This Trader Makes a Shocking JasmyCoin (JASMY) Price Prediction

JasmyCoin had a solid week as did most popular altcoins. The JASMY price is now trading around $0.01682. But, want to see a shocking JASMY price forecast? Javon Marks analyst did just that via his X account today.

Javon’s chart shows JASMY’s wild ride since its launch. The token crashed hard from over $4.40 down to just $0.0028 between early 2021 and late 2022. This 99% drop formed a clear falling wedge pattern on the chart.

But then things changed. After hitting rock bottom, the JASMY price started showing signs of life. Buyers began accumulating coins at these low prices. In late 2022 and early 2023, JASMY finally broke through its downtrend line. This breakout came with huge trading volume, a strong sign that sentiment was shifting.

Since then, JASMY has been making higher lows. It climbs, pulls back, but doesn’t fall to previous lows – a classic recovery pattern. The chart shows these stair-step moves upward despite some corrections along the way.

The Bold JASMY Price Target

Marks set an eye-popping target of $4.47842 for JASMY. This matches its previous all-time high. From the current price around $0.01682, this would mean a 25,200% increase – or multiplying your investment by 253 times.

This JasmyCoin price forecast might seem crazy, but the technical setup makes it possible. JASMY’s trend reversal is confirmed by strong volume. The release of the 2025 roadmap also gives investors a reason to be optimistic.

Right now, JASMY is trading between $0.015-$0.017. This range is important support. If JASMY stays above this level, it could next target $0.035-$0.04, based on earlier 2024 highs.

Looking further ahead, JASMY would need to break through key price points at $0.10, $0.50, and $1.00 before getting anywhere near the big $4.47 target. Each of these levels will be tough to crack.

What makes this analysis stand out is how it combines technical indicators with real-world events. The breakout pattern and volume profile show technical strength. The new roadmap gives investors something tangible to believe in. Marks calls this potential setup “one of the greatest market moves this cycle” – showing his strong belief in JASMY’s future.

For people watching JASMY, the key is whether it can keep making higher lows and stay above the $0.015-$0.017 zone. While the long-term target remains a big “what if,” the confirmed trend reversal suggests JASMY may have a lot more room to grow.

Read also: How High Can JasmyCoin (JASMY) Spike When Bitcoin Hits $150K?

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Read our recent crypto market updates, news, and technical analysis here.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

CaptainAltcoin
Logo