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JASMY Indicates 23,500% Price Pump Alongside FLOKI’s Bullish Breakout Potential, Altseason Steps Closer

CryptonewslandCryptonewsland2024/09/03 09:00
By:Cryptonewsland
  • Altcoins show bullish signals as price charts indicate altseason arrival.
  • JASMY price chart prints lower lows signaling potential bullish continuation.
  • FLOKI chart shows bullish signs signaling a possible uptrend in the coming months.

Bitcoin (BTC) price has reclaimed the $59,000 price level and analysts are hopeful to see BTC price take a higher price level above $60,000. Despite some expectations for Bitcoin price to dip toward the $40,000 level, many analysts are still hoping to see a new ATH for Bitcoin over the $80,000 price mark .

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Bitcoin Price Action Signals Altseason Arrival

In particular, one crypto and Bitcoin analyst mentions that BTC market dominance seems to have peaked at 57.5% with a weekly candle closed at break even. According to this observation, the analyst concludes that altseason is nearly here. In line with this expectation, many altcoins are showing highlight bullish signs. 

Of these bullish altcoins, the most popular taking the spotlight for parabolic pumps today are FLOKI and JASMY . JasmyCoin known as the Bitcoin of Japan is expected to hit an ATH price of $17 according to its team by 2026. However, according to one analyst JASMY is climbing towards a cycle high of $4.47842.

$JASMY (JasmyCoin) and a >235X:

As prices hold Higher Lows while the RSI sets Lower Lows, they hold in a bullish pattern, and with them also broken out keeping the $4.47842 target in play, this may only mean one thing,

a massive bullish continuation towards this target!

Right… https://t.co/uDmBRsN3Ze pic.twitter.com/qgraRDhrtW

— JAVON⚡️MARKS (@JavonTM1) September 2, 2024

From the post above we can see how this analyst expects a 235x during the coming altseason and bull run phase of the ongoing bull cycle. He believes this massive bullish continuation towards the $4.7842 price target is inevitable and supports the expectation with lower lows on the RSI. 

JASMY and FLOKI Shows Bullish Uptrend Potential

JASMY is expected to make a bullish run with 23,500% pump if this bullish momentum continues. Another altcoin that’s also printing bullish signs is FLOKI, a memecoin that transcends memecoin status and already saw a 10x pump earlier this cycle. 

$FLOKI – Anticipating a big breakout 📈

Following my lines, chances to see a bullish breakout of this trend here are high. #floki #trading #bitcoin #dyor pic.twitter.com/XFV1UU6NtQ

— 🧙 Crypto_Jobs🧙‍♂️ TA & FA 🎯 (@CryptoJobs3) September 2, 2024

According to the post above, this analyst anticipates a big breakout for FLOKI. He shares a chart that indicates a possible bullish breakout and could result in a bullish upward trend leading to a new high for FLOKI price.

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Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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