- JASMY could see a potential 300% surge, supported by strong technical indicators and bullish patterns.
- The Janction Layer 2 chain hints at high-profile collaborations, positioning JasmyCoin as a leading blockchain contender.
Jasmy Coin (JASMY) is gearing up for another bullish surge, with 100% and beyond likely as its technical structures align.
In a tweet, popular crypto analyst Javon Marks notes JASMY started what he describes as a “Lights Out” show, rising almost 100% after breaking out from a Falling Wedge pattern. Given JASMY’s capacity to climbing quickly, Marks also speculates that another possible surge above 300% could be in store.
$JASMY (JasmyCoin) looks to have begun a 'Lights Out' performance, climbing quickly near +100% after the attached analysis, and this setup can be hinting at much more!
Another >300% increase could be coming, and JASMY has recently showcased its ability to move at high speeds… https://t.co/eFuS1gxByK pic.twitter.com/YjceGAPcp6
— JAVONMARKS (@JavonTM1) December 8, 2024
JASMY: Rapid Gains and Bullish Target
As of writing, JASMY is swapped hands at about $0.04736, a 70.25% gain over the last 7 days and a 129.81% increase over the last 30 days. This steady increase has driven its market cap above the $2 billion mark, indicating high investor trust and expanding token future demand.
Building on this momentum, a prior CNF report shows that another analyst sees JASMY’s target price at $0.2785. Strong technical signs indicate the likelihood of a major bullish breakout, supporting this target. If accomplished, JASMY may establish herself as a unique performer in a market already saturated with competition by this kind of action.
Apart from its most recent price behavior, JasmyCoin’s technological developments are also generating news. The forthcoming Janction Layer 2 chain has drawn interest because of its possible links to Sony, one of the most well-known technological innovators in Japan.
As we previously reported, this blockchain project, purportedly associated with Sony’s Soneium project, could validate Jasmy’s ambition to become the leading blockchain platform in Japan.
Given Sony’s track record of technological innovation, this partnership could potentially transform JASMY, enhancing the legitimacy and utility of its ecosystem.
