Aleph Zero (AZERO/USDT): A Bullish Revival on the Horizon
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Aleph Zero (AZERO/USDT), a blockchain solution that has captured the imagination of crypto enthusiasts, may be gearing up for a monumental bullish breakout. Since its spectacular peak at $3 in April 2022, Aleph Zero has undergone a textbook ABC correction based on Elliott Wave Theory. Wave A saw a decisive five-wave descent, followed by Wave B—a contracting triangle with ABCDE subwaves—and finally, Wave C, concluding with another five-wave decline that bottomed near $0.2660.
This pivotal low marks the possible end of the corrective phase, positioning Aleph Zero for a massive bullish reversal. From here, technical analysis suggests the cryptocurrency could break past its previous high of $3 and potentially skyrocket to $8, offering a stunning upside opportunity for long-term investors and traders alike.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.