The crypto market sentiment slips slightly from greed to neutral following Durov’s arrest.
While TON price fell, BTC price has reclaimed the $64,000 target.
Many altcoins like JASMY show bullish signals that could take the price to $1.20.
Bitcoin (BTC) has fueled bullish sentiment in the crypto market. With BTC price having reclaimed the $64,000 price mark, altcoins are more bullish than ever. Despite the FUD sparking in the arrest of Durov, the sentiment for a bullish rally is still strong.
Market Sentiment Shifts From Greed to Neutral
Yesterday the Crypto and Green Index took the crypto market to the Greed phase but with the new FUD growing from the fall of TON price following Durov’s arrest, the market has now shifted to a Neutral phase.
Yet, sentiments for altcoins to follow Bitcoin’s lead and usher in new ATH in the long-awaited altseason are higher than ever. While crypto analysts look closer at altcoin charts to see which altcoins will perform best in the bull run phase of the ongoing crypto bull cycle, JasmyCoin (JASMY) stands out.
https://twitter.com/cryptofrontio/status/1827064388181745848
According to the post above, one crypto analyst and JASMY enthusiast notice an interesting possible trend run coming for the price of JASMY. The analyst goes on to explain his expectations in detail in a video.
JASMY Leads Bullish Sentiment for Altseason Arrival
Overall, the analyst believes that the price of JASMY is on the road to hit $1.2 price and believes the pump towards this price is finally underway. He expects the next targets for the asset to be $0.54 and then $1.20.
The analyst points out to many waves having printed and will print on the JASMY price chart and marks that the asset is showing many bullish signs. He says the asset has held a major resistance level many times and it is only a matter of time until the asset pumps. Presently, the price of JASMY is $0.022 based on CoinMarketCap analytics. The asset also boasts a total market cap of $1,113,180,990 and a 24-hour trading volume of $88,429,202.
The post JASMY on Path to Hit $1.20, Analyst Expects Bullish Altcoin Action Despite the FUD Sparking From TON Price Dip appeared first on Crypto News Land.
