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Jasmycoin (JASMY) To Soar Further? Key Harmonic Pattern Signals Potential Upside Move

Jasmycoin (JASMY) To Soar Further? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbeCoinsProbe2025/08/15 00:20
By:Nilesh Hembade

Date: Wed, Aug 13, 2025 | 05:25 PM GMT

The cryptocurrency market is in full bullish swing as Ethereum (ETH) broke above the $4,700 mark for the first time since 2021. This 30% weekly surge has boosted sentiment across major altcoins, including Jasmycoin (JASMY).

JASMY has posted impressive weekly gains of 25%, and more importantly, its latest chart now reveals a key harmonic setup that points toward further upside in the near term.

Jasmycoin (JASMY) To Soar Further? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern Hints at Potential Bounce

On the daily chart, JASMY is forming a Bearish ABCD harmonic pattern — a structure that, despite its name, often sees a bullish CD-leg before hitting the final Potential Reversal Zone (PRZ).

The move began with a rally from Point A near $0.01186 to Point B, followed by a retracement to Point C around $0.01393, where buyers stepped back in. Since then, JASMY has climbed to around $0.01837, showing that the CD leg is firmly underway.

Jasmycoin (JASMY) To Soar Further? Key Harmonic Pattern Signals Potential Upside Move image 1 Jasmycoin (JASMY) Daily Chart/Coinsprobe (Source: Tradingview)

If the pattern unfolds according to the traditional ABCD framework, the CD leg could extend to the 1.31 Fibonacci projection of the BC leg, placing the PRZ near $0.02266 — roughly 23% higher from current levels.

What’s Next for JASMY?

If bullish momentum remains intact, JASMY could push toward the $0.02266 zone. However, this area is likely to act as a significant resistance where profit-taking or short-term pullbacks could emerge. Before reaching the target, traders should remain mindful of the possibility of a retracement toward lower support levels.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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