- VeChain (VET) breaks out of a descending triangle, signaling a 15-20% surge.
- JasmyCoin (JASMY) follows an upward trend, targeting $0.025 support by November.
- Storj (STORJ) could see a 381% rally, backed by Hidden Bullish Divergence.
Bitcoin went up over $67,000 indicating a highly bullish signal for the entire crypto market. This positive sentiment is being reflected on the price charts of many capable altcoins some of which have already begun to surge in price while others are showing bullish signals across the market.
Crypto Market Turns Greedy, Altcoins Surge Soon?
This spike in Bitcoin price has pushed the crypto market into a Greedy state according to the Crypto Fear & Greed Index. With a score of 73 at the present time, the crypto market is in a highly bullish state and altcoins are preparing for a major rally as the imminent arrival of a bullish altseason approaches.
To specify VeChain (VET), JasmyCoin (JASMY), and STORJ are all flashing bullish green signals. In detail, VeChain (VET) seems to be currently breaking out of a textbook descending triangle pattern, showing remarkable strength despite market volatility.
Adding on, the analyst in the post above explains how technical indicators suggest room for growth, with the RSI sitting at 53.93, indicating further upward potential, and the MACD turning bullish, signaling momentum is building. Thus, he predicts a 15-20% surge in the near term.
VET, JASMY, and STORJ Take the Lead
Similarly, JasmyCoin (JASMY) continues to follow a price trajectory initially outlined in August. If the trend holds, analysts expect JASMY to hit a support level of $0.025 by November and test $0.045 by December, suggesting further growth for patient investors.
Lastly, Storj (STORJ) is also showing strong recovery after confirming a Hidden Bullish Divergence. With the breakout holding, STORJ could see significant upside, with analysts eyeing a potential target of $2.96. This represents a 381% increase from current levels, with a broader 672% rally possible if momentum continues.
