ETH hits $160, after a +11% gainer in the last 24 hours

[killerfrost]

This is a great signal for this market, Bitcoin and ETH are growing strongly today and I hope it can keep going up this month. If the end of April bitcoin goes up to $ 10,000 then I think we have returned to the bull run

[Japinat]

This is a great signal for this market, Bitcoin and ETH are growing strongly today and I hope it can keep going up this month. If the end of April bitcoin goes up to $ 10,000 then I think we have returned to the bull run

That's a big achievement, $10,000 is always a good price and will surely make this market more hype.
Right now, the stock market are sleeping due to the economic crisis, imagine what the investors would do if they will see that the crypto market is bullish.

It's unexpected but it could happen, maybe this is the best time to show to the world that our economy might struggle but crypto can grow under any situation, we should see this pump continue, slowly but we are getting there.

[bitcoin31]

I don't think it is trap ever since we know the movement of the ethereum is really good but not all the time.
I really like what I saw today because as ethereum investord and holder we can have chance to pump again this coin .

Ethereum is popular and very promising coin so it's not surprised to me today becaude the price is pumping it's natural to that coin to up but I hope we take csre this because we allow again panic seller another dump for sure.

[Viscore]

I don't think it is trap ever since we know the movement of the ethereum is really good but not all the time.
I really like what I saw today because as ethereum investord and holder we can have chance to pump again this coin .

Investors will hold, while investors or maybe what you mean are day traders or short term investors, they'll take profit when necessary.
What will make this price rise more is when the whole market is bullish, ETH already loses its power when ICO popularity was over, and its upgrade was not release yet so nothing is special at the moment.

[Arkann]

I believe that Ethereum really has a lot of advantages over other cryptocurrencies.  Of course, the Ethereum platform provides unlimited opportunities for creating smart contracts, in which Ethereum plays the role of fuel.  But even despite this, Ethereum has a number of other functions that can be used as bitcoin or lightcoin, where Ethereum can be used to transfer money, use it as a means of payment, and Ethereum can be used as an asset for investment or for storing your  financial resources.  Of course, the main problem for Ethereum today is scalability, but according to Vitalik Buterin after the introduction of sharding, this problem will be solved.  Of course, Ethereum has great prospects and its value and popularity will grow due to the demand for Ethereum in the cryptocurrency market.  But what today prevents Ethereum from developing and growing in price is, first of all, a general negative trend in the cryptocurrency market.

[Yamifoud]

Not quite unusual for me knowing the capability of Ethereum to change like that and still a lot of people are giving their all put support. Ethereum is always in the tail of Bitcoin and no wonder why it moves high as Bitcoin did it first. If we bought ETH last month, we are probably gaining but I don't think that many people did this because we are now at the crisis which is our first priority than investing. The momentum will continue if Bitcoin won't fall back as the halving comes closer. $200 is not impossible...

[Stedsm]

Whether sustainable or not, but you can't deny the fact that % wise, this thing has shown an almost 100% increase from its touched low this year which is highly commendable. I think Eth 2.0, being in the discussion all the time, could be the reason why this beast woke up and blasted off? What's your thinking on it? It's a great opportunity for everyone to go long at 2-5x max on Eth because it can give you huge returns compared to other alts.

[Questat]

Whether sustainable or not, but you can't deny the fact that % wise, this thing has shown an almost 100% increase from its touched low this year which is highly commendable. I think Eth 2.0, being in the discussion all the time, could be the reason why this beast woke up and blasted off? What's your thinking on it? It's a great opportunity for everyone to go long at 2-5x max on Eth because it can give you huge returns compared to other alts.

It's expected that 2.0 will be release this year, well, maybe people are speculating now, bitcoin for halving while ETH for eth 2.0... those are great, but then I didn't see ETH rise alone, it only rise when bitcoin rises, so it's really hard to tell if it can sustain without bitcoin rising.

[shoreno]

Whether sustainable or not, but you can't deny the fact that % wise, this thing has shown an almost 100% increase from its touched low this year which is highly commendable. I think Eth 2.0, being in the discussion all the time, could be the reason why this beast woke up and blasted off? What's your thinking on it? It's a great opportunity for everyone to go long at 2-5x max on Eth because it can give you huge returns compared to other alts.

It's expected that 2.0 will be release this year, well, maybe people are speculating now, bitcoin for halving while ETH for eth 2.0... those are great, but then I didn't see ETH rise alone, it only rise when bitcoin rises, so it's really hard to tell if it can sustain without bitcoin rising.

means that it isnt really sustainable because btc isnt also sustainable due to its high volatile trait   .

infact btc just drop again from last day up until now so i wont be surprised if eth and other coins goes down again    . still eth pumped was nice tho  .  many people are amazed to see that happen knowing that there are still crisis and cryptos are greatly affected   . we shouldnt be worried at all when eth declined again because there are still big event for eth and can trigger a huge pump again soon as well as btc too because of halving 

[Farma]

I don't think it is trap ever since we know the movement of the ethereum is really good but not all the time.
I really like what I saw today because as ethereum investord and holder we can have chance to pump again this coin .

