Ethereum Price Today Holds $2,487 Bullish Trend as Hourly Momentum Turns Negative

NewsMon, 07 Sep 2026 10:14:53 UTC3 hours ago
Ethereum Price Today Holds $2,487 Bullish Trend as Hourly Momentum Turns Negative

Market data from September 7, 2026 shows the Ethereum price today holding at $2,487.96, keeping ETH inside a bullish daily structure even as shorter timeframes flash caution. Total crypto market capitalization sits near $2.69 trillion after a sharp -3.15% decline over the past 24 hours, with Bitcoin dominance at 59.14%.

ETH/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • ETH trades at $2,487.96, above the daily EMA20, EMA50, and EMA200 in a stacked bullish alignment that attracts trend-following buyers.
  • Daily RSI14 at 63.14 still leaves room to run, but the MACD histogram at -13.32 signals that upward momentum is decelerating.
  • The 1-hour chart has flipped neutral: price sits below the EMA20 and EMA50 with RSI14 dropping to 44.49.
  • Fear & Greed Index at 71 (Greed) contrasts with a -3.15% market-wide contraction and sharp DEX fee declines across major venues.
  • 15-minute ATR14 at just 6.34 versus 93.27 on the daily suggests a directional decision is approaching soon.

Daily Trend Remains Bullish Despite Cooling Momentum

The daily regime is classified as bullish, with price at $2,487.96 trading above a cleanly stacked moving average structure: EMA20 at $2,384.61, EMA50 at $2,192.06, and EMA200 at $2,174.05. That alignment tends to attract trend-following buyers rather than scare them off. RSI14 on the daily sits at 63.14, comfortably in bullish territory without approaching exhaustion, which suggests there is still room to run before overbought conditions become a concern.

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