Ethereum price today: ETH holds near $2,500 despite overbought RSI signal

NewsFri, 28 Aug 2026 07:47:01 UTC3 hours ago
Ethereum price today: ETH holds near $2,500 despite overbought RSI signal

As of August 28, 2026, Ethereum price today sits at $2,496.23, caught between a bullish daily chart and short-term charts losing steam. Total market capitalization slipped 1.59% over 24 hours to roughly $2.69 trillion, according to CoinGecko, while Bitcoin dominance climbed to 59.22%.

ETH/USDT โ€” daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • ETH trades at $2,496.23 on August 28, 2026, above its daily EMA20, EMA50, and EMA200.
  • The daily RSI sits at 75.79 in overbought territory, while the Fear & Greed Index reads 73.
  • Total crypto market capitalization fell 1.59% in 24 hours to about $2.69 trillion, and Bitcoin dominance rose to 59.22%.
  • Hourly and 15-minute charts show consolidation, with ETH holding near the 2502.92 daily pivot.
  • Uniswap V4 fees jumped 127.54% in a day, while Curve DEX fees dropped 72.6% in 24 hours.

Daily Trend Still Points Up, But Momentum Is Overheating

The daily trend remains bullish: ETH trades above all three major EMAs โ€” 2249.06 (EMA20), 2061.16 (EMA50) and 2169.34 (EMA200). That clean bullish stack shows price climbing steadily above every layer of trend support for weeks.

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