{"id":419157,"date":"2024-08-30T14:30:29","date_gmt":"2024-08-30T09:00:29","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=419157"},"modified":"2024-08-30T13:00:27","modified_gmt":"2024-08-30T07:30:27","slug":"ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/","title":{"rendered":"Ethereum forms first bullish divergence in 2 years: Major rally ahead?"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Ethereum shows potential for a bullish reversal, with a rare daily bullish divergence and narrowing Bollinger Bands.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Macroeconomic shifts and on-chain data could propel Ethereum&#8217;s price upward, despite recent bearish momentum.<\/span><\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\"><span style=\"font-weight: 400;\">Ethereum [ETH]<\/span><\/a><span style=\"font-weight: 400;\"> was exhibiting signs of a price reversal at press time, with a bullish divergence emerging on the daily timeframe. This marks the first bullish divergence for ETH in over two years.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Micha\u00ebl van de Poppe, a crypto analyst, recently <\/span><a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1829187259251236957\"><span style=\"font-weight: 400;\">noted<\/span><\/a><span style=\"font-weight: 400;\">,\u00a0<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cThese are great signs on the markets, as $ETH has made its first bullish divergence in the daily timeframe in more than two years.\u201d\u00a0<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">However, he also posed the critical question:\u00a0<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cWill this be the actual reversal signal?\u201d<\/span><\/p><\/blockquote>\n<figure id=\"attachment_419160\" aria-describedby=\"caption-attachment-419160\" style=\"width: 2257px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-.png\"><img decoding=\"async\" class=\"wp-image-419160 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-.png\" alt=\"\" width=\"2257\" height=\"1186\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-.png 2257w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH--300x158.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH--1024x538.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH--768x404.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH--1536x807.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH--2048x1076.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH--1200x631.png 1200w\" sizes=\"(max-width: 2257px) 100vw, 2257px\" \/><\/a><figcaption id=\"caption-attachment-419160\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<h2><b>Technical indicators signal possible price movement<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ethereum traded at $2,514.53 at press time, reflecting a 0.89% decline in the past 24 hours and a 4.94% drop over the last week. Despite this recent downturn, technical indicators are hinting at a potential shift.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bollinger Bands are narrowing, which often indicates that a significant price movement could be on the horizon. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">ETH was trading below the middle Bollinger Band at press time, suggesting that the asset was still under bearish momentum.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) indicator showed that the MACD line remained below the signal line, with both trending in negative territory. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">While this suggested ongoing bearish pressure, the histogram revealed a slight weakening, which could indicate the early stages of a possible reversal or consolidation.\u00a0<\/span><\/p>\n<figure id=\"attachment_419159\" aria-describedby=\"caption-attachment-419159\" style=\"width: 1524px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-tradingview-1.png\"><img decoding=\"async\" class=\"wp-image-419159 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-tradingview-1.png\" alt=\"\" width=\"1524\" height=\"1096\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-tradingview-1.png 1524w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-tradingview-1-300x216.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-tradingview-1-1024x736.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-tradingview-1-768x552.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/ETH-tradingview-1-1200x863.png 1200w\" sizes=\"(max-width: 1524px) 100vw, 1524px\" \/><\/a><figcaption id=\"caption-attachment-419159\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">At press time, the Relative Strength Index (RSI) was at 39.7, placing it in the oversold territory. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, while selling pressure remains, there may be an opportunity for buyers to re-enter the market, potentially leading to a short-term bounce.<\/span><\/p>\n<h2><b>Macroeconomic influences<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Macroeconomic factors could also play a crucial role in Ethereum&#8217;s potential price surge.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> The Federal Reserve is expected to cut interest rates in September and possibly continue with further reductions, driven by slowing inflation and economic uncertainty.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A reduction in interest rates typically makes riskier assets like cryptocurrencies more attractive, as the appeal of safe-haven assets such as the U.S. dollar diminishes.<\/span><\/p>\n<figure id=\"attachment_419158\" aria-describedby=\"caption-attachment-419158\" style=\"width: 2000px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/CME.png\"><img decoding=\"async\" class=\"wp-image-419158 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/CME.png\" alt=\"\" width=\"2000\" height=\"1000\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/CME.png 2000w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/CME-300x150.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/CME-1024x512.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/CME-768x384.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/CME-1536x768.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/CME-1200x600.png 1200w\" sizes=\"(max-width: 2000px) 100vw, 2000px\" \/><\/a><figcaption id=\"caption-attachment-419158\" class=\"wp-caption-text\">Source: CME<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Historically, rate cuts have led to increased capital inflows into the crypto market, as investors seek higher returns in alternative assets. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given Ethereum&#8217;s established ecosystem and its growing adoption, the crypto could be a prime beneficiary of this shift in investor sentiment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A dovish stance from the Federal Reserve could weaken the U.S. dollar, providing further upward pressure on ETH\u2019s price.<\/span><\/p>\n<h2><b>Ethereum&#8217;s growth prospects<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">On-chain data also supported a positive outlook for Ethereum. According to <\/span><a href=\"https:\/\/defillama.com\/chain\/Ethereum\"><span style=\"font-weight: 400;\">DefiLlama<\/span><\/a><span style=\"font-weight: 400;\">, the Total Value Locked (TVL) in Ethereum-based decentralized finance (DeFi) protocols was $46.966 billion at press time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, the network saw a 24-hour transaction volume of $1.13 billion, with inflows of $2.44 million.