Bitcoin recently reached a new all-time high of $103,900.47, which sparked bullish sentiment in the crypto market. However, the price has since fallen below $100,000, and analysts anticipate further dips before a period of sideways movement. Despite this, altcoins have shown resilience, with many experiencing significant price increases. Some analysts believe that the expected altcoin season, originally predicted for Q1 2025, may have arrived earlier than anticipated. Altcoins such as ADA, VET, VTHO, and XRP have already seen substantial pumps, with XRP increasing by almost 500% in the past month. Altcoins like ONDO and SUI also reached new all-time highs alongside Bitcoin. Ethereum, MultiversX, and JasmyCoin have experienced bullish price breakouts, while other altcoins like DOGE and SHIB are preparing for potential price increases in the coming weeks. Analysts are closely watching JasmyCoin (JASMY), which surged alongside Bitcoin and broke through a significant price barrier at $0.044. Some expect JASMY to reach targets of $0.12 and $0.32, while others believe it may only reach highs between $0.085 and $0.125. However, some analysts still consider $1 a possibility for JASMY during this bull cycle.
- Content Editor ( cryptonewsland.com )
- 2024-12-06
JASMY Celebrates Major Price Barrier Breakthrough and Sets Trend Top of $0.05, Major Pump Action Ahead