JasmyCoin has gone through weeks of downside pressure, but that may finally be changing. According to Quantum Ascend, a well-followed crypto analyst on X, the correction phase seems to be complete. He explained this using a chart analysis that shows an A-B-C corrective structure.

In his breakdown, the final C wave ended right on the 0.618 Fibonacci level, which is a common retracement area for crypto rebounds. That C wave also completed five smaller subwaves, which usually signals the end of a correction in wave theory.

This entire move also landed at the same zone as the bottom of what he calls Medium Wave 2, another signal that the market may now shift upward. Quantum Ascend says he expects a relief rally soon, with a key resistance zone between $0.018 and $0.020. If the JASMY price breaks above that level, a new bullish wave could follow.

He also added that JasmyCoin makes up 25% of his current portfolio, showing his personal conviction in the token’s upside for this cycle.

While short-term analysis focuses on breaking resistance around $0.018 to $0.020, another analyst believes JASMY has way more upside in the months ahead. According to Run My Crypto, who also posted on X, JasmyCoin could go as high as 40x to 80x from current levels. His outlook is tied to the broader crypto market reaching a $5 trillion market cap during this bull run.

I am very excited for $Jasmy I still genuinely belive we will do 40-80x especially if Crypto tops at 5T MCAP
We have probability of 1T of retail that’s on the fence !
Unfortunately that 1T plus will be FOMO in too late but it’s in our best interest

He points out that retail investors are still mostly waiting on the sidelines. But if even $1 trillion from retail flows into the market, the fear of missing out (FOMO) could push altcoins like JasmyCoin into explosive territory. His excitement reflects the growing sentiment that altseason could send undervalued tokens to new highs quickly.

The current JasmyCoin price is still relatively low compared to its previous highs. But with bullish technical signs and analysts calling for a major rally, things could change fast. If JASMY is able to flip the $0.020 level into support, that would confirm the end of the correction and possibly open the door to a bigger run.

Read Also: How High Can KAS Price Go in 2025 if Binance and Coinbase List Kaspa?

Between strong Fibonacci support, bullish wave structure, and positive market sentiment, many believe JasmyCoin is getting ready for a powerful upside move. Whether it’s a short-term bounce or a long-term breakout, traders are watching the JASMY price closely now.

The correction seems complete and multiple analysts are aligning on a bullish outlook. If JasmyCoin breaks through the resistance range at $0.018 to $0.020, we may see much higher levels soon. Whether it’s a 2x or something closer to the 40x prediction, the next few weeks could be key for the future of JASMY price.

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The post JasmyCoin Ready to Explode After Correction? Analyst Sees Huge Breakout Coming appeared first on CaptainAltcoin.

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