JASMY Price Could See Over 20x Pump This Altseason, Analyst Highlights Bullish Breakout Sign

Altcoin price could see over 20x pump this altseason

Analyst highlights bullish breakout signal on the JASMY price chart.

JASMY continues to be one of this most promising altcoins this bull cycle.

The crypto market shows steady signs of pumping bullishly soon as both pioneer assets, Bitcoin (BTC) and Ethereum (ETH), show bullish indicators of pushing past crucial resistance price levels soon. This bodes well for altcoin prices as well. In particular, one analyst highlights a bullish breakout sign for popular altcoin JASMY. He expects that JASMY price could see over 20x pump this altseason peak phase.

JASMY Price Could See Over 20x Pump This Altseason

The expectations for this bull cycle’s altseason have been a grueling experience for most altcoin holders. This is in huge part due to the fact that altseason and its peak phase should have arrived in Q1 of 2025 based on historic price pump patterns. In detail, every bull cycle’s peak altseason phase has always occurred in Q1 following a Bitcoin Halving year, and 2024 was a Bitcoin Halving year

However, due to unforeseen market deviations, this time, instead of ushering in the altseason peak phase, Q1 of a year following a Bitcoin Halving year did not usher in an altseason peak phase, but rather, it brought in a prolonged correction phase. This phenomenon analysts believe to have been caused by the price of Bitcoin (BTC) hitting a new ATH price before the Bitcoin Halving event even occurred, an event that has never happened before

Now, with the crypto market moving into Q3 of the year, the crypto community grows anxious about the impending altseason phase. How long must they wait for altcoin prices to start pumping. According to many reputed analysts, the prices of altcoins will not pump unless the price of the pioneer altcoin, Ethereum (ETH), pumps first and goes on to set new ATH prices of its own

Promising Altcoins Show Strong Bullish Signals

Presently, ETH has yet to reclaim its previous ATH price before new ATH prices can be set. This leads to more anxious anticipation from the crypto community. On the other hand, several altcoins continue to show bullish pump indicators on their respective price charts as they have since before the bull phase of the ongoing bull cycle began. Analysts are waiting for a trigger to push altcoin prices to new highs soon

In particular, one altcoin is showing massive pump signals, which is JasmyCoin (JASMY). The analyst in the post above says that JASMY price has broken out and recently confirmed a massive Hidden Bullish Divergence with its MACD. This divergence suggests the recent pullback to be temporary and that prices can have an underlying strength, and that the preceding uptrend can continue. The analyst sets a bullish target of over $0.278 for JASMY and expects a 20x pump to get there.