Presales

Jasmycoin Leads Altcoin Season With Skyrocket: Here’s How JASMY Price Looks in Chart

JasmyCoin (JASMY crypto) price moves have lit up the radar of traders and analysts alike. The technicals suggest a breakout is brewing ...

By Isaiah Mccall

Last Updated: Dec 5, 2024

Fact checked

By Sam Cooling

JasmyCoin (JASMY crypto) price moves have lit up the radar of traders and analysts alike. The technicals suggest a breakout is brewing ...

JasmyCoin (JASMY crypto) is seeing JASMY price moves that have lit up the radar of traders and analysts alike. The technicals suggest a breakout is brewing, with patterns that scream potential mega gains ahead.

Toss in the current crypto market optimism, and JASMY looks ready to ride the momentum to new highs.

JASMY Price Analysis: JasmyCoin Technical Analysis Points To Bullish Momentum

JasmyCoin’s chart has painted an encouraging picture for traders., supported by a recent Golden Cross and a potential Cup and Handle breakout. The token recently broke out of a descending wedge—a classic bullish reversal pattern. This breakout effectively ended a prolonged downtrend, transitioning JASMY into a strong upward trajectory.

Watch for a breakout above $0.052 to confirm the next leg up. Downside risks are cushioned at $0.045 by the 200-day SMA.

(JASMYUSDT)

Further bolstering the bullish case is the emergence of an ascending triangle pattern, often a signal of continued upward momentum in markets. The triangle’s base aligns with prior support zones, offering a solid foundation. Analysts note that such patterns typically precede significant upside when accompanied by strong buy volume.

EXPLORE: The 18 Best New Cryptocurrencies to Invest in 2024

JASMY Price Targets Align With Ambitious Outlook For JASMY Crypto

Crypto analyst Javon Marks took to X (formerly Twitter) to suggest an eye-popping price target for JasmyCoin. His technical analysis highlighted an ambitious level of $0.2785, representing a potential 621% upside from its current levels. Marks described the market environment for JASMY as a “colossal” opportunity, fueled by what he said was a “powerful market” setup.

“JASMY is entering a scaling phase in a much more powerful market. Targets like $0.2785 are perhaps far from the final,” Marks posted.

 

One of the more striking aspects of JasmyCoin’s rally is its surge in trading volume, which now sits at over $800 million—a 125% increase since its breakout. This uptick in trading activity is a usual hallmark of bullish breakouts, reinforcing confidence in JASMY’s upward momentum.

The price has also cleared a critical supply zone between $0.032 and $0.033. This marks the seventh consecutive day of bullish candles, an indicator of strong buying pressure that has led many analysts to anticipate new highs on the horizon.

Key Levels To Watch For JasmyCoin In Weeks Ahead

JASMY’s next significant milestone is the 100% Fibonacci retracement level near $0.04077. Breaking above this level could trigger another wave of upside momentum, further solidifying its bullish case. However, traders should keep an eye on the $0.03353 Fibonacci level as a potential retest area if buying momentum temporarily falters.

While technical patterns support the bullish case, investors are advised to monitor broader market conditions.

EXPLORE: DeFi Renaissance Day Sweeps Altcoin Season: Swell Crypto Blasts +23% Overnight After Binance Listing

Crypto All-Stars: The Next Big Meme Coin Innovation Via Meme Staking Vaults

Crypto All-Stars ($STARS) has reached a major milestone in its presale, surpassing $5 million in funding.
(All-Stars)

While JasmyCoin has been a solid hold, the countdown is on—14 days until Crypto All-Stars ($STARS) officially steps into the spotlight, and the crypto world is buzzing.

With $8.8 million already locked in during its presale, $STARS has planted its flag firmly in the meme coin landscape. Investors are grabbing tokens at $0.0016061, hoping to cash in on staking rewards climbing as high as 336% APY. Big names are taking notice, too, like ClayBro, the YouTuber with 132,000 followers who claim Crypto All-Stars is primed to “shake up the entire meme coin space.”

At the heart of Crypto All-Stars is MemeVault, a staking engine that pools major meme coins like Dogecoin, Shiba Inu, Pepe, and Floki for rewards paid out in $STARS tokens. This multi-token setup is the first of its kind, laying the groundwork for a unified staking ecosystem.

Built on Ethereum, the ERC-20 $STARS token promises smooth integration with one of blockchain’s most trusted networks. The project allocates its supply strategically—20% for the presale, 50 stages of price bumps to reward early birds, and 25% each for staking rewards and MemeVault liquidity.

Early presale participants have already scored a 15% price gain, with tokens rising from $0.00138 to $0.0016061 in just a short period. Bolstered by audits from Coinsult and SolidProof, the project has solidified investor confidence. With over 4,100 users on Telegram and 17,000 X followers, $STARS has momentum. 99Bitcoins analysts are calling for the moon—predicting gains as high as 10x or 100x once the token launches.

GET IN On The Crypto All-Stars Now

EXPLORE: Catslap Launching on Top Meme Coin Trendspotter MEXC at 1pm on December 6th – SLAP Price to Explode Like BONK?

Join The 99Bitcoins News Discord Here For The Latest Market Updates

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Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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