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Jasmycoin (JASMY) To Rise Higher? Key Pattern Formation Suggests Potential Upside Move

Jasmycoin (JASMY) To Rise Higher? Key Pattern Formation Suggests Potential Upside Move

CoinsProbeCoinsProbe2025/11/13 20:00
By:Nilesh Hembade

Date: Wed, Nov 12, 2025 | 10:48 AM GMT

The cryptocurrency market is showing signs of a rebound in the last few hours as Ethereum (ETH) climbed from its 24-hour low of $3,404 to around $3,533. This short-term recovery has lifted market sentiment, pushing several altcoins into the green — including Jasmycoin (JASMY), which is beginning to flash a promising bullish setup on the charts.

While JASMY’s gains remain modest for now, its technical structure is forming what appears to be a “Power of 3” pattern, a setup widely recognized for signaling early smart money accumulation and potential breakout moves.

Jasmycoin (JASMY) To Rise Higher? Key Pattern Formation Suggests Potential Upside Move image 0 Source: Coinmarketcap

Power of 3 in Play?

Looking at the 2-hour chart, JASMY seems to be developing a textbook “Power of 3” structure — a three-phase pattern that includes Accumulation, Manipulation, and Expansion.

Accumulation Phase

Earlier, JASMY moved within a tight sideways range between $0.01017 and $0.00973. This period of low volatility — shown as a grey box on the chart — highlights the accumulation phase, where institutional or long-term traders often build positions before a potential breakout.

Manipulation Phase

On November 11, JASMY briefly broke down below the accumulation zone, dropping to a local low of $0.0092 before quickly bouncing back. This move likely marked the manipulation phase, designed to flush out weak hands by triggering stop-losses and creating a false breakdown — a classic sign of liquidity collection before the next leg higher.

Jasmycoin (JASMY) To Rise Higher? Key Pattern Formation Suggests Potential Upside Move image 1 Jasmycoin (JASMY) 2H Chart/Coinsprobe (Source: Tradingview)

What’s Next for JASMY?

At the time of writing, JASMY is trading just below its former range’s lower boundary, around $0.0097, while sitting under the 50-period moving average (MA) at $0.00984, which now acts as a short-term resistance level.

If JASMY reclaims both the $0.00973 level and the 50 MA, it would strongly suggest that the manipulation phase has concluded and that the expansion phase — the final and most powerful stage of the “Power of 3” — is likely beginning.

From there, the next resistance to watch is near $0.01065, and if bulls manage to break and hold above that level, the measured move target of the pattern sits around $0.01114 — representing an estimated 14% upside from the current price.

However, traders should watch the $0.0092 support closely. A decisive drop below that level could invalidate the bullish setup, potentially signaling a delay before another accumulation cycle forms.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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