Ethereum Breaks Out: Bullish Divergence & Rising Momentum Indicate Potential Surge

Ethereum’s price action has recently signaled a potential trend reversal after months of decline. Key indicators like the RSI and OBV show increasing buyer momentum, pushing ETH from $1,550 to above $1,900 in sustained rallies. Analysts attribute this surge to expanding decentralized finance (DeFi) applications and growing institutional investments. A falling wedge pattern adds further support for a potential breakout.