JASMY Price Gears Up for an Explosive Surge Having Completed a Bullish Cup and Handle Pattern Formation

• Bitcoin’s bullish new 6-digit $ATH pushes altcoins into bullish indicators.
• Altcoin JasmyCoin reacts bullishly to $BTC latest $ATH.
• $JASMY price completes cup and handle formation indicator major uptrend.

Bitcoin surpassed the $100,000 price target expectation and set a new $ATH at $103,900.47 giving altcoins a healthy spur in bullish activity. With an earlier-than-expected start to altseason, several popular altcoins have begun to pump at an exceptional rate while other capable altcoins are showing strong indicators for a significant surge ahead.

Altcoins Follow Bitcoin’s Bullish Lead

Presently, the price of $BTC has dipped a little and is hovering at the $102,500 price range. Meanwhile, altcoins like DOGE and ETH, pioneer memecoin and altcoin assets have already begun to pump. Analysts have noticed that these assets have broken out of a bull flag and will likely see a significant rise in the days ahead.

Another popular altcoin that has just broken out of a bullish formation is JasmyCoin ($JASMY). To many analysts, it is no surprise that $JASMY, the asset known as the Bitcoin of Japan is experiencing bullish activity after Bitcoin’s latest $ATH. In detail, $JASMY price has just broken out of a bullish Cup and Handle pattern.

$JASMY Prepares for Phenomenal Bull Pump

By consulting TradingView analytics, it seems that $JASMY is indeed preparing for an explosive uptrend. The altcoin is currently at the $0.042 price mark and is set to pump heavily towards the $0.3 price target signifying what could be an almost 10x pump for the price of JAMSY.

Furthermore, the $JASMY/USDT price chart points to a cup and handle neckline resistance, preparing for a breakout. This formation took about 1,000 days to come into alignment and once the price breaks above the neckline on the weekly chart, $JASMY holders could welcome a pump of 200% or even over 600% in the coming days.