Jasmy Coin is one of the leading cryptocurrencies today, rising nearly 15% in the last 24 hours to reach $0.0198. Its trading volume has jumped by 545% to $189 million.
A popular crypto analyst foresees a potential rally of 17 times the current price, predicting a long-term target of $0.2785. This would mean an increase of 1,671% from when he tweeted.
Whale Accumulation Flashes Bullish Momentum
On-chain data shows 46% of JASMY’s circulating supply is held by whale wallets, with exchange balances dropping to a 1-year low. This suggests accumulation by large players, a pattern often seen before explosive rallies.
The broader market context also supports JASMY’s momentum. The Altcoin Season Index rises above 55 over the past week, as Bitcoin’s dominance fell to 59.99%, signaling a shift in capital toward altcoins and microcap assets.
The crypto market capitalization climbed to $3.94 trillion (+1.21% 24h), while derivatives data showed positive funding rates (0.0141%), which often indicates that traders are opening more leveraged long positions.
Memecoins and small-cap tokens, such as Jasmy Coin, are outperforming, making them a prime candidate for short-term speculation.
Can Jasmy Coin Really Hit $0.2785?
JASMY has risen above $0.0178, a critical resistance level that has been in place since May 2025. This increase occurred alongside a noticeable rise in trading volume, indicating strong support from traders.
Looking at the charts, JasmyCoin has closed above key technical indicators, with the Bollinger Upper Band now at $0.0197, signaling extended momentum. The RSI-14 is currently at 75.58, suggesting overbought conditions but not yet at extreme levels.
Javon Marks’ technical analysis indicates a hidden bullish divergence, which historically precedes significant upside moves. The projected breakout target is $0.2785, a nearly 18-fold increase from current levels.
However, before reaching such lofty levels, JASMY Coin would need to break several psychological barriers. First, it must break through the short-term resistance at $0.022–$0.025.
Next, the medium-term target is between $0.05 and $0.08. Finally, it needs to surpass the strong psychological level of $0.10 or more before moving to the subsequent big increase.
The immediate bullish scenario would see JASMY consolidate above $0.0185–$0.0190, flipping it into a new support before attempting further moves higher.
READ MORE: Cardano Price Prediction: Will ADA Rise Ahead of NIGHT Airdrop?
