Various analysts have drawn out their paths for JasmyCoin this bull run, with many having highly optimistic targets. To add to this, an analyst from the Altcoin Doctor YouTube channel also made his prediction which he regards as a “realistic” target.
According to Altcoin Doctor, JasmyCoin was trading around the $0.018 mark at the time of the video, with a market cap of about $871 million and a ranking of 85. While others have thrown out lofty projections like $10 or $11, he says his analysis is grounded in actual chart data. Using Fibonacci retracement levels, which he calls one of the most reliable technical tools, he identifies two main price targets for JASMY in this cycle.
The first target is at the 1.618 Fibonacci extension, which points to $0.08. That would represent about an 8x gain from current levels. The second target, which he says is possible in a full-blown bull run scenario, is around $0.21. If that plays out, the JASMY price could potentially see a 21x move to the upside. That’s roughly a 1,200% gain.
He repeatedly emphasized that these targets are not based on random hype but rather technical confluences, especially those seen during previous cycles. He adds that most bull runs tend to exceed the 1.618 level, which gives his $0.21 forecast more credibility as a possible cycle top.
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Macro Insights Supporting a Bullish Case for JasmyCoin
Altcoin Doctor also brought in several broader macro indicators to back his bullish sentiment. One of the charts he focused on is the USDT dominance chart. He explained that a falling USDT dominance usually signals that investors are moving their money out of stablecoins and into crypto assets like Bitcoin and altcoins.
The last peak in USDT dominance happened in December 2022, which aligned with a market bottom and the start of a new upward trend for Bitcoin and the broader market. He now expects USDT dominance to drop as low as 3.77%, which he says would support a continuing rise in crypto prices.
He also analyzed the total crypto market cap, which he says is currently at around $3.3 trillion. Using the Fibonacci tool again, he sets a target of $5.62 trillion for the entire market during this cycle. He argues that this projection aligns with previous historical market behavior and reflects a realistic top if momentum continues.
Altcoin Doctor didn’t stop there. He highlighted the altcoin market cap excluding Bitcoin, which is often used to track whether altcoins are outperforming or lagging behind. He said we’re currently at around $1.27 trillion and could see a move up to $2.4 trillion. This supports his bullish stance on altcoins in general and JasmyCoin specifically.
Read Also: Can Kaspa (KAS) Reach $10 by 2030?
Why Bitcoin Dominance Matters for JASMY Price
Lastly, he pointed out that for JasmyCoin price and other altcoins to surge, Bitcoin dominance must fall. He gave historical examples from December 2020 and 2021 when Bitcoin dominance dropped sharply, leading to massive altcoin rallies. A similar pattern is starting to emerge again. If Bitcoin dominance declines significantly, it would likely trigger another “altcoin season,” boosting the JASMY price along with other tokens.
He wrapped up by saying that all these signals point toward a market primed for upside, and JasmyCoin is well-positioned to ride that wave. His realistic price forecast remains between $0.08 and $0.21 this cycle, depending on how aggressively the broader market rallies.
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