Bitcoin price dips slightly to hover in the $62,000 range.
Altcoins remain mostly unaffected, while some experience minor dips.
JASMY dips by 7% in under 24 hours, analysts expect pump to $0.54 as next trend high.
Bitcoin’s slip below $63,000 has led to differing views in the altcoin community. With many analysts advocating for holding strong coins that perform well in dips, many capable altcoins are being thrown under the bus. For instance altcoins like SUI and FET continue to pump despite BTC’s actions. However, altcoins like WTK and JASMY face slight dips following Bitcoin’s slip in price.
To address this issue, several analysts come to the rescue of their favorite tokens. After all, volatility in the crypto market is no surprise to most traders and investors in this industry. Yet, keeping on a cool head and not giving in to FUD is still an elusive practice for many traders, even the seasoned ones.
JASMY Faces 7% Dip in 24 Hours
In terms of popular altcoins expecting major pumps this bull run, the Bitcoin of Japan, JasmyCoin (JASMY) is certainly one advocated for by many analysts in the crypto space. While some are still skeptical of JASMY and categorize it in the scam token list, others are impressed by its many bullish partnerships like that of Apple.
JASMY’s technology has come a long way and Japan is heavily investing in the blockchain sector. With expectations for the bull run to begin in the East this cycle, the possibility of a massive JASMY price pump is not far-fetched, but rather seen an an inevitable pump for many in the crypto space. In fact, the JASMY team themselves expect to see the price of JASMY hit $17 by 2026.
Analysts Remain Bullish on JASMY
https://twitter.com/westcoast_la/status/1842981572892590150
Regarding the present price dip for JASMY, the asset has fallen by 7% in the last 24 hours taking the price of JASMY to $0.018. Despite this dip, JASMY price analysts remain strongly bullish. As we can see from the post above, one analyst expects JASMY to have an action-packed two weeks ahead. Similarly, other analysts call for the next trend target for JASMY at $0.54.
The post JASMY Faces 7% Dip Dropping Price to Below $0.02, Analysts Rally to Deliver Message of Hope appeared first on Crypto News Land.
