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Ethereum Confirms Hidden Bullish Divergence, Analysts Say $8,000 Target Now Comes Into View
Ethereum confirms hidden bullish divergence, signaling strength and continuation above $4,954.
RSI and price structure align with higher lows, reinforcing momentum toward the $8,000 zone.
Symmetrical triangle breakout and firm support near $3,000 sustain Ethereum’s long-term uptrend.
Ethereum confirms another Hidden Bullish Divergence, pointing toward another potential continuation higher in the ongoing market structure. The first technical target stands at the all-time high of $4,954.16, and the pattern indicates that continuation above this level could occur. Beyond that point, the next target is projected to move above $8,000 as momentum builds across the chart structure.
Ethereum Maintains Uptrend with Hidden Bullish Divergence
According to Marks, Ethereum’s chart shows a repeated pattern of higher lows while the RSI also forms upward-trending lows. This alignment between price and indicator confirms the presence of hidden bullish divergence. The formation develops within a consolidation range near the $3,000 zone, where Ethereum has maintained stability over several trading periods.
Ethereum’s price chart continues to demonstrate structural support holding firm during correction phases. The current setup features a rounded bottom pattern within a defined rectangular consolidation area. This phase indicates that buyers maintain control as each retracement finds renewed demand near the lower range
Source: CoinMarketCap
Resistance levels are seen near $4,824 and extend toward $8,000, forming key technical levels that traders continue to monitor. According to CoinMarketCap data, Ethereum trades at $3,877.54 with a 24-hour trading volume of $30.43 billion and a market capitalization of $468.01 billion. The price shows minor intraday fluctuations between $3,840 and $3,900, while short-term buyers maintain stability above $3,860 after earlier pullbacks.
Technical Analysis Points Toward Higher Targets
According to technical observations by Mags, Ethereum recently broke out of a symmetrical triangle pattern, with the current pullback appearing as a bullish retest. This pattern is usually used to signal continuation in the direction of the established trend once confirmation occurs.
Source: Mags(X)
The next major resistance, according to Mags, lies near $7,367, which aligns with the 1.618 Fibonacci extension level. Ethereum’s broader structure remains intact, with RSI maintaining higher lows and volume flows showing accumulation at lower levels. The ongoing chart behavior resembles previous continuation setups that preceded breakouts to new highs
Analysts observe that once the $4,954.16 resistance is reached, the structure supports an extension above $8,000. This trend of stable market liquidity, high trendline support and congruent technical indicators all shows that Ethereum is moving in the right direction.
The post Ethereum Confirms Hidden Bullish Divergence, Analysts Say $8,000 Target Now Comes Into View appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.