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.#StartInvestingInCrypto
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.
He said this was a very positive signal for JASMY and continued his detailed analysis. He notes that a similar positive move in 2023 was followed by a larger 700% rally to the upside.#binance
This important comeback has been going on for several weeks and months, and now he believes that with this repeating pattern, JASMY's price could register a major positive wave in the coming months.
The price increase will not happen immediately
He noted that this increase will not happen immediately as JASMY is currently overbought and it will take time to prepare for a major increase. He also mentioned some resistance levels that can be difficult to overcome.#jasmycoin
However, if these resistance areas can be overcome, JASMY's price will increase much faster. Additionally, another JASMY trader mentioned that the next increase could take the price of JASMY to $0.67.
With active participation from the CFO and CEO of JASMY, they shared the expectation that the price of JASMY will reach 17 USD by 2026. This is a big target as many predict that JASMY will reach its highest price is 10 USD after the announcement of cooperation with Apple.