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The JasmyCoin price rose 25% in the last 24 hours to trade at $0.0311 as of 03:58 a.m. EST on trading volume that skyrocketed 410% to $577 million.
This comes after Japan announced the installation of its My Number card function onto iPhones next spring. Investors took this to be bullish for the community and that the Bitcoin of Japan, JASMY, is set to make its way onto Apple iPhones. But there is no confirmation of this from Apple, JasmyCoin or Japan.
JASMY has been linked with Japan’s My Number Card itrust authentication service in the past, with its integration set to enable authentication and encryption using blockchain technology.
JasmyCoin Price To Sustain Its Bullish Stance Over Its Major Support
With Apple’s partnership news, JASMY was able to soar above the $0.024 support, rising to the $0.032 resistance, according to data from GeckoTerminal.
JASMY trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish prospects. The SMAs also act as major support levels at $0.024 and $0.020.
Moreover, the Relative Strength Index (RSI) trades at 68 as it closes in on the 70-overbought region, an indication of intense buying pressure.
The Moving Average Convergence Divergence (MACD) also supports the bullish sentiment, as the blue MACD line crosses above the orange signal line, which represents a bullish crossover. A bullish crossover encourages retail investors to add to their positions, possibly pushing JASMY above the $0.032 resistance zone.
The green bars on the histogram also extend gracefully above the neutral line, showing that JASMY has positive momentum.
JasmyCoin Price Prediction
JasmyCoin’s price bullish momentum is stronger, as the bulls use the $0.024 support zone to propel the price. JASMY bulls are set to breach the $0.032 resistance, possibly pushing JASMY to the next resistance level around $0.0633.
In an inverse scenario, the bears could start booking profits from the recent rally, which could push the price of JASMY to the next support level at $0.020, coinciding with the 200-day SMA.
As the JASMY price soars, other investors are also betting big on a Learn-To-Earn project called 99Bitcoins, which has already raised more than $1.7 million in its presale.
99Bitcoins Presale Blasts Past $1.7 Million – Best Crypto To Buy Now?
99Bitcoin (99BTC) is an educational platform with over 2 million registered users for its courses and more than 700,000 subscribers on its YouTube channel.
Since its launch in 2013, the project has primarily concentrated on providing guides for trading, wallets, and earning crypto. However, it has undergone a significant transformation since then.
With the introduction of its $99BTC token ICO, the project is set to introduce a groundbreaking learn-to-earn (L2E) model. It is gamifying crypto education by allowing token holders to tackle challenges and complete lessons to earn higher rankings and $99BTC tokens as rewards.
What is Spatial Computing? Discover how #Blockchain is transforming AR/VR, making immersive digital worlds more interactive and secure.
Dive deeper: https://t.co/2hlZYRFHBv#99BTC #SpatialComputing #Web3
— 99Bitcoins (@99BitcoinsHQ) April 8, 2024
99Bitcoins also plans to integrate its token into the Bitcoins network using the BRC-20 token standard.
Introducing $99BTC on BRC-20! 🎓
Since 2013, #99Bitcoins has been the go-to resource for learning about #Cryptocurrency.
We're launching a platform that enables the building of #dApps on top of the #Bitcoin network!💡#LearnToEarn rewards users on the Bitcoin blockchain.🙌
— 99Bitcoins (@99BitcoinsHQ) April 30, 2024
Token holders can also stake their tokens for an impressive 944% annual percentage yield (APY).
Jacob Bury, a popular crypto analyst and YouTuber, says that the 99Bitcoins token could turn a $1K investment into $10K after its launch.
You can buy 99BTC tokens for $0.00107 each. With a price hike coming in less than four days, buy soon to lock in the best deal.
To join the presale, buy $99BTC from the official website here using ETH, USDT, or a bank card.
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