Solana and JasmyCoin are seen as the top two crypto that could outperform this cycle.
SOL price is expected to beat $4,000 and outperform ETH.
JASMY is expected to outperform ADA and hit a new ATH.
As the crypto market swings to the recovery stage, analysts try to find which altcoin will perform the best in the coming months. The top two assets on their watchlist at the moment are Solana (SOL) and JasmyCoin (JASMY).
Following the anticipated correction for #JASMY, we have corrected lower in a 4th wave in blue, meaning we should get 5th wave up in blue to complete the larger fractal 5th wave red.We could have "nesting" to allow potential further upward movement but this is not expected imo pic.twitter.com/c9ZpCKlEYJ
— Matthew Dixon – CEO Evai (@mdtrade) June 14, 2024
For JASMY, as we can see from the post above, analysts expected an anticipated correction for JASMY. Now, based on the price printed in the charts so far, it looks like JASMY price is repeating a similar pattern to that of its 4th wave.
In line with this, JASMY seems to be printing a similar low which will usher in the 5th wave price spike. Many other popular crypto analysts expect huge price surges for JAMSY. Much like how SOL is set to beat ETH, Jasmy is expected to beat ADA in this crypto bull cycle.
In particular for Solana, this blockchain has been on the top 5 top crypto charts for a long time, it even flipped the BNB Chain for a short time. Based on its active on-chain action analysts believe Solana will perform much like Ethereum did in earlier cycles during this ongoing crypto bull cycle.
According to some, Solana will become the next ETH and will likely surpass the $4000 price mark by next year. To come to this expectation analysts mark similar activity to that of Ethereum over the last cycles.
To highlight, SOL became the first ever chain to trade memes and gained celebrity and political endorsement. Through this it slowly rose in price. Similar to that of ETH’s journey so far, it became the first to launch NFTs and then gained celebrity recognition.
Next step for Solana that could trigger a bullish god candle could be the announcement of SOL ETFs taking it to the price heights of that of ETH at $4,000 and higher. Many analysts expect the price of SOL to make between 10x to 100x gains over the next year.
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The post SOL and JASMY Primed to Outperform ETH and ADA in Coming Crypto Golden Bull Cycle, $4,000 and $5 Highs Soon? appeared first on Crypto News Land.
