bullish

JasmyCoin

<ul class="wp-block-list">
 <li>Jasmy prices drop as whales sell millions, creating market pressure.</li>  
 <li>Analysts predict a potential 95% rally fueled by bullish technical patterns.</li>  
 <li>Breaking $0.02964 resistance could drive a recovery toward $0.044 and beyond.</li> 
</ul>  
<p><a href="https://cryptonewsland.com/jasmycoin-jasmy-price-prediction-will-jasmy-surge-past-the-0-25-mark-by-2030/" rel="noopener noreferrer nofollow">JasmyCoin (JASMY)</a> has dropped, entering a bearish phase as whales offload large token holdings. One whale sent 57.2 million tokens to Coinbase, suggesting intentions to sell. Others moved $582,000 to Binance and over $3 million to Gate.io. These massive sell-offs create downward pressure on prices. However, many analysts remain hopeful, predicting a strong rebound. Could Jasmy recover and achieve a 95% gain next year?</p>  
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<h2 class="wp-block-heading" id="h-analysts-stay-optimistic-despite-whale-activity">Analysts Stay Optimistic Despite Whale Activity</h2>  
<p>Whale sell-offs often spook traders, given their impact on the market. Recent sales have sent shockwaves, yet analysts believe a recovery is possible.Analysts predict Jasmy could hit $0.05 this month and climb to $0.20 by March.</p>  
<p>Some expect prices to touch $1 by June, marking a potential 4,900% rally. Another analyst points to a <a href="https://cryptonewsland.com/mastering-cryptos-hidden-signals-5-chart-patterns-that-could-skyrocket-your-profits/" rel="noopener noreferrer nofollow">cup-and-handle pattern</a> forming on the daily chart, a reliable indicator of future growth. This pattern, known for signaling bullish trends, adds weight to positive forecasts.</p>  
<h2 class="wp-block-heading" id="h-technical-patterns-signal-a-possible-rebound">Technical Patterns Signal a Possible Rebound</h2>  
<p>Jasmy’s charts reveal an inverse head-and-shoulders pattern, a sign of bullish momentum. The head is at $0.016, while the shoulders rest near $0.020. This setup suggests a potential price reversal in the coming weeks. The coin is also nearing a golden cross, where the 50-day <a href="https://www.investopedia.com/terms/m/movingaverage.asp" rel="noopener noreferrer nofollow">moving average</a> crosses above the 200-day average.</p>  
<p>This technical indicator historically predicts strong rallies. For example, the last <a href="https://www.nasdaq.com/glossary/g/golden-cross" rel="noopener noreferrer nofollow">golden cross</a> in November saw Jasmy prices soar by 830%. Breaking above $0.02964, last week’s high, could signal the start of another rally. Analysts believe this could lead to a jump toward $0.044, a 90% increase from current levels.</p>  
<p>Clearing this resistance would pave the way for further gains in 2024. Despite recent whale sell-offs, Jasmy retains strong rebound potential. Technical signals and optimistic forecasts suggest a 95% gain remains achievable next year. However, price movement in the coming weeks will be crucial in shaping future momentum.</p>   
<p>The post <a href="https://cryptonewsland.com/whale-sell-off-pressures-jasmy/" rel="noopener noreferrer nofollow">Whale Sell-Off Pressures Jasmy: Is a 95% Gain Still Achievable in 2024?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Whale Sell-Off Pressures Jasmy: Is a 95% Gain Still Achievable in 2024?

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