Altcoins Surge Amidst Anticipated Altseason
September 11, 2024
With Bitcoin still facing sideways movement, the crypto community eagerly anticipates a bullish recovery and the long-awaited altseason. Several altcoins are currently displaying promising bullish signs for a potential parabolic surge. Analysts predict that many altcoins will reach new all-time highs during this time.
Altcoins Poised for Altseason
Cardano (ADA), Ripple's XRP, Shiba Inu (SHIB), Dogecoin (DOGE), WadzPay (WTK), and JasmyCoin (JASMY) are among the popular altcoins showing bullish momentum. Notably, JasmyCoin analysts have shared their observations and expectations for its price.
JASMY on the Rise
One analyst observes that JASMY is showing bullish signs on the weekly time frame. They anticipate a potential breakout and the beginning of a new wave, possibly setting a cycle top of $0.3 during the bull run.
Bullish Sentiment for JASMY
In agreement with this sentiment, JasmyCoin enthusiast Steph is Crypto shared his analysis. He noted that JASMY price is breaking a downward trend on the daily RSI, indicating a potential significant high. The analyst further predicts a trend high of $0.6 for JASMY during the bull run phase.
JASMY's Long-Term Potential
JASMY's creators expect it to reach an all-time high of $17 in 2026, further fueling positive sentiment for its price.
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