Crypto analyst Javon Marks shared his optimistic view on JasmyCoin's potential price increase, based on several technical indicators.

Analysis of JasmyCoin Charts

Marks highlighted that JASMY might change from a bearish to a bullish trend due to a break from a descending trendline. The chart shows higher highs and lows, a classic indication of an uptrend.

Role of Volume in Supporting Price Action

Marks emphasizes the increasing bullish volume. The rise in volume coincides with breakout periods, often a crucial factor in validating breakouts and supporting continued price appreciation.

Price Targets and Potential Gains

Based on the technical analysis, Marks set two price targets for JASMY. The first target is $0.2785, which represents a gain of over 1,314% from current levels. The second, more ambitious target is above $4, indicating a highly bullish long-term outlook.

JasmyCoin price predictions are based on technical data and do not account for fundamental factors or market conditions. Investors should make informed decisions.