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MarketAnalysisEthereumPrice Prediction
Aug 24, 2026
< 1min read
byParshwa Turakhiya
forCoinEdition
Ethereum trades at $2,454.70 on August 24, down 0.35% and testing resistance near $2,450 with RSI at 78.10 after breaking a rising trendline from the June $1,520 low. Spot ETH ETFs pulled in $693 million over five consecutive days with accelerating inflows, and Tom Lee says a rotation from <a href="https://xpertsstudio.com/ethereums-golden-cross-vs-<a href="https://xpertsstudio.com/bitcoin-tops-us80000-on-debasement-trade-sets-three/” title=”Bitcoin tops US$80,000 on debasement trade, sets three”>bitcoin-what-it-means-for-traders/” title=”Ethereum’s Golden Cross vs. Bitcoin: What It Means for Traders”>Bitcoin to ETH signals a breaking ETH/BTC downtrend. These ETF fundraising flows and the structural shift support a bullish outlook for ETH price and broader crypto adoption across CEX/DEX and DeFi.
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- ETH trades at $2,454.70 on August 24, down 0.35%, testing resistance near $2,450 with RSI at 78.10, in overbought territory
- Spot ETH ETFs pulled in $693M over five straight days, with daily inflows accelerating each session
- Tom Lee said the rotation into ETH from Bitcoin is “nearly a decade in the making,” pointing to a breaking ETH/BTC downtrend
The ETH price prediction stays bullish as price pushes into a key resistance zone that’s capped every rally attempt since May, backed by accelerating ETF inflows and a wave of analysts calling for a structural shift in Ethereum’s performance against Bitcoin.
Ethereum Price Analysis: Will ETH Price Go Up After Testing $2,450 Resistance?
ETH surged sharply this week, breaking above a rising trendline connecting a series of higher lows since the June bottom near $1,520, and …
Source: cryptorank.io