Bitcoin (BTC) moves in upward trajectory after two brutal downside weeks. This bullish momentum on Bitcoin opens doors for altcoins to swing to the upside as well. As many altcoins turn bullish, upward momentum is hinted at on many altcoin charts.
Read CRYPTONEWSLAND onWith crypto market sentiment hoping for altseason to arrive soon many altcoins are now turning bullish alongside Bitcoin (BTC). Among these altcoins, VET, TON, WTK, NAKA and many more show rising signs but XRP and JASMY are taking the lead.
In particular for XRP, one analyst believes the next crucial price target for XRP begins at $2.9. This is a target close to XRP’s previously set ATH at $3.84, according to CoinMarketCap analytics. The same analyst believes XRP can hit a higher target of $16.10 in the same rally.
Similarly, another analyst says XRP is just on the verge of a $5 breakout and goes on to share 3 factors that could lead to this outcome. Firstly, the analyst highlights the triangle breakout formation where XRP is poised for a breakout from a symmetrical triangle pattern.
Secondly, he talks about the strong support for XRP. He says there is key support at $0.46 indicating a potential reversal. Thirdly, he draws light to the legal outcome where in the Ripple vs SEC case, XRP could finally gain full legal clarity with the case nearing conclusion.
Indeed, sentiments for XRP price to spike high during the coming golden bull run is very bullish. Another crypto/altcoin community reflecting the sentiment for its own token is JasmyCoin (JASMY).
In the case of JASMY, one analyst believes that the bottom is in for the Bitcoin of Japan. According to CoinMarketCap, the price of JASMY is $0.028 and the analyst believes the bottom has been set at $0.027.
In the eyes of this analyst the future of JASMY is promising and only green days are ahead. In fact, this analyst says that the next crucial mark for JASMY is $0.05 – $0.08. All in all, both the XRP Army and JASMY community are bullish for the coming months.
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