A Strong Rise Awaits in JasmyCoin (JASMY)
Zeberg is particularly bullish on JASMY, the mainnet asset of JasmyCoin, a Blockchain project focused on personal data storage. He believes that the decline in DXY and bond yields will pave the way for JASMY's next bullish phase, potentially bringing significant gains.
Using Elliott Wave theory, Zeberg predicted a five-wave upward movement for JASMY, stating that the current phase probably corresponds to the third wave. He emphasized that technical indicators such as Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicate a reversal of the downtrend on the daily chart, indicating an uptrend.
Zeberg emphasized that there is a significant upward potential in JASMY's price and drew some parallels with previous price increases. He expressed confidence in the altcoin's upward trajectory while encouraging investors to consider participating in the rally. The analyst expects JASMY to rise to $1.28.
As of current data, JASMY is trading at $0.02 and the data shows a significant rise in the price of the altcoin in the last 24 hours.