JasmyCoin (JASMY), often dubbed “Japan’s Bitcoin,” has returned to the spotlight after a robust price rebound in recent days. Following a prolonged downtrend that began in mid-May, the token is now showing strong signs of recovery, gaining nearly 25% in just a week. This renewed bullish momentum has fueled speculation about a significant upward movement, with analysts projecting gains of up to 1,950% under ideal market conditions.

JASMY had slipped from a May peak of around $0.021 but found support near $0.0104, a level that has now become a foundation for its bounce-back. The rebound has not gone unnoticed, with the broader crypto community and analysts closely watching the token’s price structure, momentum indicators, and market activity. The current trading price sits around $0.0133, supported by a favorable shift in both sentiment and investor behavior.

On-chain activity is also reinforcing the bullish case. Notably, the number of wallet addresses holding between 1 and 100,000 JASMY tokens has increased significantly in the second quarter of 2025. This pattern points to a steady accumulation by retail investors and smaller institutional players—often a precursor to larger market moves. These participants tend to enter markets ahead of major trends, quietly building positions while prices are still relatively low.

Sentiment around JASMY has also improved substantially. The token’s social discussion trend, measured through weighted sentiment, has flipped from negative to positive. This means that across social channels, more users are now discussing JASMY in a favorable light, which could attract new investors and boost confidence among existing holders. Positive sentiment often serves as a powerful driver in crypto markets, especially when paired with growing interest from the retail crowd.

From a technical standpoint, the recent price action reflects a solid shift in momentum. Indicators such as the Moving Average Convergence Divergence (MACD) have turned bullish, with the MACD line crossing above the signal line and the histogram turning green—clear signs of positive momentum building. The Awesome Oscillator (AO) is also flashing green, indicating increased buyer strength entering the market.

Additional confirmation of bullish potential comes from the Relative Strength Index (RSI), which has rebounded from oversold levels and currently hovers near 48. This move suggests that selling pressure is easing, and buyers are regaining control. Similarly, the Chaikin Money Flow (CMF) is moving upward, recovering from a previous low, suggesting capital inflows are beginning to pick up.

In terms of price projections, several analysts have issued bold targets. One short-term forecast sees JASMY potentially doubling in value within weeks, driven by bullish chart patterns and improving market dynamics. Another outlook is even more ambitious. Based on a hidden bullish divergence spotted on the MACD, a well-known market analyst has projected that JASMY could eventually climb to $0.278—a move that would mark a staggering 1,950% increase from its current levels.

This long-term price target is rooted in the expectation of a multi-phase rally. If JASMY can continue to build higher lows and break through near-term resistance levels, the technical path to higher valuations remains viable. The bullish scenario is also supported by the theory of Elliott Waves, with some analysts noting that JASMY may be entering its first impulsive wave—often the start of a sustained upward cycle.

Of course, such a meteoric rise would require sustained bullish conditions in the broader market and continued confidence in JasmyCoin’s fundamentals. JASMY is positioned as a utility token within a growing Internet of Things (IoT) framework, and its relevance in the Japanese digital asset ecosystem gives it additional appeal. However, volatility remains a natural part of any altcoin’s journey, and investors are advised to manage risk accordingly.

In summary, JasmyCoin has emerged as a token to watch in the altcoin space. Backed by rising accumulation, improved sentiment, and strong technical indicators, the coin appears poised for further gains in both the short and long term. While reaching a 1,950% rally is a bold projection, the foundation being laid today could set the stage for significant upside if market conditions continue to align favorably.