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  • Analyst Javon Marks predicts JASMY could see a massive 23,500% bullish continuation soon.
  • JASMY’s bullish breakout and RSI divergence suggest potential for a major upward movement.

In a tweet, popular analyst Javon Marks made a big forecast about JasmyCoin (JASMY), claiming that the cryptocurrency is primed for a massive bullish continuation.

According to Marks, the price of JASMY has been maintaining higher lows while the Relative Strength Index (RSI) has been posting lower lows. This divergence, which is frequently interpreted as a bullish indicator, suggests that the cryptocurrency is about to have a big upward advance.

JASMY Bullish Breakout Could Lead to 23,500% Gains 

Marks noted that JASMY has broken out of a bullish pattern, keeping the ambitious target of $4.47842 in play. The present price action, together with technical indicators, implies that JASMY’s strong trend may continue, potentially resulting in gains of more than 23,500%.

This huge upside potential might occur at any time, making it a key period for investors and traders monitoring the market.

At the time of writing, JASMY is trading at roughly $0.01911, up 5.67% over the last 24 hours. This price rise has increased JASMY’s market cap to over $942 million.

The price activity in JASMY has piqued traders interest, particularly given the current market conditions. The crypto market has seen increased volatility, with several cryptocurrencies showing promise for substantial gains. However, JASMY’s recent performance and Marks analysis indicate that it may be one of the outstanding performers in the near term.

Aside from that, the most recent JasmyCoin update highlights substantial developments in the ecosystem. Jasmy has unveiled their 2024 strategy, which includes partnerships with big worldwide corporations and the addition of AI tools to improve their Personal Data Locker.

The roadmap also involves the creation of a Carbon Credit Exchange and a new points system for the Jasmy Wallet. These activities are part of Jasmy’s overall plan to exploit IoT data safely and responsibly, expanding the platform’s utility and reach.​ Hiroshi Harada, CFO of Jasmy, stated:

“Jasmy aims for a future where devices and individuals are connected and can securely and conveniently exchange data with each other. Most data comes from IoT devices. The main goal is to make data secure and valuable by linking this data to individuals.”

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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Muhammad Syofri Ardiyanto is an active forex and crypto trader who has been diligently writing the latest news related to the digital asset sector for the past six years. He enjoys maintaining a balance between investing, playing music, and observing how the world evolves. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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