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JASMY Nears Bullish Breaking Point as Analyst Expects Substantial Upward Move in JASMY Price
The cryptocurrency market has been witnessing a series of unpredictable price movements lately, leaving many traders and investors wondering about the next big move. In the midst of this uncertainty, JasmyCoin (JASMY) is drawing attention from the crypto community for its potential to break out and deliver substantial gains.
As reported by Javon Marks, a popular analyst on Twitter, JASMY has been steadily approaching a crucial breaking point. According to his latest tweet, the asset has gotten closer to yet another major breakout, which could potentially result in a massive upward move in JASMY price.
Given JASMY’s previous display of breakouts, it is essential for traders and investors to pay close attention to this development. Based on the analyst’s observation, there is a significant possibility that JASMY will experience a substantial upside move.
The Crypto Fear & Greed Index has been indicating a ‘Greed’ market sentiment lately, which may not be entirely surprising considering Bitcoin (BTC) has reclaimed its $105,000 price target. As this phenomenon continues to play out, the anticipation for a new ATH target of $120,000 only grows more significant.
It’s worth noting that while some analysts have been focusing on the broader cryptocurrency market’s potential for growth, others are now shifting their attention towards highly promising altcoins like JASMY.
The cryptocurrency community is eagerly awaiting the start of February, as it often marks a turning point for altcoin performance. Historical data suggests that every Q1 following a Bitcoin halving year has led to the peak of the altseason.
Source: cryptonewsland.com
