Ethereum price stalls below $2,500 as momentum weakens

Ethereum price traded near $2,493 on Sept. 7 after failing to hold above $2,500, while weakening momentum and nearby liquidation clusters kept ETH within a narrow range. Summary Ethereum price traded between $2,475 and $2,537 before returning below the $2,500 level. Daily RSI fell to 63.62, showing that bullish momentum has cooled since the August rally. The $2,423–$2,475 area forms the nearest support zone across the charts. Liquidation data shows notable liquidity around $2,430 below and $2,540–$2,600 above. According to data from crypto.news, Ethereum (ETH) price was trading near $2,493, within a 24-hour range of approximately $2,473 to $2,533. The daily chart showed ETH down about 0.9%, with sellers appearing after the price reached $2,536. The pullback followed a sharp rally in August that lifted Ethereum from below $1,900 to above $2,500. ETH has since moved sideways as buyers struggle to extend the breakout and sellers defend the upper end of the new range. Ethereum price loses momentum below $2,537 The daily Bollinger Bands place Ethereum’s middle band near $2,448, while the upper and lower bands sit around $2,578 and $2,319, respectively. ETH remains above the middle band,...