There is a lot of positive momentum in the crypto market right now though it remains to be seen how long the momentum will last. Currently, Ethereum is on a bull run. The coin is outperforming the rest making it altcoin of the moment.
The coin has gained over 12% in the past 24 hours and this has helped it cross the $800 mark for the first time since the early weeks of March. As of this writing, Ethereum has a market cap of $79,250,101,351.
source :
https://crypto-lines.com/2018/05/04/ethereum-is-on-a-bull-run/We are pleased and enough now 700. There is no stability and growth in capitalization, so you can not say the final forecasts, but the fact that there is some stabilization in the market before the jerk is yes.
I agree, I think its better to see the price above $700 as a good price to begin with. $800 will come and its just a matter of time. Let's say we just take baby steps before at the back of our minds it will go and reach ATH. The technology behind is really good, we only need the proper mindset of investor to push the price again and even hit $2K in the next couple of years.