Ethereum Price Holds Above $2,513 as Momentum Signals Fading

Ethereum's price has held above $2,513 for September 14th, but momentum signals are sending mixed messages to traders.

The daily chart shows Ethereum remains in a bullish regime, with its price sitting above key moving averages. The wide separation between the shorter and longer averages signals an established uptrend rather than an early one.

However, the MACD histogram has flipped negative at -16.4, indicating that momentum is decelerating even as the price remains elevated. This often precedes a period of consolidation and warrants caution from traders.