Date: Tue, Jan 07, 2025, 11:54 AM GMT
As the cryptocurrency market kicks off the new year, notable upside momentum is being observed among altcoins, driven by Bitcoin’s (BTC) impressive climb from its December 31 low of $92K to its current price above the $100K milestone. This shift has provided a favorable rebound for major altcoins after last month's correction.
Following the momentum, JasmyCoin (JASMY) is experiencing a significant recovery, climbing over 16% in the past seven days.

Source: Coinmarketcap
This surge has brought its price to a critical resistance level, hinting at a potential breakout, according to the latest analysis by prominent crypto analyst @Steph_iscrypto.
Double Bottom: A Bullish Signal?
According to the analyst, the double bottom pattern forming on the $JASMY chart is signaling a potential bullish breakout in the short term.

JasmyCoin (JASMY) Chart / Source: @Steph_iscrypto (X)
The chart clearly highlights two distinct lows at similar price levels, confirming the double bottom structure. Currently, the price is trading at $0.038 and testing the neckline resistance at $0.041, which is a critical level that analysts are closely monitoring.
If JasmyCoin manages to break above this resistance, it could potentially rally toward a projected target of $0.05103. This target is calculated by measuring the height of the double bottom pattern and projecting it upward from the neckline.
An analyst commented, "Double bottom breakout looming for #Jasmy in the short term!" They stress that increased trading volume during the breakout would be a key factor in confirming upward momentum.
What Lies Ahead for JasmyCoin?
As the price hovers near the neckline resistance, several key levels are being closely watched. The neckline at $0.041serves as the critical breakout point, while the breakout target is projected at $0.05103. On the downside, the previous lows act as a support zone, offering a safety net if the price retraces before attempting another breakout.
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Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Jasmycoin #NFA

Date: Tue, Dec 31, 2024, 07:35 AM GMT
In the cryptocurrency market, the bearish clouds of correction that have dominated December have caused significant retracements across major tokens. Bitcoin (BTC), after hitting a record high of $108K, has slid to $92K. JasmyCoin (JASMY), one of the altcoins that experienced an impressive rally in November, is also witnessing a retracement. Its monthly gains have shrunk to just 11%, and it is currently trading at $0.3179.

Source: Coinmarketcap
Analyst Highlights Key Setup
Chart analyst @Notofworks7 has identified a Bullish Bat Harmonic Pattern on JasmyCoin's chart, suggesting a potential price reversal in the coming days. The pattern is a widely recognized harmonic structure that traders use to predict market movements.

Source: @Notofworks7 (X)
Key highlights of the Bat Harmonic setup:
XA Leg: The price peaked at the $0.06 level before starting its downward retracement, marking the first leg of the harmonic pattern.AB Leg: A correction occurred at the 42.8% Fibonacci retracement level, which aligns with Bat pattern requirements.BC Leg: The price bounced off the 75.4% Fibonacci level, maintaining structural integrity for the harmonic.CD Leg: The final retracement is approaching the 88.2% Fibonacci level, marked at approximately $0.032, which is considered the critical "D" point for a bullish reversal.
The Bat Harmonic pattern indicates that if the price bounces back from the "C" zone, which could drop to as low as 0.886 (just below 3 cents), it might trigger a bullish reversal, potentially driving $JASMY to $0.06 or higher.
Bullish Sentiment Ahead?
While the pattern indicates a bullish setup, it depends on the price holding above the identified support zone and broader market recovery. If successful, JasmyCoin could see a significant rally, especially as its previous rally momentum remains fresh in traders' minds.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Jasmycoin #NFA

of JasmyCoin has grown strongly over the past month, with gains of nearly 100%. While price analysts expect that JASMY's price will continue to move higher in the coming weeks and months, one analyst has spotted a price pattern that supports the emergence of a positive wave.
Steph is Crypto sees positive price signals
Steph is Crypto, a reputable cryptocurrency trader and analyst, noticed a positive signal in the JASMY price chart. He explored the chart and noted that the EMA bands on the weekly timeframe had turned positive.

$JASMY
JasmyCoin (JASMY) is a blockchain-based digital currency used on the Jasmy platform, which aims to empower users to control their personal data in a secure and decentralized environment. Jasmy is known for combining Internet of Things (IoT) and blockchain technology to provide innovative solutions.
The most important information about JasmyCoin:
1. Platform and Technology: