CoinMarketCap: Read what our contributors have to say. This content is provided by the community. DYOR!
JASMY Confirms Hidden Bullish Divergence Pattern Exhibiting Major Strength Concealed Within Prices
Table of Contents
Market Musing-g

JASMY Confirms Hidden Bullish Divergence Pattern Exhibiting Major Strength Concealed Within Prices

Crypto News Land
By Crypto News Land
Created 21 days ago, last updated 20 days ago
3 mins read
JASMY Confirms Hidden Bullish Divergence Pattern Exhibiting Major Strength Concealed Within Prices
  • Bitcoin continues its slow ongoing sideways movement leading to fall in sentiment. 
  • Crypto market shifts from ‘Extreme Greed’ to ‘Greed’ phase. 
  • Altcoin JASMY confirms a hidden bullish divergence pattern.
Bitcoin continues its slow sideways movement and remains in the $97,000 price mark. With no bullish pumps this week, several altcoin prices have also begun to fall short, most after having celebrated major breakouts last week. This in turn has led to a slightly less bullish sentiment. 

Market Sentiment Drops to ‘Greed’ Sentiment

In detail, the Crypto Fear & Greed Index points to a score of 74 marking ‘Greed’ sentiment, a fall from the ‘Extreme Greed’ sentiment of the previous few days. Despite the fall in sentiment and the fall in crypto prices, many altcoins have held strong and are holding at a fair price instead of dumping to much lower price levels. 
Accordingly, several analysts remain just as bullish as the previous few week when Bitcoin set its previous ATH at $103,900.47, the pioneer crypto asset’s first-ever 6-digit ATH. Now, the expectation for BTC is that the asset will move between $90,000 to $110,000 until it will surge to set a new ATH at $125,000 by January and February

JASMY Chart Confirms Bullish Surge Indicators

https://twitter.com/JavonTM1/status/1866513476643967271

Meanwhile, analysts are also raising expectations for altcoins due to the early start of altseason. In particular, the analyst in the post above marks a bullish pattern forming for the Bitcoin of Japan, JASMY. 

He says the altcoin's 2-hour chart recently confirmed a textbook Hidden Bullish Divergence suggesting major strength concealed within prices despite the recent pullback. All in all, the analyst expects explosive gains incoming for JASMY price.
0 likes
|

Other articles published on Dec 11, 2024

Market Musing-g

‘They can get you if they want you’ — Roger Ver breaks silence after arrest with Tucker Carlson, ...

Bitcoin pioneer and early investor Roger Ver, known to many in crypto as ‘Bitcoin Jesus,’ broke a six-month media silence on Tuesday to talk with political commentator Tucker Carlson about bitcoin,...
By Cryptopolitan_News
21 days ago
6 mins read
Market Musing-g

Who is the Upcoming White House AI and Crypto Czar, David Sacks?

Sacks, a Silicon Valley veteran and former PayPal COO, will guide policy on artificial intelligence and cryptocurrency, aiming to position the U.S. as a global leader in both sectors.
By BSCN
21 days ago
3 mins read
Market Musing-g

Coinbase Premium Stays High Despite Bitcoin Slump, What Now?

Coinbase Premium, a metric representing the percentage difference between the price of Bitcoin (BTC) on Coinbase Pro and Binance, has continued to surge despite a dip in BTC’s price. In a striking ...
By Thecoinrepublic.com
20 days ago
4 mins read
Announcements

BTFD Coin, Neiro, and Notcoin: Top Meme Coins for Growth

BTFD Coin, Neiro, and Notcoin are top meme coins with strong presale growth and community momentum. Invest now for potential massive returns!
By The Crypto Times
21 days ago
4 mins read
Market Musing-g

Majority of altcoins may see a 'slow bleed' until late January 2025: VC

Following large crypto market liquidations, venture capitalist Felix Hartmann says the majority of altcoins may “slow bleed” until late January 2025.
By Cointelegraph
21 days ago
4 mins read
Market Musing-g

XRP, SOL keep stunning the crypto market; This newcomer may rival them

XRP's meteoric rise steals the show in a bullish crypto market, but Rollblock emerges as a stable, long-term opportunity for investors seeking sustainable growth amid the volatility. #partnercontent
By crypto.news
20 days ago
4 mins read

Join the thousands already learning crypto!

Join our free newsletter for daily crypto updates!