Jasmy price prediction
JASMY price chart | TradingView
JasmyCoin is a top cryptocurrency often seen as Japan’s Bitcoin. It is a mid-cap token that is popular among traders. The Jasmy price bottomed at $0.00826 this month and has slowly made a comeback to the current $0.01538.
The rebound happened after the token formed a falling wedge pattern, a highly popular bullish sign in technical analysis. This pattern comprises of two descending and converging trendlines, with a comeback happening when they near their confluence.
Jasmy price has moved slightly above the 50-day moving average, and is nearing the key resistance point at $0.01615, the lowest swing in November this year.
Therefore, the coin has likely bottomed, and will continue rising, with the next point to watch being at $0.020, the 23.6% Fibonacci Retracement point. A break above that level will signal more gains to the psychological point at $0.25. However, a drop below $0.013 will invalidate the bullish sign.
Fartcoin price analysis
FARTCOIN chart by TradingView
Fartcoin has emerged as one of the most popular Solana meme coins in the crypto market. After bottoming at $0.1940 in February, the token rebounded to $0.8530. Fartcoin price has remained above the 50-day moving average, while the Relative Strength Index (RSI) has pointed upwards.
This rebound happened after the token formed a cup and handle pattern, comprising of a rounded bottom and some consolidation. The cup has a depth of approximately 70%, indicating that its primary target is $1.0722. This target is derived by measuring 70% from the cup’s upper side. It is also the 38.2% Fibonacci Retracement level.
Gala price technical analysis
GALA chart by TradingView
Gala is one of the top gaming networks in the crypto industry. Some of the top games in its ecosystem are Town Star, Sweep it Poker, Champions Arena, and Treasure Tapper.
Gala price peaked at $0.072 in November as most cryptocurrencies surged. It has then pulled back, moving to its a low of $0.01190, close to its lowest level on record.
Gala Games token has formed a falling wedge pattern whose two lines are about to converge. Also, the Relative Strength Index (RSI) and the MACD indicators have formed a bullish divergence pattern.
Therefore, the token will likely continue rising, with the initial target to watch being at $0.02620, the 23.6% retracement level. A drop below the support at $0.01120 will invalidate the bullish view.
FET price prediction
FET chart by TradingView
The FET token dropped to a low of $0.3585 earlier this month and has since bounced back to its current price of $0.5700. It has moved slightly above the 50-day moving average, while the RSI and the MACD have pointed upwards.
The next point to watch will be at $0.6970, which coincides with the lowest swing on August 5. This price was also the giant double-bottom point whose neckline was at $2.235. A break above that level will raise the possibility of it rising to the psychological point at $1.
Source: Invezz / Digpu NewsTex