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The JasmyCoin Price has surged 27% in the last 24 hours to trade at $0.02744 as of 12:30 a.m. EST, on a 626% surge in trading volume to $352 million,
Jasmycoin, known for its focus on Internet of Things (IoT) technology, surged by 39% in the past week and 59% in the last two weeks, contributing to the rise of its market capitalization to $1.3 billion.
JasmyCoin Price: Can JasmyCoin Bulls Maintain Momentum Above the Rising Channel?
The JasmyCoin price indicates a gradual uptrend following a sustained consolidation. The bulls have found an anchor support level at $0.01553, helping the bulls to fly the price within and past the rising channel to the $0.02855 resistance level.
Within the channel, the bulls seem to have established a strong support level of $0.02118, at which the price briefly stabilized.
JASMYUSDT Analysis. Source:Tradingview.com
The bears have started a correction, stopping the bulls from gaining further. If this correction continues, it could significantly cut the bulls’ profits as they’re forced to pull back.
However, the bulls aim to regroup at the $0.02518 support level on the channel’s upper boundary. If they succeed, they could push the price above the current resistance level of $0.02855.
Moreover, the technical indicators support the momentum as the price trades above the 50 and 200 simple moving averages (SMA) with a moving average cross at $0.018692, affirming the general bullish momentum.
The Relative Strength Index (RSI) shows a bounce at the 50 midline, heading into the overbought range of 70 to 80, which signals strong buying pressure..Further surge in the overbought zone should sustain the momentum.
JasmyCoin Price Bulls Aim To Fly The Price To $0.03512
Currently, the JasmyCoin price is in a push and pull from bulls and bears as they try to take control of the price. Moreover, the bulls may regroup at the upper trendline of the channel to fly the price to $0.03512 above the channel.
However, a further push of the price downwards could confirm a bearish trend reversal, forcing the bulls to retreat to the $0.02518 support level.
A Pioneering Green AI Crypto To Buy Today!
As Jasmycoin price continues its upward trend, investors are increasingly turning their attention to eTukTuk as an enticing presale opportunity with significant potential for growth upon launch.
The eTukTuk project continues to open doors to a greener future in transportation with its $TUK token presale, which has raised over $3.37 million in funding and racing toward the $4 million mark.
The project is dedicated to assisting TukTuk drivers in developing countries of South Asia and Africa. It aims to address issues related to carbon emissions, improve public health, and promote financial inclusivity.
Discover the smart way to travel with eTukTuk! 🔋
Our vehicles not only help you save on fuel but also reduce maintenance expenses compared to traditional vehicles. ⛽️
Join us in driving towards a more #economical future! 🚜💰 pic.twitter.com/3NNKVS0eBM
— eTukTuk (@eTukTukio) May 25, 2024
To achieve this endeavor, the eTukTuk team has introduced electric TukTuks(compact three-wheeled vehicles) and created a network of eco-friendly charging stations.
To support this vision, eTukTuk uses a decentralized sharing economy for better scalability, security, and efficiency, running on the Binance Smart Chain (BSC).
Come rain or shine, eTukTuk stands the test of time! 💪
Our vehicles are built tough and designed to last, ready to handle the hardest challenges.
Ride with confidence and discover the true meaning of durability with #eTukTuk! 🔋 pic.twitter.com/2EtT8mivTG
— eTukTuk (@eTukTukio) May 23, 2024
Earn Passive Income Through Staking And P2E Game
Investing in TUK tokens provides you with a chance to earn passive income. With the eTukTuk staking option, you can enjoy an annual percentage yield (APY) of 83%.
Introducing Buy and Stake mechanism, get $TUK tokens and instantly stake them, initiating a dynamic APY.
Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 pic.twitter.com/pMrXEZzB3f
— eTukTuk (@eTukTukio) October 10, 2023
Moreover, you’ve got an opportunity to join the play-to-earn (P2E) game called Crazy Taxi for some extra rewards. In this game, you’ll be chauffeuring passengers to different spots across the lively streets of Sri Lanka, and for each completed mission, you’ll earn $TUK tokens.
Speed and precision are key! 🕒
Drop your passengers off on time in the #eTukTuk game and watch their happiness soar! Every joyful drop-off boosts your score. 🚗💨
Play now and master the streets! pic.twitter.com/FZLMBZbCHd
— eTukTuk (@eTukTukio) May 19, 2024
According to DCA Crypto, a crypto analyst and YouTuber, eTukTuk could see substantial growth once it launches on tier-one exchanges.
With prices set to increase in less than three days, there’s still time to grab TUK tokens at the discounted rate of $0.032.
You can also visit the official eTukTuk website to make your purchase.
Buy TUK tokens here using BNB USDT or a card.
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