- The JASMY price chart prints a highly bullish flip event.
- The last time this signal came about, JASMY price shot up by 700%.
- JASMY price analyst expects a steady yet massive bullish spike in the coming months.
JasmyCoin’s JASMY is performing exponentially well over the last month with almost 100% increase during this time. As price analysts expect the price of JASMY to go much higher in the coming weeks and months, one analyst finds a price pattern to support the coming of a bullish wave.
In detail, Steph is Crypto, a reputed crypto trader and analyst notices a bullish signal in the JASMY price chart. He explores the chart and notes that the EMA ribbons on the weekly time frame have flipped bullish.
He says this is a very bullish sign for JASMY and goes on to zoom in to the chart. He marks how a bullish flip in 2023 similar to this pattern was followed by a massive price rally of over 700% towards the upside.
This significant return in price action happened over a few weeks and months and now he believes with the pattern repeating itself, the price of JASMY could see a massive bullish wave in the next few months.
He makes it clear that this spike will not happen immediately because JASMY is presently overbought and will take its time for the massive bull wave to load. He mentions a few resistance levels that could be challenging to break.
However, if these areas of resistance can be overcome then the price of JASMY will shoot higher much faster. Adding weight to the prediction, another JASMY trader mentions that the next notable hike could take JASMY price to the $0.67 price mark.
Adding to the bullish momentum, the CFO and CEO of JASMY share a bullish expectation for JASMY price to hit $17 by 2026. This is a big number considering many expect JASMY to hit a high of $10 after the Apple collaboration announcement. It looks like the JASMY team has higher goals.
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