Aave’s Technical Signal Suggests Potential Bounce Back

The cryptocurrency market has recently experienced a significant downturn, largely due to escalating geopolitical tensions between Israel and Iran. Ethereum (ETH), for instance, has dropped over 8% in the past three days and currently trades around $2,500. This market volatility is impacting other altcoins, including Aave (AAVE). Despite today’s price drop, AAVE’s chart suggests a promising bullish reversal pattern.