JasmyCoin (JASMY) Price Breakout at $0.0074 Signals Potential 14-19x Rally
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 3d ago- Price Breakout: Jasmy's price has broken out of a long compression phase and is currently holding above $0.007474, indicating strong market confidence and the potential for a new upward trend.
- Historical Pattern Reemergence: Analysts highlight that a similar structure previously led to a 14 to 19 times rally, suggesting that the market could experience significant volatility when conditions align favorably for investors.
- Support Level Analysis: As long as Jasmy's price remains above the breakout zone at $0.0074 and continues to form higher lows, the market structure will stay constructive, potentially leading to another expansion phase.
- Risk Warning: Should Jasmy's price fall below $0.0070, it could indicate a failed breakout, likely causing the price to retreat to lower structural levels, necessitating cautious investor response.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
