Date: Wed, Dec 18, 2024, 12:40 PM GMT
The cryptocurrency market has been experiencing bullish rallies since November. Bitcoin (BTC) has shattered records, reaching an all-time high of $108,000 and igniting a wave of optimism across the market. Riding this bullish trend, JasmyCoin (JASMY), the IoT-focused token, has caught traders’ attention by posting an impressive 107% gain over the last 60 days.
As of today, JasmyCoin (JASMY) is trading at $0.040, reflecting a 7% decline. This pullback, however, appears to be a result of a retest of its recent major breakout—a critical move that could determine the token’s next trajectory.

Source: Coinmarketcap
Analyst Insights
Crypto technical analyst @CryptooELITES shared an in-depth analysis of JasmyCoin’s price chart, highlighting a well-formed Cup-and-Handle pattern on the weekly timeframe. This bullish continuation pattern often signals a significant upward movement once the handle breakout is confirmed.

Source: @CryptooELITES (X)
Here are the key takeaways from the analysis:
1.Pattern Formation: The cup spans nearly 2 years, with a well-rounded base formed from late 2022 to mid-2024. The recent rally broke out above the resistance level around $0.043 forming the “handle” of the pattern.
2.Retest of Breakout: Currently, the price is retesting this breakout zone at $0.038–$0.043, a common technical occurrence after a strong breakout. Such retests are often seen as healthy corrections to confirm strength.
3.Potential Targets: If the handle breakout holds, JASMY’s price could follow the classic pattern projection, reaching potential targets at:
$0.09 (near-term resistance)$0.18 (medium-term target)$0.31 (cup-and-handle full breakout target)
Analysts believe these levels are achievable as long as the overall market momentum remains positive and JasmyCoin sustains its breakout strength. Notably, analysts are expecting approximately 700% growth within 4 months.
Future Outlook
The current retracement in $JASMY price offers an opportunity for bulls to re-enter and build momentum. If buying pressure resumes, the cup-and-handle breakout could pave the way for significant gains in the coming weeks and months.
However, investors should remain cautious, as the price must stay above the critical support zone around $0.040 to validate this bullish outlook. A break below could invalidate the pattern and lead to further downside.
Conclusion
JasmyCoin (JASMY) is at a pivotal point. The well-defined cup-and-handle formation suggests a potential rally to higher targets, with analysts eyeing $0.09, $0.18, and possibly $0.31 in the longer term. With analysts forecasting an approximate 700% growth over the next 4 months. As always, traders should monitor key support and resistance levels and watch for confirmation of the breakout.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult a financial professional before investing in cryptocurrencies
#Jasmycoin #NFA

of JasmyCoin has grown strongly over the past month, with gains of nearly 100%. While price analysts expect that JASMY's price will continue to move higher in the coming weeks and months, one analyst has spotted a price pattern that supports the emergence of a positive wave.
Steph is Crypto sees positive price signals
Steph is Crypto, a reputable cryptocurrency trader and analyst, noticed a positive signal in the JASMY price chart. He explored the chart and noted that the EMA bands on the weekly timeframe had turned positive.

$JASMY
JasmyCoin (JASMY) is a blockchain-based digital currency used on the Jasmy platform, which aims to empower users to control their personal data in a secure and decentralized environment. Jasmy is known for combining Internet of Things (IoT) and blockchain technology to provide innovative solutions.
The most important information about JasmyCoin:
1. Platform and Technology:

#JasmyCoin Surges to 52-Week High: Can It Reach $0.0717?
#JasmyCoinJourney has captured significant attention with a market cap of $2,563,006,429 and a 24-hour trading volume of $2,181,194,443, highlighting strong investor enthusiasm. Over the past month, it has decisively broken a persistent resistance trendline, marking an end to its lower-high #trend pattern.
#JasmyCoin: Price Chart

But can JasmyCoin’s recovery momentum push it past a crucial psychological level? Here’s an in-depth look at the latest JasmyCoin price trends.
#Jasmyusdt⚠️⚠️ Price #trends
On the daily chart, #JasmyCoin displays a rounding bottom reversal pattern. Its recent parabolic price rise started from the critical support level of $0.016. Since November 5, the price has surged approximately 224%.
This bullish momentum propelled #JasmyCoin beyond significant supply zones at $0.032 and $0.050. With an intraday gain of 1.23%, the token has logged its ninth consecutive bullish candle.
The sustained upward streak has driven a 145% price surge, breaking through the 1.272 Fibonacci level at $0.0522. The current minor pullback aligns with a retest of the recently breached resistance level, solidifying its position. Moreover, JasmyCoin has achieved a new 52-week high, touching $0.059068.
Technical Analysis and Future #Targets
The ongoing recovery has triggered a golden crossover, alongside a positive crossover of the 100-day and 200-day EMA lines, reinforcing the bullish outlook. Furthermore, the MACD indicator reveals strong upward momentum, with the MACD and signal lines showcasing growth accompanied by increasing positive histograms.
Fibonacci retracement levels suggest potential upside targets of $0.0717 and $0.1303, signaling a possible 145% growth. However, if #JasmyCoin faces rejection, it might revisit the 78.60% Fibonacci level at $0.03353, which could act as strong support.
- Upside Targets: Fibonacci analysis points to $0.0717 and $0.1303 as key targets, offering significant growth potential.
- Current Performance: JasmyCoin’s price has soared nearly 224% over the past month, achieving a new 52-week high of $0.059068.
- Downside Risks: If rejected, the price could drop to the 78.60% Fibonacci level at $0.03353, serving as a safety net.
JasmyCoin’s impressive recovery rally and technical indicators suggest continued bullish momentum. Investors should monitor key support and resistance levels while evaluating potential risks and opportunities in the current market environment.
Should we invest more in #Jasmy and hold it till #2025 waiting your thoughts in the comments.

Date: Thu, Dec 05, 2024, 07:01 AM GMT
The cryptocurrency market continues to deliver surprises, with Bitcoin (BTC) making history today by crossing the $100,000 mark. This milestone has spurred bullish sentiment across the crypto space, pushing altcoins into solid rallies.
Among the top gainers, Jasmycoin (JASMY), the native token of the Jasmy IoT platform, has captured investors’ attention after completing a textbook cup and handle pattern breakout on its daily chart.
Following the breakout, $JASMY has surged by over 17%, trading at $0.04667 with a market capitalization of $2.30 billion. Weekly gains for the token now stand at a staggering 84%, as the altcoin continues to lead the bullish wave.

Source: Coinmarketcap
Cup & Handle Breakout
JASMY had been consolidating in a cup and handle pattern since March 2022, a formation widely recognized as a bullish continuation pattern. Today, JASMY finally broke through the critical neckline resistance (marked by the blue trendline) at $0.04343, signaling a major breakout that could set the stage for further upside.

Is A Big Rally Ahead?
With this breakout, JASMY appears poised for a substantial rally if bullish momentum sustains. The next key level to watch is the horizontal resistance at $0.049. Should JASMY break above this zone, the token could initiate a fresh bullish leg that may drive its price toward the psychological level of $0.10.
A move to $0.10 would represent an upside of over 120% from the current price, making JASMY a token to watch closely in the coming weeks.
Final Thoughts
JASMY's major breakout, combined with Bitcoin's dominance showing signs of decline, indicates a promising setup for further bullish momentum. However, investors are advised to remain cautious and keep an eye on key resistance levels and overall market dynamics. While the potential for gains is enticing, proper risk management remains crucial in this volatile market.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
#Jasmycoin #NFA