AI16Z Shows Potential Upside – Elliott Wave Analysis Suggests a Strong Recovery

The cryptocurrency market experienced a significant correction, dragging major tokens such as Bitcoin and Ethereum into the red. However, the AI16Z token has exhibited early signs of recovery after the recent dip. Following a week-long decline, AI16Z rallied with a remarkable 14% gain today, trimming its 7-day loss to approximately 21%. This positive momentum suggests potential for further upward movement.