---
title: "ETH price could hit $2,474 before correcting due to overbought signals. Currently trading at $2,374 after 5% surge."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296586650.md"
description: "The price of ETH has risen by 5% in a day to reach $2,374. However, indicators such as RSI are showing a value above 85, and MACD momentum has come to a standstill. This suggests a high risk of a rapid correction towards the support range of $2,194 to $2,284."
datetime: "2026-08-21T07:58:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296586650.md)
  - [en](https://longbridge.com/en/news/296586650.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296586650.md)
generator: "portal-rs"
---

# ETH price could hit $2,474 before correcting due to overbought signals. Currently trading at $2,374 after 5% surge.

The price of ETH has risen by 5% in a day to reach $2,374. However, indicators such as RSI are showing a value above 85, and MACD momentum has come to a standstill. This suggests a high risk of a rapid correction towards the support range of $2,194 to $2,284.

### Related Stocks

- [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md)
- [FETH.US](https://longbridge.com/en/quote/FETH.US.md)
- [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md)
- [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md)
- [CETH.US](https://longbridge.com/en/quote/CETH.US.md)

## Related News & Research

- [Dormant Address Resurfaces and Buys ETH After Eight Months](https://longbridge.com/en/news/296690966.md)
- [Ethereum's Target Is $4,000 or $10,000, Says Trader Who Predicted The Breakout](https://longbridge.com/en/news/296518199.md)
- [Arthur Hayes Says ETH Can Hit $5,000 by Year-End, Risk-Reward Is Better Than for BTC](https://longbridge.com/en/news/296631699.md)
- [11:58 ETEightco Holdings informa que sus activos totales ascienden a aproximadamente 389 millones de dólares](https://longbridge.com/en/news/296515848.md)
- [Tom Lee Says ETH's First Breakout Since October 2025 'Would Be Good to See'](https://longbridge.com/en/news/296232439.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**