Whoa, Ethereum breaks the $200 barrier

[Nolimitz84]

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

All the prerequisites for the beginning of a bullish trend really exist.I think it will not come to a rollback.

[bitcoinst]

The news is certainly pleasant, only there is no merit of Ethereum. Judging by the charts, all coins rose in price after Bitcoin.
Therefore, the fact that Ethereum overcame the psychological mark of $ 200 by and large does not mean anything and does not affect anything.
If Bitcoin falls in price, Ethereum will seamlessly roll back for just at a slightly ticked mark.

[tvplus006]

The news is certainly pleasant, only there is no merit of Ethereum. Judging by the charts, all coins rose in price after Bitcoin.
Therefore, the fact that Ethereum overcame the psychological mark of $ 200 by and large does not mean anything and does not affect anything.
If Bitcoin falls in price, Ethereum will seamlessly roll back for just at a slightly ticked mark.

I also understand this growth of Ethereum in The same way. Now you can say this about any coin that has started to grow in price. But the truth is that without bitcoin, there will be no bullish market growth. Therefore, to analyze the situation on the cryptocurrency market, it is enough to observe only bitcoin.

[ohyeahhaha122]

The recent price increase is huge, when many coins simultaneously increase and there is no sign of decline, partly influenced by the world situation as there  have an epidemic, I think the time has come for the up trend. We should buy more and wait for the price to increase

[CuriousGeorge]

The recent price increase is huge, when many coins simultaneously increase and there is no sign of decline, partly influenced by the world situation as there  have an epidemic, I think the time has come for the up trend. We should buy more and wait for the price to increase

The $200 rate has already broken by ethereum and we are about to get the next pit stop. This has nothing to do with the world situation but that does a small impact on the bitcoin. It looks like that OP needs to update the rate into the next rate that must be broken by ethereum.

[isaac_clarke22]

It seems like a signal to each cryptos that has been like almost following Bitcoin.
Bitcoin even broke the 9k barrier and it should get past 10k without any doubt anytime soon, unless the bulls get exhausted which is pretty much one of the things people should be wary of when they're too hyped of the price hike of coins.

[themistocleess]

Well according to the circumstances it seems that the prediction regarding 2020 is starting and crypto market move toward its growth phase again, i hope this trend goes up and the market will reach to that point it was in 2018.

[justdimin]

We have been waiting for ethereum to do something like this for a long time, it has been a fight between staying under 200 and going above it for a while now and finally we won. Ethereum is actually one of the most liked coins to miners who are not doing ASIC bitcoin mining.

In my nation alone there is around 40k machines working that I just know of, that is 40 THOUSAND graphic cards that people use to mine ethereum, that results with some sort of interest towards ethereum in the end of course, without that people wouldn't be able to know what ethereum is probably but miners love it so much that it gets a lot of attention, attention which it turns into price hype which in return shows how it could just keep the miners from selling for a while to increase the price.

[Farma]

it looks like it's time for ethereum to show its fangs again. however, I think this is the beginning, I think the realistic price for ethereum is currently $ 700. if ethereum reaches that price, I think, ethereum's glory will look like 2017 again. however, that was the beginning of taking a new ATH. so far the price of ethereum has even exceeded $ 210.

source : Coinmarketcap

[gensol]

I'm happy to see this day, I hope it holds this level and go up more to prove this is a new alt season. If this zone does not hold its drastic to see another low zone.

[Crypto5060]

Ethereum is most likely to hit 100% from it's price earlier this year if the current trend continues. It's really a great time for crypto with Bitcoins halving soon to happen, maybe we are in the bull season already.

[Baofeng]

The news is certainly pleasant, only there is no merit of Ethereum. Judging by the charts, all coins rose in price after Bitcoin.
Therefore, the fact that Ethereum overcame the psychological mark of $ 200 by and large does not mean anything and does not affect anything.
If Bitcoin falls in price, Ethereum will seamlessly roll back for just at a slightly ticked mark.

I also understand this growth of Ethereum in The same way. Now you can say this about any coin that has started to grow in price. But the truth is that without bitcoin, there will be no bullish market growth. Therefore, to analyze the situation on the cryptocurrency market, it is enough to observe only bitcoin.

Of course, everyone knows that, all altcoins really depend on the price of BTC because obviously all trading pairs are BTC/<ALTCOIN>. The only time I remember that ETH is making is own stand is early 2018, January-February, when bitcoin has started it's dump, Ethereum and the rest of the top altcoin are gttting into their own all-time-high. But breaking $200 is a big hurdle for ETH today, at least investors are sort of getting their confidence back again. 

[#Darren]

Finally, while ZEC is making x3 within several weeks, ETH adds 60 bucks to its price. However, I believe that ETH is a far better coin, even BTC has made x3 already, but ETH is still struggling to make x2, which makes me angry.

[DarkDays]

Glad to see my ETH stash is now doing well.

Too bad I bought in at closer to $400  

That said, I think Ethereum could return to around $1,000 if Bitcoin manages to reach $20k again. Because it doesn't have a block reward schedule, there are no specific milestones to look out for in terms of price action, so it's likely just going to follow Bitcoin's lead for a while.

Likewise, its relatively low market cap makes it suitable for significant capital influx, which could make it gain much faster than Bitcoin in these next few months.

Exciting times indeed!

[nicster551]

Looks like it will be the start of the long awaited bull run, I think we already waited long enough. We deserve a bull run after all this 3 years of bear market. But still I'm not filling my bags with ethereum as I am still waiting for a pullback. Ethereum as going strong as the time goes by, now they are leading on the DeFi trend that will boom this year.

[ashraf100786]

i think This year will be great for crypto currency. Ether price can be very good. this month ethereum price $250 to $300 about and this year you can touch $800

[michellee]

i think This year will be great for crypto currency. Ether price can be very good. this month ethereum price $250 to $300 about and this year you can touch $800

I hope so. Ethereum can rise to more than $200. We can expect that ethereum can reach a higher price, but we need to wait for ethereum to increase $250 first before reaching $300. I am sure many of us already sell ethereum at a price now because they can buy ethereum at a lower price so far, they are waiting for another low price. But if you still hold the ethereum, you can wait for a while until the price can hit the price you want to sell.

[princehandsome]

glad to see Ethereum has reached more than $ 200 and so far that's it's the price it been pretty good. ETH is Bull Run's top coin in this year and we can see now that it has happened on Ethereum. I think it's not hard for ETH to reach $ 300 if the market conditions continue to hold go green. this is good news for Ethereum holders.

[Vishnu.Reang]

There is no doubt that $200 is a big achievement for Ethereum. But we need to remember that the ATH was somewhere around $1,500 per coin and the current rates are just a fraction of what we had back in 2018. Ethereum had its bubble and it burst during the Dec 2018-Jan 2019 period. Now I don't think that we'll ever witness those levels again.

[lunobird]

There is no doubt that $200 is a big achievement for Ethereum. But we need to remember that the ATH was somewhere around $1,500 per coin and the current rates are just a fraction of what we had back in 2018. Ethereum had its bubble and it burst during the Dec 2018-Jan 2019 period. Now I don't think that we'll ever witness those levels again.

why not?  btc hit 20k with way crappier tech in comparison to etherium.

Don't underestimate the altcoin markets. You'll end up selling way too early like most crypto newbs of 2017.