Dogecoin

bullish

JasmyCoin

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Reversal

<p><a href="https://captainaltcoin.com/jasmycoin-price-nears-key-resistance-heres-why-jasmy-bulls-are-optimistic/" target="_blank" rel="noopener noreferrer nofollow">JasmyCoin (JASMY) price</a> could be set for a surge per an analysis shared by Javon Marks, a top market analyst. According to Marks, JasmyCoin has recently broken out of a Falling Wedge pattern.&nbsp;</p>
<p>Moreover, combined with momentum from the Relative Strength Index (RSI), the breakout suggests the potential for a massive price rally. Marks identified a target price representing a 1,305% increase from its <a href="https://coinmarketcap.com/currencies/jasmy/" target="_blank" rel="noopener noreferrer nofollow">current levels</a>.&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="noopener noreferrer nofollow">$JASMY</a> (JasmyCoin)'s prices are now broken out of the spotted Falling Wedge pattern with the RSI also holding broken out to the upside.<br><br>By multiple metrics (RSI + Price), these prices look as if they can enter a massive continuation toward the $0.2785 target in ANY moment!<br><br>This… <a href="https://t.co/EewASg25SB" target="_blank" rel="noopener noreferrer nofollow">https://t.co/EewASg25SB</a> <a href="https://t.co/I3ArSRAwlD" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/I3ArSRAwlD</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/1844021648745181481?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 9, 2024</a>
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<h3 class="wp-block-heading" id="strong-jasmy-pattern-breakout-signals-bullish-reversal-strong"><strong>JASMY Pattern Breakout Signals Bullish Reversal</strong></h3>
<p>JasmyCoin’s price action recently completed a breakout from a Falling Wedge pattern. This indicator often signals the end of a downward trend and the start of a bullish reversal.&nbsp;</p>
<p>The pattern’s structure, converging trendlines with multiple touchpoints, suggests that the previous selling pressure has weakened. This breakout is a positive sign for traders looking for opportunities in the altcoin market.</p>
<p>The Falling Wedge pattern, confirmed by several interactions with its resistance and support lines, has fueled optimism that JasmyCoin may be on the verge of a major upward move.&nbsp;</p>
<p>Analysts often regard such breakouts as precursors to significant price rallies, adding weight to Marks’ bullish outlook on JASMY.</p>
<h3 class="wp-block-heading" id="strong-rsi-breakout-reinforces-upward-momentum-strong"><strong>RSI Breakout Reinforces Upward Momentum</strong></h3>
<p>Supporting the bullish sentiment is the breakout of JasmyCoin’s RSI, a widely used momentum indicator. The RSI has moved above key resistance levels, indicating that the buying momentum behind <a href="https://www.ccn.com/analysis/crypto/jasmy-horizontal-support-26-decrease/" target="_blank" rel="noopener noreferrer nofollow">JasmyCoin is strengthening</a>.&nbsp;</p>
<p>As this momentum grows, the possibility of a continued price increase becomes more likely, especially when viewed alongside the Falling Wedge breakout.</p>
<p>The combination of price and RSI breakouts enhances the probability of sustained bullish price action. For traders, this is a sign that the coin may experience further gains, building upon the momentum generated by these technical developments.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/why-is-uniswap-uni-price-pumping-2/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Why Is Uniswap (UNI) Price Pumping?</em></strong></a></p>
<h3 class="wp-block-heading" id="strong-expert-eyes-0-2785-target-for-jasmycoin-strong"><strong>Expert Eyes $0.2785 Target for JasmyCoin</strong></h3>
<p>Javon Marks’ analysis has set a price target of $0.2785 for JasmyCoin, which would represent an increase of over 1,305% from current levels. This ambitious target is based on the momentum seen in both price action and the RSI breakout.&nbsp;</p>
<p>Marks believes that this target could be reached swiftly, as JasmyCoin’s setup suggests that the potential continuation could unfold at any moment.</p>
<p>For traders and investors, the combination of a Falling Wedge breakout and RSI momentum adds credibility to this target. Marks has emphasized that this could be a critical moment for JasmyCoin, with the possibility of larger-than-expected gains.</p>
<p>With JASMY displaying bullish signs, the broader market sentiment appears to be aligning with Marks’ analysis. <a href="https://coinedition.com/jasmycoin-and-vechain-price-analysis-a-second-bull-run-in-2024/" target="_blank" rel="noopener noreferrer nofollow">JasmyCoin’s potential upside</a> is of interest, and the $0.2785 target remains in focus for those tracking the altcoin.</p>
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<p>The post <a href="https://captainaltcoin.com/multiple-jasmycoin-metrics-signal-potential-for-a-1305-move-expert-eyes-this-next-jasmy-price-target/" rel="noopener noreferrer nofollow">Multiple JasmyCoin Metrics Signal Potential for a 1,305% Move: Expert Eyes This Next JASMY Price Target</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Multiple JasmyCoin Metrics Signal Potential for a 1,305% Move: Expert Eyes This Next JASMY Price Target

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