JasmyCoin Price Prediction for Today, June 2 – JASMY Technical Analysis

The JasmyCoin price prediction shows that JASMY may continue to show more bullish movements if the market rises and stays above the channel.

JASMY Price Prediction: Where Will the Top Be?

The daily time frame wave count indicates that JASMY began a five-wave rise in October 2023 (black). If this wave count is correct, the price is currently in the fifth and final segment of this upward movement.

JasmyCoin (JASMY) Statistics Data:

• JasmyCoin price now – $0.037
• JasmyCoin market cap – $1.83 billion
• JasmyCoin circulating supply – 49.3 billion
• JasmyCoin total supply – 50 billion
• JasmyCoin Coinmarketcap ranking – #60

JASMY/USD Market

Key Levels:

Resistance levels: $0.046, $0.048, $0.050

Support levels: $0.030, $0.028, $0.026

JASMY/USD is showing positive movement as the market price spikes above the upper boundary of the channel. Apart from this, the price of JasmyCoin still has to conquer the resistance level of $0.040 within the channel so that traders can expect the price to continue to rise as soon as this is done.

JasmyCoin Price Prediction: JasmyCoin Price Could Shoot to the North

The daily chart shows that the JasmyCoin price keeps hovering above the 9-day and 21-day moving averages because any bearish movement may bring the coin toward the lower boundary of the channel which could hit the support levels at $0.030, $0.028, and $0.026. On the upside, a sustained move above the upper boundary of the channel may create more strength for the bulls, focusing on moving the market to the next resistance levels of $0.046, $0.048, and $0.050 respectively.

At the moment, the 9-day MA is seen hovering above the 21-day MA, which indicates that the market may continue to move to the upside. Meanwhile, looking at the daily chart, there may be a need for support to be formed around $0.035 and $0.030 to provide tight protection which could allow the buyers to concentrate on stirring action to the north.

JASMY/BTC Faces the North

Against Bitcoin, the JasmyCoin price remains above the 9-day and 21-day moving averages as the buyers push the price to the upside. Staying above the upper boundary of the channel may hit the nearest resistance level of 6500 SAT while the technical indicator increases the bullish movement.

However, if the bulls succeeded in breaking above the resistance level of 6000, the JASMY price could touch the potential resistance level at 7100 SAT and above. On the contrary, any bearish movement toward the lower boundary of the channel may bring the price to the support level of 4100 SAT and below.

Meanwhile, @JavonTM1 informed his 39k followers on X (formerly Twitter) that $JASMY (JasmyCoin) has entered another EXTREME CONTINUATION phase and could be on track to reach the $4.47842 target level as significant price breakouts continue. This could lead to an astounding +12,000% upside, or over 120X gains.

$JASMY (JasmyCoin) has entered yet another EXTREME CONTINUATION and can overall be in pursuit of the $4.47842 target level as sizable price breakouts hold!

This can result in another +12,000% upside or, a >120X… https://t.co/kH3xYIKo5a pic.twitter.com/XpLNoKri6Q

— JAVON⚡️MARKS (@JavonTM1) June 1, 2024

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