JasmyCoin

Date: Mon, July 14, 2025 | 05:10 AM GMTThe cryptocurrency market has entered historic territory today, with Bitcoin (BTC) soaring to a new all-time high of $121,000. Ethereum (ETH) is riding this bullish momentum too, posting an 18% weekly gain. This wave of bullishness is lifting major <a href="https://coinsprobe.com/algorand-algo-to-rally-higher-this-emerging-fractal-signaling-potential-upside-move/" rel="noopener noreferrer nofollow">altcoins</a> including Jasmycoin (JASMY).JASMY has jumped 12% today, pushing its weekly gains to 38%. While that alone is impressive, what’s catching traders’ attention is a key technical pattern quietly unfolding on the chart — a harmonic setup known as the Bearish Bat. This pattern is often associated with a strong price rally before it reaches completion.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/a461337818bc4b4e8769ce62d64c127c.png" />Source: Coinmarketcap<h3 id="harmonic-pattern-hints-at-bullish-continuation">Harmonic Pattern Hints at Bullish Continuation</h3>On the daily chart, JASMY appears to be forming a Bearish Bat harmonic pattern, which typically forecasts upward movement during its CD leg — the final stretch of the formation.The pattern began near $0.041 at point X, dropped to point A, rebounded to point B, and then declined again to point C around the $0.010 level. Since then, the token has started to recover, climbing back toward $0.017. At the moment, JASMY is testing its 200-day moving average at $0.01874, which is a critical resistance point.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/4d4a1994c9744216985e2dc6cc7140ea.png" />Jasmycoin (JASMY) Daily Chart/Coinsprobe (Source: Tradingview)Based on harmonic theory, the final upward leg toward point D could lead the token into the Potential Reversal Zone (PRZ), a region between $0.03751 and $0.04127. This implies more than 140% potential upside from the current price level if the pattern plays out.<h3 id="what-s-next-for-jasmy">What’s Next for JASMY?</h3>For JASMY to continue this bullish trajectory, it needs to decisively break above the 200-day moving average and sustain that level with strong trading volume. A successful breakout would likely accelerate momentum, driving the price toward the projected target zone where the harmonic pattern completes.However, caution is still warranted. A drop below key support at $0.011 could invalidate the setup and delay any continuation of the rally.Disclaimer: This article is for informational purposes only and reflects the writer’s personal views. It should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.Also Read: <a href="https://coinsprobe.com/is-pepe-pepe-gearing-up-for-a-bullish-rally-this-fractal-saying-yes/" rel="noopener noreferrer nofollow">Is Pepe (PEPE) Gearing Up For A Bullish Rally? This Fractal Saying Yes!</a>

Jasmycoin (JASMY) To Soar Higher? Key Harmonic Pattern Signals Potential Upside Move

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