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\">Ethereum&#8217;s [ETH] Price Prediction<\/a> 2024\u20132025<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\"> The number of active addresses in the last 24 hours was 390,291, alongside 64,793 new addresses, highlighting continued user engagement and network activity.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, there is sustained interest in the Ethereum network, which could support the asset\u2019s price in the coming months.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum sees its first bullish divergence in two years: Is a major price reversal coming?<\/p>\n","protected":false},"author":95,"featured_media":419178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,32,66,3,4,20],"tags":[6427],"class_list":["post-419157","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-ethereum-news","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ethereum forms first bullish divergence in 2 years: Major rally ahead? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Ethereum shows signs of a bullish reversal with its first daily bullish divergence in two years amid macroeconomic shifts.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum forms first bullish divergence in 2 years: Major rally ahead? - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Ethereum sees its first bullish divergence in two years: Is a major price reversal coming?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-30T09:00:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/eth-webp-8.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Olivia Stephanie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Olivia Stephanie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/\"},\"author\":{\"name\":\"Olivia Stephanie\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5648bbf6234d3152a00b4b1409f817d6\"},\"headline\":\"Ethereum forms first bullish divergence in 2 years: Major rally ahead?\",\"datePublished\":\"2024-08-30T09:00:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/\"},\"wordCount\":533,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/eth-webp-8.webp\",\"keywords\":[\"ambcrypto\"],\"articleSection\":[\"Altcoin\",\"Ethereum\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/\",\"name\":\"Ethereum forms first bullish divergence in 2 years: Major rally ahead? - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/eth-webp-8.webp\",\"datePublished\":\"2024-08-30T09:00:29+00:00\",\"description\":\"Ethereum shows signs of a bullish reversal with its first daily bullish divergence in two years amid macroeconomic shifts.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/eth-webp-8.webp\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/eth-webp-8.webp\",\"width\":1792,\"height\":1024,\"caption\":\"Ethereum forms first bullish divergence in 2 years: Major rally ahead?\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/5648bbf6234d3152a00b4b1409f817d6\",\"name\":\"Olivia Stephanie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Image_20240628_151922_616-e1719636451868-100x100.jpeg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Image_20240628_151922_616-e1719636451868-100x100.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/Image_20240628_151922_616-e1719636451868-100x100.jpeg\",\"caption\":\"Olivia Stephanie\"},\"description\":\"Olivia Stephanie is a FinTech enthusiast with a keen understanding of financial markets. Her passion for economics and finance has led her to explore emerging blockchain technology and cryptocurrency markets.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/olivia-stephanie-744bb9308\\\/?originalSubdomain=ke\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/olivia-stephanie\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ethereum forms first bullish divergence in 2 years: Major rally ahead? - AMBCrypto","description":"Ethereum shows signs of a bullish reversal with its first daily bullish divergence in two years amid macroeconomic shifts.","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum forms first bullish divergence in 2 years: Major rally ahead? - AMBCrypto","og_description":"Ethereum sees its first bullish divergence in two years: Is a major price reversal coming?","og_url":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2024-08-30T09:00:29+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/eth-webp-8.webp","type":"image\/webp"}],"author":"Olivia Stephanie","twitter_card":"summary_large_image","twitter_creator":"@CryptoAmb","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Olivia Stephanie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/"},"author":{"name":"Olivia Stephanie","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/5648bbf6234d3152a00b4b1409f817d6"},"headline":"Ethereum forms first bullish divergence in 2 years: Major rally ahead?","datePublished":"2024-08-30T09:00:29+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/"},"wordCount":533,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/eth-webp-8.webp","keywords":["ambcrypto"],"articleSection":["Altcoin","Ethereum","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/","url":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/","name":"Ethereum forms first bullish divergence in 2 years: Major rally ahead? - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/eth-webp-8.webp","datePublished":"2024-08-30T09:00:29+00:00","description":"Ethereum shows signs of a bullish reversal with its first daily bullish divergence in two years amid macroeconomic shifts.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/ethereum-forms-first-bullish-divergence-in-2-years-major-rally-ahead\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/eth-webp-8.webp","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/08\/eth-webp-8.webp","width":1792,"height":1024,"caption":"Ethereum forms first bullish divergence in 2 years: Major rally ahead?"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/5648bbf6234d3152a00b4b1409f817d6","name":"Olivia Stephanie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Image_20240628_151922_616-e1719636451868-100x100.jpeg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Image_20240628_151922_616-e1719636451868-100x100.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Image_20240628_151922_616-e1719636451868-100x100.jpeg","caption":"Olivia Stephanie"},"description":"Olivia Stephanie is a FinTech enthusiast with a keen understanding of financial markets. Her passion for economics and finance has led her to explore emerging blockchain technology and cryptocurrency markets.","sameAs":["https:\/\/www.linkedin.com\/in\/olivia-stephanie-744bb9308\/?originalSubdomain=ke"],"url":"https:\/\/ambcrypto.com\/author\/olivia-stephanie\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/419157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=419157"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/419157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/419178"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=419157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=419157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=419157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}