Jasmy Coin Price Predicted to Surge 10,000% Despite Bearish Crypto Market Sentiment

While the overall crypto market is bleeding, JasmyCoin (JASMY) has come under the radar of several traders. Some of them are sharing conflicting predictions about its future price movement.

JasmyCoin (JASMY) has grabbed the attention of several traders in the midst of a broader downturn in the cryptocurrency market. Some traders are sharing contrasting predictions regarding the future price movement of the token.

While some analysts are extremely bullish, others are more cautious, citing recent price declines as a key concern.

Bullish Outlook: Analyst Predicts 10,000% Move To $2.90+

Cryptocurrency analyst JAVON MARKS has maintained his bullish stance on JASMY, targeting a price move to $2.90 and above.

An updated visual of $JASMY (JasmyCoin) and its $2.90+ target. Nothing with it has changed, and throughout the past year, this target has necessarily only gotten closer to being reached, doing a more than 15X in Price! We remain with sights on a more than 10,000% move from here to… https://t.co/r1abyZQycB pic.twitter.com/TSofWpGALF

In his latest tweet, MARKS highlighted that his prediction has remained consistent over the past year. He added that the target is seemingly getting closer as the token has already achieved a 15X price increase.

Some key points from MARKS’ analysis:

MARKS’ highly bullish outlook suggests that JASMY could be up for major gains in the future, despite recent market turbulence.

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Bearish Signals And Cautious Trader Sentiment

However, latest price performance and more cautious trader sentiment paint a different picture for JASMY:

Analyst Erik has taken a more conservative approach, sharing that he sold all his JASMY positions at $0.042 based on lower timeframe (LTF) analysis. Erik’s decision was influenced by:

$JASMY holders I sold all my positions at 0.042$ based on LTF entry and expected lower prices at green zone, if it can't hold than EQL will be takne out. There is high probability that EQL will be takan out. As soon as $JAMSY reaches below mentioned zone I will find long entries.… pic.twitter.com/OrxvD0cuiY

Erik’s analysis suggests a high probability of further downside before any potential recovery or upward move.

Despite the broader market downturn at the moment, altcoins like JASMY could quickly post a reversal once Bitcoin regains momentum.

Read more: Best Meme Coins To Buy As Crypto Prices Dip – MOG, PEPE, WIF, And BRETT

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