- JASMY bull target set at $4.478 as altcoin shows major strength.
- The analyst also highlights the massive volume surge for JASMY as well.
- JasmyCoin remains one of the most bullish altcoins for the coming altseason peak.
The crypto market hopes to see the ongoing market recovery pivot into a promising pump that’ll take the price of BTC back to the $90,000 price range before breaking through the 6-digit barrier once again. Following after, analysts hope to see the price of ETH pump to usher in altseason. After all, several altcoin are already showing bullish indicators on their respective price charts. One analyst sets a JASMY bull target at $4.478.
JASMY Bull Target Set at $4.478
The crypto market has been waiting patiently for the arrival of the peak altseason phase. This phase should have arrived in Q1 of 2025 especially considering that every altseason peak phase has occurred in Q1 following the Bitcoin Halving event of that bull cycle. This year however, it seems that the crypto market has delayed this long-awaited and highly anticipated altseason phase.
As for why altseason has been delayed this cycle, analysts share differing views. The first is that the classic 4-year cycle blueprint is no longer in play and that the crypto market is evolving based on market changes and expanding crypto adoption. The second adhered to the fact that BTC price hit new ATHs much earlier this bull cycle and needed to go through a market correction before allowing altseason to occur, thus causing the delay.
Whatever is the more popular theory, one fact both views agree on is that altseason peak will occur no matter what as a cycle cannot complete without it. Having said that another major indicator supporting that altseason will pump comes from the actions of various altcoins themselves. So far, almost every altcoin is showing strong bullish indicators and pump signals on their price charts suggesting an explosive pump soon.
However, despite the signs nothings has occurred yet and so all eyes are on Ethereum as ETH is expected to lead the charge and analysts believe that an ETH pump and new ATHs will act as a trigger for altseason to kick off allowing new ATHs for several potential altcoins. One of these altcoins showing strong bullish indicators is the asset known as the Bitcoin of Japan, JasmyCoin (JASMY).
As we can see from the post above, this analyst has set a JASMY bull target of $4.47842 for the ongoing crypto bull cycle. He goes on to state that the altcoin has seen another massive pump in volume showing the asset’s return in strength and expects it to pump till it breaks out of a key breakout level. The post also adds that more pullbacks will only fuel a greater wave up as the cycle continues.
