--- 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 - [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) - [Tom Lee Says ETH's First Breakout Since October 2025 'Would Be Good to See'](https://longbridge.com/en/news/296232439.md) - [BMNR Jumps 4% as Bitmine Buys 9,926 More ETH: What's Going On?](https://longbridge.com/en/news/296126857.md) - [Bit Digital holds 164,842 ETH valued at $306.7 million as of July 31, 2026](https://longbridge.com/en/news/296137136.md) - [Aligned Launches $ALIGN, the Native Token of Its Full Ethereum Stack](https://longbridge.com/en/news/296619468.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**