Date: Sun, May 18, 2025 | 03:30 PM GMT
The cryptocurrency market has mounted a solid comeback in recent weeks, with Ethereum (ETH) continuing to lead the charge. ETH has surged more than 57% in the past month and is now trading above $2,500 — a level not seen since late February. This bullish momentum is uplifting sentiment across altcoins, including AIOZ Network (AIOZ).
AIOZ has posted impressive monthly gains of over 69%, and now a key breakout is being retested — suggesting that another bounce back might be on the horizon.
Retesting the Cup and Handle Breakout
On the daily chart, AIOZ has formed a textbook Cup and Handle pattern — a classic bullish setup that typically signals the start of a strong uptrend.
After rounding out a broad “cup” base, AIOZ dipped briefly to create the “handle,” finding support around the 100-day moving average ($0.3445). This structure led to a breakout above the neckline resistance at $0.46, confirming the pattern.
The breakout pushed AIOZ to a recent local high of $0.55, before a healthy pullback of around 23% brought the price back into the key breakout zone of $0.42 – $0.46. This level is now being retested — and holding it as support is crucial for bulls.
What’s Next for AIOZ?
During this retest, AIOZ has shown early signs of strength — rebounding from $0.42 to $0.46. If bulls manage to defend this support zone and volume begins to rise, AIOZ could reignite its upward momentum.
A breakout above $0.55 would mark a major bullish confirmation, likely setting the stage for the next leg up. Based on the height of the Cup and Handle pattern, the next technical target sits at $0.7542 — offering a potential +64% upside from current levels.
However, any sustained rally will likely depend on the broader market environment. If Ethereum continues climbing and altcoin sentiment improves, AIOZ could ride the wave higher.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
