- Analysts predict JASMY could see a 100x price surge this bull cycle, driven by high buying volumes and bullish technical metrics.
- Bitcoin remains steady between $90,000 and $110,000, potentially hitting $125,000–$135,000 as market momentum builds.
- Ethereum targets $10,000–$11,000, signaling an alt season as coins like JASMY and other altcoins display strong potential for new highs.
Bitcoin’s price continues to move sideways within the $90,000 to $110,000 range, signaling consolidation before a potential breakout. Analysts predict the leading cryptocurrency could surge to new highs, aiming for a price range between $125,000 and $135,000 in the coming days.
Besides Bitcoin’s steady performance, altcoins are starting to exhibit strong bullish momentum, with many showing signs of breaking their all-time highs. The market’s recent trends suggest that an alt season may have already begun, much earlier than anticipated.
Ethereum and Other Altcoins Eye New Highs
Ethereum (ETH) is among the top-performing altcoins, preparing to hit a potential target of $10,000 to $11,000. The positive sentiment surrounding Ethereum extends to several other altcoins, as they demonstrate promising growth metrics.
Moreover, analysts have highlighted that altcoins are gaining significant traction due to increasing buying volumes and consistent price breakouts. This trend underscores the broader bullish sentiment prevailing across the cryptocurrency market.
JASMY Coin Gathers Momentum for Massive Surge
One standout performer in the altcoin space is JasmyCoin (JASMY), often referred to as the “Bitcoin of Japan.” Analysts note that since its major breakout in 2023, JASMY has consistently demonstrated resilience, defying market odds. The asset recorded a remarkable 1,800% price increase during its earlier breakout, setting the stage for even greater potential gains this cycle.
Significantly, recent trading data shows that JASMY is experiencing some of its highest buying volumes to date. This activity suggests the coin is poised for another substantial rally, with analysts forecasting a potential 100x price increase.
Analysts emphasize the importance of monitoring key metrics, including buying volume, lower timeframe (LTF) bullish divergences, and consolidation patterns. These indicators reinforce the likelihood of further upward movement for JASMY.
Additionally, technical charts reveal strong support levels and breakout zones that could propel JASMY’s price toward the $4.4784 mark in the near term. This development has solidified JASMY’s position as one of the most promising assets in the current market cycle.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.