JasmyCoin (JASMY) Flips Bullish Following Key Breakout: Analysts Point to 2024 Price Targets
JasmyCoin (JASMY) and its recent price performance have attracted speculation from several analysts, who have laid out a bullish run for the token.
JASMY has experienced a price surge of 9.43% in the last 24 hours. The token is currently trading at $0.04267, with a 24-hour low of $0.03782 and a high of $0.04284.
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Best Performer in Analyst’s Portfolio
Analyst mrpatrickschmitt has taken to X to express his enthusiasm for JASMY, stating that it is the best performer in his portfolio today.
Despite some skepticism from others, mrpatrickschmitt remains confident in his prediction that JASMY could reach $1 in 2024. He believes that once people understand the actual work being done by Jasmy and the potential behind the project, they will stop calling him crazy for his bullish outlook.
Technical Analysis Points to Further Upside
Several analysts have shared their technical analysis of JASMY, indicating that the token may be poised for further growth. The Candle Wick, a well-known analyst, has set their sights on the $0.045 level, which corresponds to the channel resistance on the price chart.
Team Lambo, another prominent analyst, has identified a breakout and ascension pattern for JASMY. According to their analysis, which was first shared on their Telegram channel, the token has already risen 10% off the breakout and is expected to target $0.046 and $0.05 in the short term.
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Show more +Breakout Holding, Potential for Substantial Continuation Move
JAVON MARKS, a respected analyst in the cryptocurrency space, has also commented on JASMY’s recent price action. They note that when a breakout is “on,” it can lead to significant price movements. In the case of JASMY, MARKS observes that the breakout is holding, and prices are starting to show strength, which could be just the beginning of a substantial continuation move.
The recent price surge and bullish sentiment surrounding JASMY have sparked interest. As mrpatrickschmitt points out, understanding the work being done by Jasmy and the potential behind the project is key to recognizing the token’s value. Conclusion
Read more: FLOKI Meme Coin Price Surge Not Over Despite 10% Decline from All-Time High: Here’s Why
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