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.
Topic: Ethereum very volatile - page 7. (Read 945 times)
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. 
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.
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.
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.
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. 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.
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.
Here is a graph of Ethereum price movements from 1 January 2020 to 6 February 2020.
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.
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 $200 or is price correction due to happen?
I'm also expecting short-term pullback to happen right away. Because the time taken for reaching the current price levels is too quicker than it usually does. So, there are a lot of possibilities for some correction to happen before it will be getting ready for another big rally.
Yes, i am also very happy to see that ETH now cross 200$ 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..
I would take single large walls with a grain of salt most of the time. While some of these walls end up holding until they're eventually closed out through buying or selling, a lot of them are also pulled as soon as they begin being filled or when they're filled to some percentage or amount. Most walls like the one mentioned in the OP also occur only mainly on one exchange, too, though Binance is one of the larger exchanges with Ethereum pairs.
Very volatile but advantageous to those already holding Ethereum but volatility is not only on Ethereum it applies to all coins in the market.it's the market reaction to all the events and news coming that makes it volatile but so far all the top coins in the market are performing better than last year.
Is ETH ready to push through $200 or is price correction due to happen?
Thoughts?
The question was answered today. Ethereum pushed to $200 and price correction might occur suddenly base on the sell orders that we have. Happy to see it broke $200 barrier but don't be confident that there will be no slips on its way back to $300 and more.Thoughts?
I think the Ethereum price is currently experiencing a good price movement and it is likely that the Ethereum price will continue to $ 210- $ 230 this February.
It can be more than that, we still have 3 weeks and I think it will determine again what will be its position before bitcoin's halving. Did everyone already made their sell orders or keep holding? 
During the past 8 days Ethereum price went up by 22.5%, more so than usual.
Currently at $190 at the time of this post, and there is a huge SELL ORDER on Binance at $195.
IT already broke $195 mark yesterday but went no further.
Another factor is that it's been trading very heavily with Velocity reaching over 15%.
Is ETH ready to push through $200 or is price correction due to happen?
Thoughts?
I may aim $210 as the next pit stop for ethereum. When bitcoin worth almost 10k and the price of ethereum was around $700 in 2018.
With the next update that will be happening in the future and that will be pushing the price of ethereum.
During the past 8 days Ethereum price went up by 22.5%, more so than usual.
Currently at $190 at the time of this post, and there is a huge SELL ORDER on Binance at $195.
IT already broke $195 mark yesterday but went no further.
Another factor is that it's been trading very heavily with Velocity reaching over 15%.
Is ETH ready to push through $200 or is price correction due to happen?
Thoughts?
price correction will definitely happen, but after a price correction, the price of Ethereum will increase, therefore when the price correction occurs, it is the right time to buy Ethereum, because I believe Ethereum prices in 2020 will penetrate the price of $ 450.
The latest news, you can see for yourself that the price of Ethereum has now reached more than $ 200 or today precisely in the price range of $ 203 (+ 8.08%) in the last 24 hours. I think the Ethereum price is currently experiencing a good price movement and it is likely that the Ethereum price will continue to $ 210- $ 230 this February.
Not only did ETH broke $195 mark, it also broke $200 and is now on it's way to $210
If we consider Ethereum prices of the years and the fluctuations, we cannot call it very volatile as there has always been a $8-$10 up-down since Nov 2018 and it has been stuck between $180-$220 but the moment BTC drops, we'll again see $120 which is the actual price of ETH without any correction. Due to the bull market, it may reach $250 but again fall to $120.
Chart: http://prntscr.com/qxhml1
Chart: http://prntscr.com/qxhml1
Personally, I believe that Ethereum is now gaining momentum and in the near future Ethereum will be the most promising coin. And another very positive factor, Ethereum is becoming the most sought-after coin in the cryptocurrency market. And in the near future, Ethereum will break the point of $ 200.
I wonder if OP is new here in the crypto industry. High volatility had been the trademark of this industry, that is why many investors and traders are attracted to participate in the industry and ETH is not exempted from this kind of market fluctuation. If you look at the market, this is not the first time that ETH behaves this way. Probably someone is trying to push the price up then, later on, dump their huge stash whenever it hits the target price.
Aside from that, I think it is too early for ETH to rally since funds are going to the Bitcoin market for the upcoming halving event. So I guess this run is just a bull trap for ETH bulls.
If ETH hit the $200, I think it won't be a correction but rather a trap since traders might short their trades upon reaching that price.
Aside from that, I think it is too early for ETH to rally since funds are going to the Bitcoin market for the upcoming halving event. So I guess this run is just a bull trap for ETH bulls.
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Is ETH ready to push through $200 or is price correction due to happen?
If ETH hit the $200, I think it won't be a correction but rather a trap since traders might short their trades upon reaching that price.
I guess breaking the resistance is already a tiring effort and going further sometimes requires even more challenge since the ammunition is usually used against these resistance points and it gets a correction. The trouble here is the fact that ethereum is getting attention already as the second ranked coin which normally is very difficult considering people who want stability goes for bitcoin and people who want risk goes for further down the list, so getting bigger increases as the second ranked has always been a troublesome thing for years starting way back when litecoin was the second ranked one and still continues today.
All that aside, I feel like this is just the beginning of the road for ethereum, I see many many years of increases upon this price for sure as the crypto surge will continue upwards.
All that aside, I feel like this is just the beginning of the road for ethereum, I see many many years of increases upon this price for sure as the crypto surge will continue upwards.
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