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The JasmyCoin price prediction shows that JASMY may cross below the lower boundary of the channel as the coin may settle in bearish movement.
JasmyCoin Prediction Data:
- JasmyCoin price now – $0.032
- JasmyCoin market cap – $1.58 billion
- JasmyCoin circulating supply – 49.44 billion
- JasmyCoin total supply – 50 billion
- JasmyCoin Coinmarketcap ranking – #72
JasmyCoin (JASMY), a blockchain-based data democratization platform, has experienced remarkable price fluctuations since its inception. From its all-time low of $0.002747 on December 29, 2022, it has surged by an impressive +947.95%, reflecting growing adoption and investor confidence. Although it’s far from its all-time high of $4.99 on February 16, 2021, JasmyCoin remains a notable project in the crypto space. In the past 24 hours, it has traded between $0.02871 and $0.0319, showcasing active market participation and the volatility that creates opportunities for investors and traders. Whether you’re an early adopter or exploring its potential now, JasmyCoin’s journey highlights the importance of timing and market awareness in cryptocurrency investments.
JASMY/USD Market
Key Levels:
Resistance levels: $0.045, $0.050, $0.055
Support levels: $0.013, $0.008, $0.003
JASMY/USD is currently consolidating within a key support zone of $0.028 to $0.031, offering a potential buying opportunity with a favorable risk-to-reward ratio amid short-term bearish sentiment and long-term recovery prospects. Following a breakdown on December 17, the token consolidated within a narrow range of $0.031 to $0.032, with resistance at $0.040. Despite intermittent spikes, such as those seen on December 19-20, the broader trend has remained bearish, characterized by consolidation rather than a decisive upward breakout.
JasmyCoin Price Prediction: JASMY Price May Cross Below the Channel
The daily chart indicates the JasmyCoin price is currently trading at $0.029, reflecting a bearish movement with a -4.84% drop for the day. The price is approaching the lower boundary of the ascending channel and is currently testing the 9-day MA at $0.033, which has acted as short-term resistance. The 21-day MA at $0.034 is positioned above, further confirming that the bears are attempting to dominate in the short term. However, the support levels at $0.013, $0.008, and $0.003 remain the critical levels to watch, as a breakdown below these supports could accelerate the bearish trend.
Nevertheless, if JASMY/USD manages to hold within the channel and rebound from the lower boundary, a potential recovery toward the $0.040 resistance level could occur, with further upside targeting $0.045, $0.050, and $0.055 resistance levels. Conversely, failure to hold above the channel’s lower boundary may lead to increased selling pressure, potentially testing the $0.020 support zone before targeting the nearest support at the $0.015 level. Meanwhile, the volume remains relatively low, suggesting that a stronger breakout (up or down) will require a notable increase in trading activity to confirm momentum.
JASMY/BTC May Dive Below the Channel
The JASMY/BTC daily chart shows that the market price currently trades at 3182 SAT, reflecting a bearish movement with a -2.87% decline for the day. The price tests the lower boundary of the ascending channel, which acts as strong dynamic support. Additionally, the 9-day MA at 3508 SAT and the 21-day MA at 3625 SAT are positioned above the current price, indicating sustained bearish pressure. However, a break below the critical 1200 SAT support level could lead to further downside momentum, potentially testing lower levels near 2200 SAT.
On the flip side, if the bulls manage to defend the current channel support and push the price upward, there could be a rebound toward the resistance at 5500 SAT, with further upside potential targeting the 6000 SAT zone. Volume remains relatively low, which suggests that the market may need increased participation to confirm any significant price action. The trend remains bearish until the price can break and sustain above the moving averages.
Nevertheless, on X (formerly Twitter), @cantonmeow highlighted that the $JASMY weekly chart is bouncing off the Ichimoku cloud once again.
$JASMY Weekly Chart
Bouncing from the weekly Ichimoku cloud again pic.twitter.com/QhyHSIEJ70— Cantonese Cat 🐱🐈 (@cantonmeow) January 13, 2025
Alternatives to JasmyCoin
Since experiencing a bearish breakdown in mid-December, JASMY/USD has struggled to break through key resistance levels, remaining consolidated within a narrow range. While short-term sentiment for JASMY is bearish due to continued price weakness and a lack of fundamental demand drivers, its support zone presents a favorable risk-to-reward opportunity. In contrast, Wall Street Pepe is generating significant excitement with its capped supply of 200 billion tokens, creating scarcity and value. In its presale phase, Wall Street Pepe has already raised an impressive $50 million, hinting at a potential 10x opportunity in the crypto space.
Can 5,000,000 $WEPE Tokens Make You Rich?
At the current price of $0.00036645, acquiring 5 million tokens costs around $1,800, and price forecasts suggest significant growth—potentially tripling your investment by 2025 and skyrocketing to a 567x increase by 2030. This is your chance to get in early on what could be the next big thing in crypto, similar to how early adopters of Pepe saw life-changing returns. Don’t miss out on this bullish opportunity — act now, and secure your stake in Wall Street Pepe before the presale ends and prices climb higher.
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