JasmyCoin Surges 30% After Channel Breakout Hedera and SUI Follow Similar Patterns Solana Aims for 20% Rally

JasmyCoin (JASMY) experienced a significant rally, surging by approximately 30% over the past two days. This surge began after the token bottomed out at around $0.01 two days prior, marking a 41% increase from its lowest point to its current high. Following this rally, JASMY's price is now retracing, leading investors to speculate on the next potential breakout coin.

Hedera (HBAR) has been trading within a descending channel for over a month. Recently, HBAR saw a strong bullish candle near the lower support of the pattern, pushing the price closer to the channel’s resistance. If HBAR breaks out of this descending structure, it could trigger a 44% upward move, reaching a potential target near $0.22. This scenario mirrors the recent performance of JasmyCoin, which dropped, consolidated within a falling channel, and then exploded upon breaking above the top trendline. Currently, HBAR is testing the upper range, and a close above this area in the coming sessions could quickly build momentum.

Solana (SOL) is attempting to regain strength after bouncing from its recent lows. The token has been moving within a wide descending channel for several weeks. After testing the bottom boundary around $130, it bounced hard and is now trading around $145. Solana has broken back into the mid-range of this pattern and is now facing the upper resistance line. A short-term rally could take it to around $155. If it breaks that level, the next key resistance is near $176, representing a 20% move from the breakout point. This setup, while not as tight as Hedera or JasmyCoin, still suggests a potential for a significant rally if bulls maintain control.

SUI price exhibits a similar descending channel structure to Hedera. The token has been sliding since early May and only recently bounced from its bottom range. The bounce was strong, flipping the momentum back to bullish. Now, SUI is approaching the upper boundary of the falling channel. If SUI breaks out from this resistance, it could rally to around $4.06, a potential 44% spike from current levels. The current price action shows a clear upward push after many red candles, often the first signal of a potential trend reversal. If momentum holds, SUI might follow in JasmyCoin’s footsteps.

JasmyCoin’s bullish move was triggered by a clean breakout from a descending channel, a pattern now forming for Hedera and SUI. Solana is also showing strength within a broader wedge. If these altcoins break key resistance levels in the coming days, they could post double-digit spikes similar to JasmyCoin. The patterns are in place, and the next few price movements will determine their potential for significant gains.