Date: Mon, June 16, 2025 | 09:36 AM GMT
The cryptocurrency market is making a quite comeback as the new week kicks off after experiencing volatility on weekdays following mounting geopolitical tensions between Israel and Iran. Today Ethereum (ETH) took a jump of 4% to cross $2625 mark, Unsurprisingly, altcoins also making bounce— including including ai16z (AI16Z).
The AI Agent token is back on the green track today with impressive 12% gains, and now a well-defined harmonic pattern forming on its short-term rally is underway.
Source: Coinmarketcap
Power of 3 in Play?
Zooming in on the 4-hour chart, AI16Z appears to be developing a classic “Power of 3” structure — a three-phase pattern consisting of Accumulation, Manipulation, and Expansion.
Accumulation Phase
From May 30 to June 12, AI16Z traded in a tight sideways range between $0.2544 and $0.1944. This zone, shown as a grey box on the chart, reflects a classic accumulation phase — where price consolidates and institutional players gradually build positions without causing sudden moves.
AI16Z 4H Chart/Coinsprobe (Source: Tradingview)
Manipulation Phase
On June 12, AI16Z sharply broke down below the accumulation zone and hit a local low of $0.1541. This move likely acted as a manipulation shakeout — designed to trigger stop-loss orders and flush out weak hands before the actual trend shift begins.
Expansion Phase Next?
Currently, AI16Z is trading just below the lower boundary of the previous range at $0.1928. A reclaim of $0.1944 would signal that the manipulation phase is likely complete and the token is preparing for expansion.
If the pattern plays out as expected, the price could head toward $0.3540, which would represent an impressive 81% rally from the current level. However, the entire structure hinges on $0.1541 acting as strong support. A breakdown below that would invalidate the bullish setup and could open the door for further downside.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.