Why did ETHUSD jump 12.59% today?

Strong trading volume at $41.1 billion, combined with bullish MACD signals and RSI at neutral 49.07, attracted fresh buying interest. The move follows weeks of selling pressure, suggesting capitulation may be ending and new money is entering the market.

What is the ETHUSD price forecast for 2026?

Yearly forecasts project $3,118.61, representing 49.4% upside from current levels. Quarterly targets suggest $2,571.46, while monthly forecasts point to $1,542.36. Actual results depend on market conditions and regulatory developments.

Is ETHUSD overbought right now?

No. RSI at 49.07 sits in neutral territory, neither overbought (>70) nor oversold (

What are key support levels for ETHUSD?

Primary support sits at $2,771.08 (Bollinger Band lower). The 50-day moving average at $2,944.85 provides intermediate support. Breaking below $1,993.46 would signal major weakness and potential cascade selling.

Should I trade ETHUSD based on today's rally?

Technical indicators show bullish momentum, but volume sustainability matters. Monitor RSI above 55 and MACD histogram expansion as confirmation. Always use stop losses and position sizing appropriate to your risk tolerance.

Crypto Insights

Ethereum USD Gains 12.59% as RSI Signals Neutral Territory

ByHuzaifa Zahoor February 9, 2026February 9, 2026

Ethereum USD (ETHUSD) has climbed 12.59% in the last 24 hours, reaching $2,086.17 as of February 8, 2026. The second-largest cryptocurrency by market cap now trades with a $248 billion market capitalization, reflecting strong trading activity across major exchanges. This move comes after a challenging month where ETHUSD fell 37.71%, making the recent bounce particularly notable. Technical indicators paint a mixed picture, with RSI hovering at neutral levels while MACD shows bullish momentum. Understanding what’s driving this ETHUSD price movement requires examining both technical signals and broader market sentiment.