The recent spike in JasmyCoin has captured the attention of crypto investors. Altcoins such as Hedera and Solana may become the next candidates for a significant rise.
JasmyCoin's Recent Surge
JasmyCoin (JASMY) experienced a surprise rally following its breakout from a descending channel. Over the past two days, JASMY spiked around 30%, starting from a low of approximately $0.01, accumulating a total increase of 41% to today's high.
Hedera (HBAR) Outlook
Hedera (HBAR) has been caught in a descending channel for over a month. After gradual decline, HBAR finally saw a bounce near the lower support of this pattern. A breakout could potentially trigger a 44% rise to around $0.22.
Analysis of Solana (SOL) and SUI
Solana (SOL) is attempting to recover strength after bouncing back from recent lows. Currently trading around $145, if it breaks resistance levels it could rise to $155. SUI exhibits a similar descending channel and might rally to around $4.06.
JasmyCoin's bullish move has sparked interest for the mentioned altcoins. If Hedera, Solana, and SUI break key resistance levels, they could lead the next significant price spikes in the market.
