- Altcoins show strong bullish patterns despite Bitcoin’s dip to $68,000.
- The Bitcoin of Japan, JasmyCoin (JASMY) holds a strong support line.
- Analyst says $0.62 price target for JASMY is likely by 2025.
Bitcoin maintains positive and bullish market sentiment as the pioneer crypto asset continues to hold strong at the $68,000 price level. Adding to the bullish state of the crypto market are the high expectations for the commencement of altseason that is likely to follow Bitcoin’s new ATH which analysts expect to see by the end of Q4.
Bitcoin and Altcoins Remain Bullish
Altseason is likely to usher in a number of new ATHs for the more popular and capable altcoins in the market. However, altseason is only expected to start after Bitcoin price pumps to set new ATHs. These BTC ATH predictions extend from BTC hitting $100,000 by the end of Q4 2024 to BTC hitting $550,000 by 2026.
Meanwhile, several potential altcoins are showing highly bullish indicators on their price charts. For instance, altcoins like SHIB, XRP, ADA, VET, DOGE, and ETH are all printing bullish signals on their price charts from golden crosses, cup and handle formations, inverted shoulder patterns, and much more.
JASMY Pump to $0.62 Nears for 2025
Adding on to the bullish expectations, some popular altcoins like JUP, SUI, and FET have started to pump. Presently, many analysts are keeping their sights on other potential altcoins that could also pump hard when altseason arrives. One such altcoin is the Bitcoin of Japan, JasmyCoin (JASMY).
This altcoin has shown many bullish indicators so far. The latest of these includes JASMY price maintaining the same support line as it goes on to test another. Analysts and traders are hoping the altcoin can hold the line. As we can see from the post above another analyst notices JASMY nearing a breakout after two years of accumulation with potential targets of $0.62 by 2025.
The post $0.62 JASMY Price Target Nears as Analysts Notice the Altcoin Holding a Strong Support Line appeared first on Crypto News Land.
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