ETH Breaks Out After Bullish Divergence, Altcoin Momentum Building
Ethereum (ETH) has staged a powerful rally following a bullish divergence spotted three weeks ago — a move that leading crypto analyst Michaël van de Poppe says confirmed a trend reversal and "massive breakout."
In a recent post, van de Poppe emphasized that a higher low had formed on ETH’s chart, setting the stage for an explosive breakout. The latest price action validates the bullish divergence and confirms a clear trend shift to the upside.
“The higher low confirmed, and then, a massive breakout took place. The trendswitch is clear,” wrote van de Poppe.
Chart Breakdown: From Divergence to Breakout
The accompanying chart shows ETH/BTC forming a falling wedge pattern that resolved decisively to the upside. Key elements highlighted include:
- Liquidity zone taken out
- Crucial resistance broken
- Strong follow-through with expanding volume
ETH’s strength in the BTC pair reinforces market-wide optimism surrounding altcoins, with the analyst suggesting this is just the beginning.
Altcoins Showing Weekly Bullish Divergences
While ETH shows a daily bullish divergence, van de Poppe notes that many altcoins are flashing weekly bullish divergences — a longer time-frame signal that often precedes sustained uptrends.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
