Considering the volatility of crypto it is very likely that we will see ETH below $240 as it seems the pump is over and we could see some correction.
I don't think the increase in ethereum prices has yet to be completed, this is only just the beginning, ethereum prices will one day rise again and exceed the target you mentioned.
Correct, No doubt with Ethereum that it will increase because I feel a sense that we are now facing into bull run and bitcoin will having more increase and I'm sure this Ethereum will swing the price after the bitcoin growing up. Technically, I don't see any reason for dropping Ethereum since bitcoin continuos growing up in the market. However, this is only my opinion and yet we know that it is not predicted.