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JASMY Eyes Major Breakout as FET Aims to Reclaim $2 Price Target, Altcoins Reflect BTC’s Bullish Plan

CryptonewslandCryptonewsland2024/09/21 08:42
By:Cryptonewsland
  • Bitcoin (BTC) price has dipped to below $63,000 yet bullish sentiment has not deterred.
  • The JASMY price chart observes bullish breakout patterns.
  • FET continues its bullish surge and eyes the $2 price target.

Bitcoin (BTC) price has dipped under $63,000 but the crypto market is buzzing with excitement to see Q4 approaching. Based on Historical data Bitcoin and altcoins are set to make parabolic upward moves in Q4 like they did in every Bitcoin Halving year so far. Expectations for BTC price ATH this bull run takes it to between $110,000 and $220,000 .

So far, analysts have found three exciting bullish patterns loading in the BTC price chart. These include a hidden bullish divergence pattern, a cup and handle pattern, and a golden cross formation. Following Bitcoin’s lead, many altcoins are also showcasing similar bullish patterns on their chart. These include Ripple’s XRP, Cardano (ADA), Shiba Inu (SHIB), JASMY, and FET. 

JASMY’s Bullish Momentum Reflects BTC’s

In particular, for JasmyCoin (JASMY), the asset known as the Bitcoin of Japan , expectations from its team are to see the asset at $17 by 2026. So far, JASMY has yet to make any huge upward movement, yet the price chart is repeatedly retesting critical price zones and is expected to break out in a bullish manner in the coming months.  

#Jasmy is currently attempting a breakout from the falling wedge on the daily 👀

Wait for a close above $0,0215 for confirmation pic.twitter.com/IWxz4CFReY

— STEPH IS CRYPTO (@Steph_iscrypto) September 20, 2024

As we can see from the post above, one popular JASMY enthusiast and crypto analyst Steph is Crypto marks how JASMY is attempting to breakout from a falling wedge pattern on the daily chart. He believes the asset may close above $0.0215 for confirmation. Eventually, he expects JASMY to hit $0.6 in the bullish phase over the next few months. 

FET Price Aims $2 as Next Price Target

$FET didn’t manage to close the daily above resistance, but with $BTC 's momentum, it won't take long at all.

The weekly chart looks fantastic—it's breaking out of the accumulation range! I think that after this upcoming weekly close above resistance, we’ll see a pump toward $2… pic.twitter.com/oAvFQqNYVy

— L E O (@CryptoLeo00) September 20, 2024

Meanwhile, FET is having a splendid rally. The asset is up by 64.71% over the last month and is up by 603.47 over the last year. The price of FET is presently at $1.60 according to CoinMarketCap analytics. The analyst in the post above expects FET to continue to higher highs with the target of $2 on the horizon.    

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