JasmyCoin Analyst Sees Short-Term Correction, Predicting Potential Upside in Long Term

Analyst C-Zar predicts a short-term dip for JasmyCoin (JASMY) before potentially unlocking significant long-term upside potential. While the token’s price is currently down 8%, reaching a recent high of $0.035, C-Zar sees it as a healthy correction following weeks of consistent upward movement. His analysis explores technical levels and supports for JASMY, including its support area between $0.019 and $0.02. If the price dips below this level, he anticipates further movements toward lower zones. 0.019 before another bounce. For the long-term, C-Zar is bullish, expecting JasmyCoin to reach a potential high of $0.25 to $0.30. This represents a significant increase from the current price and suggests that while it’s not impossible for JASMY to continue its explosive growth seen in 2021 when its price went from under a cent to nearly $4, he notes that this timeline is not fixed, with potential reaching within the current bull cycle. While C-Zar advises dollar-cost averaging into JASMY during dips, the video also delves into JasmyCoin’s fundamentals, including tokenomics and long-term growth prospects.