The cryptocurrency market is showing signs of recovery, boosted by US President Trump’s unexpected decision to halt tariffs for 90 days. This positive shift has sparked a rally in many asset classes. Among the early movers, Onyxcoin (XCN) stands out with a staggering 84% surge over the past day alone, taking top spot on today’s gainers list. Meanwhile, Jasmycoin (JASMY) is also exhibiting promising signs, achieving a 9% increase, and its chart structure hints at a larger move similar to what we’ve witnessed with XCN. Source: Coinmarketcap. XCN saw an explosive rally of 1,800% in January 2025 before a deep retracement of 84%. This correction formed a textbook falling wedge pattern – a bullish reversal signal. Onyxcoin (XCN) broke out decisively from this wedge on April 9th, reclaiming the 50-day moving average and igniting a sharp upward climb. As of now, it’s surged over 120% since its breakout point and is trading near a critical resistance zone around $0.020. Breaking and holding above this gray-shaded area could propel XCN towards the next significant target at $0.03045 – representing a potential 55% upside from current levels. Jasmycoin (JASMY), currently trading near $0.0123, is also showing similar technical signs to XCN and has followed a near-identical trajectory, experiencing a more than 200% surge before a sharp correction that carved out its own falling wedge. After bottoming at around $0.0082, JASMY is now showing early signs of life. If momentum builds and JASMY can break through this confluence of resistance, it could spark a strong recovery phase, potentially targeting the next key resistance zone near $0.02157 – representing an 83% jump from current levels. What’s Next? Both XCN and JASMY are displaying compelling technical setups with falling wedge breakouts historically acting as powerful springboards for upside. XCN has already begun its breakout run, and now eyes are on JASMY to see if it can follow suit. With improving sentiment in the broader market and increasing bullish momentum on charts, these two tokens could be early leaders in the next leg up of the altcoin cycle. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions in the cryptocurrency market.