Yes. It can happen if there will be a lot of people hodling the coin. A lot of people already see it coming as Ethereum is one of the most popular altcoin. Maybe it can go back to its #2 spot before the of the month. I was glad that I purchase some Ethereum when its below $100 USD. Take advantage of those weak hands so you can play around with the price.
you are really lucky to buy Ethereum lower than $ 100. if I were you, i would sell my coins when the Ethereum will be close to 200 dollars. I am sure that after such growth we will return to low prices again. maybe lower