- Altcoins DOGE and JASMY show strong bullish indicators.
- These altcoins could see major price pumps soon.
- JASMY could 6x while DOGE could hit multiple new ATH prices.
As Q4 of 2024 inches closer, analysts are eager to see altcoin prices start pumping in a bullish upward direction. Since ETH finally entered price discovery and set its first TAH price this bull cycle, analysts are growing more and more excited and anxious for the altseason peak phase to arrive. Altcoins DOGE and JASMY show strong bullish indicators, hinting at major price pumps soon.
Altcoins DOGE and JASMY Show Strong Bullish Indicators
This bull cycle’s altseason peak phase has been a long wait for altcoin holders. While most remain anxious, many are excited to reap the gains of their extended accumulation phase. Initially, the prices of altcoins were expected to enter a parabolic pump stage in Q1 of 2024, as historically, the price of altcoins always surges in Q1 following the Bitcoin Halving event, leading to that cycle’s altseason peak phase.
However, this cycle, the price of Bitcoin (BTC), went on to set a new ATH price before the Bitcoin Halving event occurred. Then BTC set a long string of new ATH prices only to trigger a brutal correction phase in Q1 instead. While most analysts were disappointed, they saw the correction for what it was, a chance for a healthier market to form, allowing altcoins to thrive in the long run.
Soon after the correction, when ETH price bottomed, the price of ETH went on to reclaim higher targets at a steady pace, until it could finally set a new ATH of its own this bull cycle at $4,900 in Q3. By this time, altcoins SOL and BNB also set new ATH prices of their own. With the current correction going on, analysts hope to see the price of ETH rally back to its new ATH price and enter the price discovery phase once again.
Major Price Pumps Expected for Altcoins Soon
Presently, the market is torn between expecting bullish vs bearish outcomes and whether the month of September will close in red or green. Amidst the debates, some analysts are shining a light on those altcoins showing high pump potential with a promise of bringing high returns to their holders. As we can see from the posts above, JASMY and DOGE are two such promising altcoin assets.
The analyst says that JASMY has printed a confirmed bullish divergence pattern, meaning that a bullish continuation is on the table, which can be a massive move towards the $0.2785 target. This would mean a minimum 300% price pump and only the beginning of a major 2,022% or 6x price increase this altseason. Similarly, he states that per historical trends, DOGE is ready to experience a pump of over 195% to hit new ATH price targets starting with $0.73.
