Crypto

Jasmycoin ready to explode after correction? The analyst sees an enormous escape to come

Jasmycoin has dropped down pressure, but it could finally change. According to Quantum ascentA cryptographic analyst well followed on X, the correction phase seems to be complete. He explained this using a graphic analysis which shows an ABC corrective structure.

In its ventilation, the last wave C ended directly on the 0.618 Fibonacci levelwhich is a common trace area for cryptographic rebounds. This wave C also completed five smaller submarines, which generally signals the end of a correction in the theory of waves.

@quantum_ascence / x

All this decision also landed in the same area as the bottom of what it calls the average wave 2, another signal that the market can now move upwards. Quantum Ascend says it expects a spare rally, with a key resistance area between $ 0.018 and $ 0.020. If the price of Jasmy is exceeded above this level, a new upward wave could follow.

He also added that Jasmycoin represents 25% of his current portfolio, showing his personal conviction in the token token for this cycle.

The analyst predicts a much more important decision for Jasmy Price

While short -term analysis focuses on the breakdown of resistance between $ 0.018 and $ 0.020, another analyst thinks that Jasmy has much more increase in the coming months. According to CryptoWho also posted on X, Jasmycoin could go as high as 40x at 80x of current levels. Its prospects are linked to the wider cryptography market reaching a market capitalization of 5 billions of dollars during this Bull Run.

He stresses that retail investors still await mainly on the sidelines. But if even 1 billion of dollars in retail trade flows on the market, the fear of missing (FOMO) could push altcoins like Jasmycoin in an explosive territory. His excitement reflects the growing feeling that Alts-season could quickly send tokens undervalued to new heights.

Jasmy Prix Perspectives in 2025

The current price of Jasmycoin is still relatively low compared to its previous heights. But with technical signs and bullish analysts calling for a major rally, things could change quickly. If Jasmy is able to switch the level of $ 0.020 in support, this would confirm the end of the correction and possibly open the door to a greater race.

Read also: at what height can the KAS price go in 2025 if the binance and the Coinbase list are Kaspa?

Between the strong support of the fibonacci, the structure of the upward waves and the positive feeling of the market, many believe that Jasmycoin is preparing for a powerful upward movement. Whether it is a short -term rebound or a long -term escape, traders are looking closely at the price of Jasmy now.

The correction seems complete and several analysts align with a bullish perspective. If Jasmycoin breaks the resistance range from $ 0.018 to $ 0.020, we can soon see much higher levels. Whether it is a 2x or something closer to the 40x prediction, the next few weeks could be essential for the future of Jasmy Price.

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