- Analysts discuss the next target for the popular altcoin JASMY.
- One analyst believes $1 and $3 may not be possible targets.
- JASMY could hit targets $0.08, $0.125, and $0.2785.
Bitcoin price continues to hold its position at $68,000, this is a strong indicator in the eyes of most popular and reputed crypto analysts in the crypto market. The majority of them remain bullish on Bitcoin’s next move which is likely that the pioneer crypto asset will rise to meet its previous ATH of $73,700.
Bitcoin Strength Inspires Bullish Altseason
Last week BTC price went up as far as $73,400 before dipping back to $68,000 where it continues to hold strong. Expectations for Bitcoin (BTC) to not only recover but to explode towards a major upside and set multiple ATHs gains momentum despite the latest dip. Sentiment for a bullish Q4 has only grown stronger since October followed September’s lead and closed in a bullish green.
This paired with historical data and the many bullish signals forming on the BTC price chart fuels expectations for BTC price to hit a new ATH between $100,000 to $150,000 by the end of 2024. Bitcoin’s awaited pump also fuels bullish sentiment for altcoins to set new ATHs in the coming altseason that will likely commence in Q1 of 2025.
JASMY Hints at Major Pump Action
In particular, the Bitcoin of Japan, JasmyCoin (JASMY) is showing highly bullish signs for a major pump ahead. As we can see from the post above, the analyst marks how JASMY has performed very well this year but may be running out of gas. Thus, he believes that there is only 1 wave left for the asset to pump where the price of JASMY could go as far as $0.08 to $0.125.
https://x.com/JavonTM1/status/1853088326741569808
Meanwhile, another popular analyst believes JASMY’s next target is $0.2785. As we see from the post above, he goes on to explain how JASMY prices have continued to hold well and break out of a much larger structure. This implies that the target mentioned above could still be in play leading to a 16.2x or pump of over +1,500%.
The post Analysts Discuss JASMY’s Next Targets in the Ongoing Bull Cycle, Next Pumps to $0.08, $0.125, and $0.2785? appeared first on Crypto News Land.
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