bullish

2024

JasmyCoin

Bitcoin

<p><a href="https://captainaltcoin.com/jasmycoin-price-nears-key-resistance-heres-why-jasmy-bulls-are-optimistic/" target="_blank">JasmyCoin (JASMY) </a>price action is an interesting one as it aims to outperform Bitcoin (BTC) in the coming months. After delivering a return of over 474% against BTC between January and June 2024, JasmyCoin could be gearing up for another major move, as per analyst Javon Marks.&nbsp;</p> 
<p>The analyst suggests that JASMY’s recent sideways price action may be temporary, with a bullish trend potentially on the horizon.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-shows-hidden-bullish-divergence-strong"><strong>Technical Analysis Shows Hidden Bullish Divergence</strong></h2> 
<p>Javon Marks pointed out that JasmyCoin has confirmed a hidden bullish divergence on its JASMY/BTC pair. This indicates a potential continuation of the uptrend seen earlier this year.&nbsp;</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24JASMY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$JASMY</a> (JasmyCoin), after out-running <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> (BTC) by over 474% in early January 2024 to June, is looking to be setting up for another colossal out-performing of BTC as a Hidden Bullish Divergence has been confirmed on the JASMY/BTC pair, suggesting an underlying momentum!… <a href="https://t.co/c6UqfcdbcB" target="_blank" rel="nofollow">pic.twitter.com/c6UqfcdbcB</a></p>— JAVON
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;">MARKS (@JavonTM1) <a href="https://twitter.com/JavonTM1/status/1838321785617682933?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 23, 2024</a>
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<p>Hidden bullish divergence occurs when the price makes a higher low, while indicators, such as the RSI, show a lower low. This technical signal often suggests that the asset is building underlying momentum that could lead to a price increase.</p> 
<p>Marks added that the recent pullback in <a href="https://coinmarketcap.com/currencies/jasmy/" target="_blank">JasmyCoin’s price</a> is likely a pause before the uptrend resumes. This observation aligns with the bullish reversal seen in JasmyCoin’s chart patterns.</p> 
<h2 class="wp-block-heading" id="strong-price-target-for-jasmycoin-set-at-0-2785-strong"><strong>Price Target for JasmyCoin Set at $0.2785</strong></h2> 
<p>In his analysis, Marks set a price target of $0.2785 for JasmyCoin. This target, if reached, would represent an increase of around 1,140% from its current level. While this is not the final target according to Marks, it marks an ambitious goal for the crypto.</p> 
<p>The chart accompanying Marks’ analysis highlights several technical indicators, including a descending broadening wedge pattern, which often signals a trend reversal. The breakout from this pattern supports the possibility of <a href="https://fxdailyreport.com/jasmy-triangle-pattern-signals-potential-breakout-ahead/" target="_blank" rel="nofollow">JasmyCoin</a> continuing its upward movement.</p>  
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/sei-price-explodes-but-will-sei-mirror-sui-and-solanas-runs/" target="_blank"><strong><em>SEI Price Explodes, But Will SEI Mirror SUI and Solana’s Runs?</em></strong><br></a></p> 
<h2 class="wp-block-heading" id="strong-jasmycoin-s-market-performance-against-bitcoin-strong"><strong>JasmyCoin’s Market Performance Against Bitcoin</strong></h2> 
<p>JasmyCoin’s strong performance earlier in the year has interested many traders and investors. Its ability to outperform Bitcoin by a large margin from January to June 2024 has established the crypto as one to watch.&nbsp;</p> 
<p>With the confirmation of hidden bullish divergence and key technical signals, JasmyCoin may once again surpass Bitcoin soon. This potential price surge comes as the crypto market remains volatile.</p> 
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<p>The post <a href="https://captainaltcoin.com/will-jasmycoin-outperform-bitcoin-again-expert-sets-eyes-on-this-next-jasmy-target/">Will JasmyCoin Outperform Bitcoin Again? Expert Sets Eyes On This Next JASMY Target</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Will JasmyCoin Outperform Bitcoin Again? Expert Sets Eyes On This Next JASMY Target

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