- JasmyCoin breaks key resistance, signaling the end of a long downtrend.
- Golden cross and Cup & Handle patterns suggest significant upside potential for JASMY.
- Fibonacci levels predict a 145% gain, with targets at $0.0717 and $0.1303.
JasmyCoin is turning heads with massive gains this year. After a two-year consolidation, the token has surged over 500%. Recent technical patterns suggest even bigger moves ahead. The “Cup and Handle” formation and a rare golden cross hint at more upside. With Fibonacci levels predicting a 145% gain, JasmyCoin could be primed for a breakout. Investors are watching closely as this opportunity looks too good to ignore.
Fibonacci Levels Show Ambitious Targets
Fibonacci retracement levels highlight upside targets at $0.0717 and $0.1303. These levels suggest a potential 145% gain. Even with a pullback to $0.03555, the broader trend remains bullish. Trading volume has surged, reflecting increased interest in JasmyCoin. The breakout from a two-year consolidation has reignited enthusiasm among investors.
Many believe the next move could be the long-awaited God candle, propelling the token to new highs.JasmyCoin offers a rare chance for traders to capitalize on a powerful setup. With bullish signals aligning, the token looks ready for significant growth. This could be the moment to act before JasmyCoin reaches the next level.
Key Technical Patterns Signal Strength
JasmyCoin has broken through crucial resistance levels. Recent moves above $0.032 and $0.050 marked the end of a long downward trend. A strong bullish candle confirmed this shift, sparking renewed confidence among traders.
The daily chart shows a clear Cup and Handle pattern. This bullish structure suggests momentum is building. A rounding bottom near $0.016 further supports the likelihood of continued gains. Since early November, the token has soared 260%, leaving its consolidation zone behind.
The golden cross, where the 100-day EMA crosses above the 200-day EMA, adds fuel to the bullish outlook. This rare event often signals sustained growth. The MACD also confirms strength with rising lines and expanding positive histograms.
The post Golden Cross and Cup & Handle Predict Major Upside for JASMY appeared first on Crypto News Land.
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