- Analyst Javon Marks predicts JASMY could see a massive 23,500% bullish continuation soon.
- JASMY’s bullish breakout and RSI divergence suggest potential for a major upward movement.
In a tweet, popular analyst Javon Marks made a big forecast about JasmyCoin (JASMY), claiming that the cryptocurrency is primed for a massive bullish continuation.
According to Marks, the price of JASMY has been maintaining higher lows while the Relative Strength Index (RSI) has been posting lower lows. This divergence, which is frequently interpreted as a bullish indicator, suggests that the cryptocurrency is about to have a big upward advance.
$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
JASMY Bullish Breakout Could Lead to 23,500% Gains
Marks noted that JASMY has broken out of a bullish pattern, keeping the ambitious target of $4.47842 in play. The present price action, together with technical indicators, implies that JASMY’s strong trend may continue, potentially resulting in gains of more than 23,500%.
This huge upside potential might occur at any time, making it a key period for investors and traders monitoring the market.
At the time of writing, JASMY is trading at roughly $0.01911, up 5.67% over the last 24 hours. This price rise has increased JASMY’s market cap to over $942 million.
The price activity in JASMY has piqued traders interest, particularly given the current market conditions. The crypto market has seen increased volatility, with several cryptocurrencies showing promise for substantial gains. However, JASMY’s recent performance and Marks analysis indicate that it may be one of the outstanding performers in the near term.
Aside from that, the most recent JasmyCoin update highlights substantial developments in the ecosystem. Jasmy has unveiled their 2024 strategy, which includes partnerships with big worldwide corporations and the addition of AI tools to improve their Personal Data Locker.
The roadmap also involves the creation of a Carbon Credit Exchange and a new points system for the Jasmy Wallet. These activities are part of Jasmy’s overall plan to exploit IoT data safely and responsibly, expanding the platform’s utility and reach. Hiroshi Harada, CFO of Jasmy, stated:
“Jasmy aims for a future where devices and individuals are connected and can securely and conveniently exchange data with each other. Most data comes from IoT devices. The main goal is to make data secure and valuable by linking this data to individuals.”
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