STORJ Prepares a Bullish Surge of Over 381% as JASMY and VET Print Bullish Signs on Their Price Charts
- VeChain (VET) breaks out of a descending triangle, signaling a 15-20% surge.
- JasmyCoin (JASMY) follows an upward trend, targeting $0.025 support by November.
- Storj (STORJ) could see a 381% rally, backed by Hidden Bullish Divergence.
Bitcoin went up over $67,000 indicating a highly bullish signal for the entire crypto market. This positive sentiment is being reflected on the price charts of many capable altcoins some of which have already begun to surge in price while others are showing bullish signals across the market.
Crypto Market Turns Greedy, Altcoins Surge Soon?
This spike in Bitcoin price has pushed the crypto market into a Greedy state according to the Crypto Fear & Greed Index . With a score of 73 at the present time, the crypto market is in a highly bullish state and altcoins are preparing for a major rally as the imminent arrival of a bullish altseason approaches.
To specify VeChain (VET), JasmyCoin (JASMY), and STORJ are all flashing bullish green signals . In detail, VeChain (VET) seems to be currently breaking out of a textbook descending triangle pattern, showing remarkable strength despite market volatility.
Adding on, the analyst in the post above explains how technical indicators suggest room for growth, with the RSI sitting at 53.93, indicating further upward potential, and the MACD turning bullish, signaling momentum is building. Thus, he predicts a 15-20% surge in the near term.
VET, JASMY, and STORJ Take the Lead
Similarly, JasmyCoin (JASMY) continues to follow a price trajectory initially outlined in August. If the trend holds, analysts expect JASMY to hit a support level of $0.025 by November and test $0.045 by December, suggesting further growth for patient investors .
Read CRYPTONEWSLAND on google newsLastly, Storj (STORJ) is also showing strong recovery after confirming a Hidden Bullish Divergence. With the breakout holding, STORJ could see significant upside, with analysts eyeing a potential target of $2.96. This represents a 381% increase from current levels, with a broader 672% rally possible if momentum continues.
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
coin_news.disclaimer
coin_news.may_like
Bitcoin mining company CleanSpark has completed the acquisition of infrastructure company GRIID
Ton official development team fixes important virtual machine vulnerabilities
ZetaChain: An update rolled out to a minority of validators caused a consensus failure