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.

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.

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.