Every bull cycle seems to have a surprise coin that outperforms expectations. In 2017, it was Ethereum. In 2021, Solana stole the spotlight. Traders could be guessing which altcoin would do wonders this altseason.
According to Altcoin Doctor, JasmyCoin might just be one of those tokens in the spotlight this time. The analyst argues that JASMY price could realistically surge by as much as 500% during the coming altseason.
October has historically been a month of strong gains for altcoins. This year, the timing is even more interesting. Weak job numbers in early September pushed the Federal Reserve closer to a rate cut, with odds sitting around 90%. Rate cuts have often been the spark for both stocks and crypto to rally. If that aligns with a drop in Bitcoin dominance, altcoins like JASMY could see sharp moves.
Breaking Down the JASMY Price Chart
The analyst from Altcoin Doctor channel points to Fibonacci levels as the key tool for setting realistic targets. JASMY’s chart, drawn from the 2021 high to the 2023 low, mentions two important zones: the 0.236 and 0.382 Fibonacci retracements.
The first realistic target sits near $0.06, matching the highs of December 2024. That would already mark a solid recovery from current levels. The second level sits around $0.09, which represents a potential 400%–500% move if momentum holds.
This projection is not wild speculation. Fibonacci tools have been used across markets from stocks to commodities to map out support and resistance. In JASMY’s case, the levels align closely with past price reactions, which makes the targets worth watching.
Macro Factors Supporting JasmyCoin Price Growth
The outlook is not just about charts. The analyst from Altcoin Doctor channel notes the role of USDT dominance as another signal. When stablecoin dominance falls, it usually means traders are rotating money into risk assets. The chart suggests USDT dominance could drop as low as 2%, which in the past has triggered strong rallies across crypto.
Looking at the total crypto market cap, the trend is also constructive. After consolidating near $3.8 trillion, projections suggest a possible climb toward $5.6 trillion. If that move unfolds, the altcoin portion alone could stretch to $2.44 trillion. That expansion would give coins like JasmyCoin room to ride broader market momentum.
How JasmyCoin Compares to Past Stories
Some observers liken JASMY’s setup to Solana in its early stages. Solana went through periods of sideways action before sharp rallies once market conditions lined up. While no two coins are identical, the combination of Fibonacci targets, macro shifts, and seasonal trends makes JASMY an interesting case to follow.
Altcoin Doctor’s analysis sets the tone clearly. A push to $0.06 appears to be the first milestone. If strength continues, $0.09 becomes a realistic stretch target. Those numbers may not carry the shock value of moonshot predictions, but they paint a grounded path for JASMY.
Altseason is shaping up with falling Bitcoin dominance, a potential Fed rate cut, and supportive macro charts. JASMY stands out as one of the coins with a clear technical roadmap. Whether JasmyCoin price stops at $0.06 or pushes closer to $0.09, the story notes how timing and structure matter more than hype.
Read Also: What Must Happen for Chainlink (LINK) Price to Reach $100
Crypto markets move in cycles, and JASMY is stepping into an environment that could reward patience. The next few months will reveal whether this setup plays out, but either way, it is a chart worth keeping an eye on.
