum for now

[mandor]

I was surprised to see that today, ETH broke $200 price barrier, and a lot of altcoins in the top 10 are also making a good run, is this the bullish signal that we all have been waiting for the altcoin market?



Source: Binance

not only Ethereum has managed to rise but other coins have also reached amazing prices. I think the bullish on the Altcoin market have is started at the beginning of February yesterday and this is what many people are waiting for in Crypto right now. ETH is my favorite coin and I am glad to see that the price is more than $ 200 at to date.

[Byakuga]

After many criticism from Ethereum investors about how sluggish ETH has become compare to coin like BCH I'm glad that Ethereum finally grows over 200$ per one, I know BCH is performing better but it doesn't mean Ethereum can't do better in future

[bgaf]

Finally this is what we called faith and destiny. Ethereum reached  $200 level today and that is a very good indication that they already progressing in terms of market valuation. Yeah many will say this is just a trap to lure some investors to jump in but IMO it will be a good break for eth as the market cap seems to be moving fast. Same case with all its contender such as xrp and bch. These top four coins are moving very fast and likely to surge more in the coming days.

[OasisDre]

Finally this is what we called faith and destiny. Ethereum reached  $200 level today and that is a very good indication that they already progressing in terms of market valuation. Yeah many will say this is just a trap to lure some investors to jump in but IMO it will be a good break for eth as the market cap seems to be moving fast. Same case with all its contender such as xrp and bch. These top four coins are moving very fast and likely to surge more in the coming days.

I hope so, just as you predicted, in coming days I think I going to reinvest in these top four altcoins, BCH, XRP, ETH and Stratis, it seems the market is finally ready for a whole new bullrun through out the following months

[Furious 7]

ETH continues to move this is a good progress and I think the demand for ETH is increasing so that prices go up following the trend.
I am happy because I have been profitable a few percent of holding ETH before but I am sure ETH will continue to high levels in the next few weeks if market conditions continue to be like this.
And now ETH moves faster and early.

[Google+]

ETH continues to move this is a good progress and I think the demand for ETH is increasing so that prices go up following the trend.
I am happy because I have been profitable a few percent of holding ETH before but I am sure ETH will continue to high levels in the next few weeks if market conditions continue to be like this.
And now ETH moves faster and early.

if you still have a large amount of ethereum then that is a very good deposit because when halving occurs many cryptocurrency will increase prices so I hope you can take advantage of this moment to be able to store ethereum in large quantities and you can sell it when the price has become expensive soon.