Ethereumโs ETH token has surged over 10% from recent lows against Bitcoin, sparking speculation that a trend reversal may be on the horizon. As ETH/BTC begins to show bullish divergence on key charts, is this the start of a long-awaited comeback?
The ETH to BTC exchange rate recently hit a record low near 0.0175 BTC, marking one of the most prolonged underperformances Ethereum has seen since 2017. However, in just 48 hours, ETH rebounded over 10.42%, trading as high as 0.019 BTC on April 24, 2025.
This surge is attracting trader attention, especially as Ethereum begins forming a bullish divergence on the daily Relative Strength Index (RSI) โ a key signal that often precedes trend reversals in crypto markets.
The daily RSI for ETH/BTC is now printing higher lows, even as price action continued to form lower lows โ a textbook case of bullish divergence. This pattern was last seen in November 2024, which led to a sharp 24% rally for Ethereum relative to Bitcoin.
With similar conditions developing again, many traders are now eyeing the 50-day Exponential Moving Average (EMA) at 0.021 BTC as the next key target. A successful retest of this level could signal a 15% upside from current levels.
On the 2-hour timeframe, Ethereum recently broke out of a descending triangle pattern, confirming short-term bullish momentum. The breakout followed a failed breakdown โ often a bear trap โ where sellers were overpowered by buyers, leading to a rapid recovery.
ETH/BTC is now consolidating near 0.01917 BTC, with volume rising โ a strong confirmation signal. The next upside target is 0.02051 BTC, a gain of over 7% if the current trend continues.
Ethereum has historically lagged Bitcoin during major rallies, but the technical setup now favors a potential ETH rebound โ especially with rising accumulation by long-term holders and renewed optimism in the altcoin market.
If the momentum holds, Ethereum could retest higher levels and finally reverse its 8-year-long downtrend against Bitcoin.
Stay tuned to www.dailyforex.pk for the latest Ethereum vs. Bitcoin updates, crypto market news, and price analysis.
Check the latest USD to PKR exchange rate for 19 November 2025. Stay updated with…
Check the latest gold prices in Pakistan for 19 November 2025, including per tola, 10…
Check the latest gold price in Pakistan for 18 November 2025, including per tola, 10…
Check the latest gold price in Pakistan for 14 November 2025, including per tola, 10…
Check the latest USD to PKR exchange rate for 13 November 2025. Stay updated with…
Check the latest gold price in Pakistan for 13 November 2025, including per tola, 10…