- JASMY nears a bullish breakout with a completed cup and handle pattern.
- Whale accumulation and reduced exchange holdings signal strong investor confidence.
- Analysts predict a 2025 bull rally fueled by rising demand and technical momentum.
JASMY is about to break out. A cup and handle pattern is nearing completion, hinting at a possible rally once the resistance breaks. This setup has sparked excitement among traders looking ahead to 2025. With demand growing and large-scale accumulation underway, JASMY could be gearing up for a significant move. Here’s why this cryptocurrency is drawing so much attention.
$JASMY is about to complete a cup and handle pattern.
The pattern is completed as it breaks above the upper resistance line.
And after that, the rally begins. The final correction is underway before this.
2025 will be the start of the bull rally for $JASMY. pic.twitter.com/CNyhXrwvf3
— CW (@CW8900) December 26, 2024
A Bullish Breakout Nears
JASMY recently surged by 15%, gaining momentum during the Santa rally. Prices climbed to $0.0405 on Christmas, marking a fresh weekly high. The market capitalization now exceeds $1.9 billion, reflecting growing investor interest. Retail enthusiasm continues to rise, earning JASMY the nickname “Japan’s Bitcoin.”
Fewer tokens remain on exchanges, with holdings dropping by 1.97% to 16.74 billion by December 24. That figure has since fallen further to just over 13 billion, based on recent CryptoQuant data. Whales are also taking notice. On December 24, one whale acquired over 37.9 million tokens. Such activity often signals strong confidence in future price growth, especially from larger players in the market.
2025: A Year of Opportunity
Many analysts view 2025 as the beginning of a new bull run for JASMY. The current correction seems to be the final step before an anticipated rally. A breakout above the resistance line could open the door to significant gains.
Investor confidence remains strong, as seen in declining exchange holdings. Whale activity adds another layer of optimism, with large holders showing clear interest. These factors point toward a potential upward surge in the coming months.
With technical indicators aligning, demand rising, and major players accumulating, JASMY appears ready for liftoff. This cryptocurrency has captured the spotlight as a top contender for growth in 2025.
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