Dogecoin

bullish

Spike

JasmyCoin

<p>Analyst CryptoBullet shared insights into <a href="https://captainaltcoin.com/how-much-will-100000-jasmycoin-jasmy-tokens-be-worth-in-this-bull-run/" target="_blank" rel="noopener noreferrer nofollow">JasmyCoin (JASMY),</a> outlining a conservative outlook for its price trajectory. According to CryptoBullet, JASMY is positioned for a fifth and final upward movement, but extreme targets such as $1 or $3 are deemed unlikely.&nbsp;</p>
<p>Rather, the expert has indicated a target region for this expected last wave that is around $0.085 to $0.125. CryptoBullet employs the Elliot Wave Theory in his analysis, a methodology for forecasting price patterns in financial markets.</p>
<p>Per CryptoBullet, JASMY has already completed four major waves, leaving room for one last rally in Wave 5. Previous waves show strong upward momentum, with Wave 3 displaying the most powerful movement, aligning with typical Elliott Wave behavior.&nbsp;</p>
<p>Currently, JASMY is in a corrective Wave 4, where prices consolidate after the highs of Wave 3. The upcoming Wave 5 is projected to reach between $0.085 and $0.125, with CryptoBullet cautioning against overly optimistic price targets due to market structure and previous performance.</p>
<h2 class="wp-block-heading" id="strong-fibonacci-levels-reinforce-target-zone-strong"><strong>Fibonacci Levels Reinforce Target Zone</strong></h2>
<p>In addition to Elliott Wave analysis, CryptoBullet’s chart incorporates Fibonacci retracement and extension levels to mark support and resistance zones. The 0.5 Fibonacci level aligns with the Wave 4 correction, underscoring this level as a significant retracement for the pullback.&nbsp;</p>
<p>Meanwhile, the 1.618 Fibonacci extension aligns closely with the upper boundary of the projected Wave 5 range at $0.085, reinforcing this target as a feasible high for the next upward move.</p>
<p>CryptoBullet’s target range of $0.085 to $0.125 highlights where potential resistance may emerge. If JASMY reaches this zone, it could experience selling pressure that might end the <a href="https://coinmarketcap.com/currencies/jasmy/" target="_blank" rel="noopener noreferrer nofollow">current upward trend</a>.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also: <a href="https://captainaltcoin.com/dogecoin-doge-could-spike-to-1-if-trump-wins-the-election-heres-why/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Could Spike to $1 If Trump Wins the Election: Here’s Why</a></em></strong></p>
<h2 class="wp-block-heading" id="strong-support-and-resistance-levels-indicate-market-structure-strong"><strong>Support and Resistance Levels Indicate Market Structure</strong></h2>
<p>The current price structure also reflects specific support and resistance zones for JASMY. The $0.015 level, formed during Wave 4, is crucial for sustaining a<a href="https://www.crypto-news-flash.com/jasmy-bullish-outlook-analyst-predicts-1500-surge/" target="_blank" rel="noopener noreferrer nofollow"> bullish outlook</a>.&nbsp;</p>
<p>Should JASMY maintain this support, it may provide the foundation necessary for an upward movement into Wave 5. Conversely, a breakdown below $0.015 could disrupt the expected bullish wave.</p>
<p>In terms of resistance, the $0.085 to $0.125 range, anticipated as the peak of Wave 5, will likely act as a substantial resistance area. If the price advances into this region, JASMY could encounter considerable selling pressure, capping the upward potential.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/is-jasmycoin-jasmy-price-running-out-of-steam-analyst-predicts-limited-upside/" rel="noopener noreferrer nofollow">Is JasmyCoin (JASMY) Price Running Out of Steam? Analyst Predicts Limited Upside&nbsp;</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Is JasmyCoin (JASMY) Price Running Out of Steam? Analyst Predicts Limited Upside

Table of Contents

CaptainAltcoin

Other articles published on Nov 5, 2024

Tron Network Breaks Transaction Volume Records

President Memecoin Index Launched by Hype: Tracking Trump and Harris Election Tokens

Binance Futures Adds PONKEUSDT Perpetual Contract with 75x Leverage

Marathon & Riot Bitcoin Production Rises in October 2024- Report

New Solana Memecoin Donald Beats Kamala (DONALKAM) to Skyrocket 16,000% Ahead of First Exchange L...

Crypto Hacks in October Drain $129 Million – What Went Wrong?

Join our free newsletter for daily crypto updates!