Date: Tue, June 24, 2025 | 05:55 PM GMT

The cryptocurrency market is showing strong signs of recovery as tensions between Israel and Iran ease. Ethereum (ETH) has rebounded sharply, jumping 7% to climb above the $2,450 level. Riding this renewed momentum, altcoins are also bouncing — and Aave (AAVE) is leading the charge with a 13% gain in the last 24 hours.

Source: Coinmarketcap

But the real story may be what’s unfolding on AAVE’s chart — a powerful fractal pattern that echoes the setup from its legendary 2020–2021 rally.

Familiar Fractal Suggests Bullish Reversal Ahead

Zooming into AAVE’s daily chart reveals an uncanny similarity to its historic 2020–2021 breakout. Back then, after breaking out from a falling wedge pattern, $AAVE experienced a brief correction. However, it found strong support at the 100-day moving average and then exploded higher, climbing over 750% to reach a peak near $583.

Aave (AAVE) Fractal Chart/Coinsprobe (Source: Tradingview)

Now, fast forward to mid-2025: the structure is looking nearly identical.

Once again, AAVE has broken out of a falling wedge and, after a corrective dip, is now bouncing off the 100-day moving average — acting as dynamic support, just like it did in late 2020. This level served as a launchpad during the previous cycle and could now be setting the stage for another major move.

What’s Next for AAVE?

If the fractal continues to play out, AAVE may be entering the early stages of another parabolic rally. Based on the previous pattern, the price could aim well beyond its all-time highs — with long-term targets of $750 to $1,000+ being speculated by bullish analysts if momentum holds.

However, as always, confirmation is key. AAVE will need to hold the 100-day MA and break above the recent swing high near $325 to truly signal strength and continuation

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.