Jasmyusdt⚠️⚠️

The cryptocurrency market has experienced significant selling pressure in early 2025, with Ethereum (ETH) registering its worst first-quarter performance since 2018—down more than 45%. This widespread correction has severely impacted altcoins, including Jasmycoin (JASMY), which plunged over 50% in the past 90 days.

However, signs of a potential turnaround are emerging.

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Jasmycoin Posts Strong Weekly Recovery

JASMY has gained notable traction in recent days, rallying approximately 37% over the past week. The shift in momentum is drawing increased attention from market participants, as technical indicators suggest a potential recovery rally may be forming.

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Technical Breakout: Falling Wedge Pattern Signals Reversal

On the weekly chart, Jasmycoin recently completed a bullish breakout from a long-standing falling wedge pattern, a technical setup typically associated with trend reversals. The breakout occurred around April 11, with the price breaching the $0.0080 mark and climbing to its current level near $0.015.

This upward move now brings JASMY to a pivotal technical juncture — the 100-week moving average (MA), which currently sits at $0.01607. This level is acting as immediate resistance, and a decisive move above it could validate the bullish outlook.

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Next Target: 25-Week Moving Average and Historical Resistance

Should bulls manage to convert the 100-week MA into support, the next significant target lies at the 25-week moving average, located at approximately $0.02435. This level represents a potential 72% upside from current prices and aligns with a prior zone of heavy resistance — reinforcing its importance as a key area to watch.

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Historical Parallel: Could JASMY Repeat 2024’s Breakout Rally?

Historical price action adds to the bullish sentiment. In late 2024, a similar wedge breakout catalyzed a 232% rally, with JASMY surging from the $0.012 range to above $0.04 within weeks. Current technical conditions — including the structure of the breakout and building momentum — mirror that previous setup, prompting speculation of a potential repeat performance.

Adding to the optimism, momentum indicators such as the MACD are beginning to turn positive, suggesting that bullish pressure may be strengthening.

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Outlook: Critical Weeks Ahead for Jasmycoin

The immediate focus for traders and analysts is on whether JASMY can close above the 100-week MA, a development that could pave the way for a broader rally toward the $0.02435 region and beyond.

In summary, Jasmycoin stands at a decisive technical crossroads. Whether this is a temporary rebound or the beginning of a longer-term trend reversal will likely become clearer in the coming weeks. Market participants will be closely monitoring price action for confirmation of the next move.

JasmyCoin ($JASMY ) is drawing increased attention in the cryptocurrency market, emerging as one of the most bullish altcoins amid a surge in trading volume and strengthening technical indicators. Analysts have set an ambitious bullish price target of $4.478 for JASMY, underscoring its growing momentum as anticipation for an altcoin season continues to build.

The broader crypto market is showing signs of optimism, with many analysts projecting a potential rally in Bitcoin (BTC) towards the $90,000 mark—potentially setting the stage for a breakthrough into six-figure territory. Ethereum is also expected to play a pivotal role, with a projected pump seen as a possible catalyst to ignite the long-awaited altseason.

JasmyCoin, often dubbed the “Bitcoin of Japan,” has demonstrated key indicators of strength, including a notable spike in trading volume and sustained bullish sentiment. One prominent analyst recently highlighted these developments, reinforcing the $4.478 bull target and suggesting that any short-term pullbacks in price may serve as setups for a more substantial upward move.

Despite altseason’s delayed arrival, market analysts remain confident that it is on the horizon. With an increasing number of altcoins—JASMY included—flashing bullish signals, the conditions appear ripe for significant price action once market momentum accelerates.

As investor interest grows and technical fundamentals align, JasmyCoin is being positioned as a standout performer in the upcoming altseason, with potential for explosive gains in the months ahead.