Just watching the site all the time for Feb flights. Are prices likely to be any lower than they are now for flights or should I just book. Flights would be midterm to Eastern Europe.
Impossible to say. As far as I know Ryanair have a pricing model that aims to have a set no. of seats sold by x time before the flight for a set amount of revenue. Prices will move up and down to achieve this load/yield factor.
A lot of east Europeans often wait until after Christmas before travelling home because the flights are much cheaper for them. I find that waiting until about 6 weeks before the flight is a good time to purchase. But as Luternau says it depends on the popularity of the route in question.