Ethereum Price Hits Overbought Territory, Trend Remains Intact

The Ethereum price is holding steady near $2,465 as of August 26, 2026. The daily Relative Strength Index (RSI) has reached 76.06, a deeply overbought reading that indicates momentum may be due for a pullback.

Despite the RSI being in overbought territory, the trend remains intact, with Ethereum comfortably above its 20- and 50-day moving averages on the daily chart. The Moving Average Convergence Divergence (MACD) histogram is expanding, suggesting momentum is still accelerating rather than fading.

The hourly and 15-minute charts are showing consolidation, with price coiled tightly around converged moving averages. However, the MACD line is slightly negative against a signal of -4.99, hinting at a small bearish crossover attempt.