Ethereum is popular and very promising coin so it's not surprised to me today becaude the price is pumping it's natural to that coin to up but I hope we take csre this because we allow again panic seller another dump for sure.

a trap or not, in fact, the price of ethereum goes up, and anyone who has ethereum can take advantage of this moment. other than that, I'm quite optimistic about the recent price increases. it looks like the price stops at a range of $ 165 and $ 175, however, there will be further developments when the price of bitcoin rises again.

[litepool.ru]

I don't think this is a bull trap, the price of ETH and Bitcoin are growing slowly. And that is the recovery of this market, hopefully from now until the halving of bitcoin begins we can see ETH go up above $ 200 and bitcoin can reach $ 8000-9000 again. That would definitely be a great start

[btc78]

and Now sits at 168$ https://coinmarketcap.com/currencies/ethereum/ seems like this is the start?of something great again.
for week now we are sitting at 135-140$ thats why its great to see this prices.

Bitcoin at $7,200 is not that low before halving.
if you haven't invested yet then better make it now or be late for the run,the Virus is slowly being managed to prevent from spreading so its only a week or month and this will be ended .

[STT]

Is this sustainable or a trap?

The alt coins always have the standing advantage of possibly out performing Bitcoin.   So its real to that extent but also ETH is good for a swing trade and many will buy and be forced to sell at some point so a pull back is also natural occurrence.    The easiest way to spot where a price can settle is prior sideways action on the graph, the reason being the longer a price stays in the area of a price the greater the volume and participants are involved in that price making it far harder to pass especially on lower volume.   If the trend for ETH overall is good then the selling though it will certainly occur at some point, it will be less volume then the prior buy orders in accumulation.  
   We're all part of a larger system of monetary expansion and contraction that runs in line all the way to mainstream events and policy, at present we're in recovery from that surprise event and deflation adjustment to prices.

[minairia3]

I don't think this is a bull trap, the price of ETH and Bitcoin are growing slowly. And that is the recovery of this market, hopefully from now until the halving of bitcoin begins we can see ETH go up above $ 200 and bitcoin can reach $ 8000-9000 again. That would definitely be a great start

Dont ger your hopes too high. Market is really unstable and in situation like this. We cant be sure if we are tracking a good movement. Some say this is just a manipulation but in the span of weeks trading, it goes slowly from 6000 to 7000 without any hard pulled back like the one day down of it from 10,000 to 3,800 levels. I am feeling positive but I am not expecting it to rush to its course. Its better than sudden traction then suddenly will go down fast too.

[mahilchii]

ETH is once again proving it's capability and slowly gaining the publicity. It's ready to rally again towards $180 and itseems It will go ahead, this momentum will extend significantly further.

As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way

[Natalim]

ETH is once again proving it's capability and slowly gaining the publicity. It's ready to rally again towards $180 and itseems It will go ahead, this momentum will extend significantly further.

As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way

I can't be happy with that price as that is still very low compared to its ATH.
ETH IIRC never reach $400 when it was dump below its ATH, so if ever ETH will at least reach $500, then I guess we should hype this again.

I don't want to expect more, but ETH pumping is impossible without bitcoin.

[matchi2011]

ETH is once again proving it's capability and slowly gaining the publicity. It's ready to rally again towards $180 and itseems It will go ahead, this momentum will extend significantly further.

As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way

I can't be happy with that price as that is still very low compared to its ATH.
ETH IIRC never reach $400 when it was dump below its ATH, so if ever ETH will at least reach $500, then I guess we should hype this again.

I don't want to expect more, but ETH pumping is impossible without bitcoin.

ETH pumped relied with bitcoin from how things happened before, the current run gives some good sign though it's far from the last time high and
with this current situation from most economy of the world, the hype still not happening it's needs to have lots of money to invest inside in order
to bring another big run.
Currently it's still rising even in the small way, still a good sign.

[maydna]

I don't think this is a bull trap, the price of ETH and Bitcoin are growing slowly. And that is the recovery of this market, hopefully from now until the halving of bitcoin begins we can see ETH go up above $ 200 and bitcoin can reach $ 8000-9000 again. That would definitely be a great start

We don't know if that is a bull trap or not because of ethereum and bitcoin growing, and we see that ethereum and bitcoin already down in this month and it happens many times. But I am sure that the recovery is still on the process and we are waiting for that time, so you need to make sure you are ready for the bull run. Ethereum will pass above $200 and bitcoin will do the same thing, and bitcoin will make another ATH soon. We should prepare for the next week because we don't know what will happen with bitcoin and ethereum.

[nelson4lov]

Nearly 10% growth all over the market in the past 24 hours which is really great at pandemic situation like this and will help more people to realize why they should move towards decentralized assets to survive at any market conditions.

I thought we already established the fact that digital assets are not safe haven investments? While I'm impressed with Ethereum's growth this past week (went from $130 to $171), we shouldn't forget in a hurry that the price took a nose-dive in February. With the pandemic crisis still yet to be resolved, it's best to apply caution. There's no telling what direction the market is heading to next.

[alex-nn]

Must see price correction soon because it was unhelthy fast growth without any reasons. Beta ETH 2.0 is not a reason because it's too far from mannet.