Ethereum Price Surges on Bullish Trend

Ethereum's (ETH) price prediction has turned more optimistic after Ether recovered sharply from its August lows. As of August 21, 2026, ETH traded at $2,390.

The recent direction is bullish, with ETH gaining 5% over the past 24 hours and approximately 28% over seven days. However, some momentum indicators are close to overbought territory, cautioning that the move may be extended.

A CoinCodex forecast projects $2,345.67 for August 22, while a broader range combining this model output with daily support, resistance, and volatility data puts the minimum price at $2,300, maximum at $2,450, and average at $2,400.