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The JasmyCoin Price has plunged 12% in the last 24 hours to trade at $0.01498 as of 12:17 a.m. EST on trading volumes that dropped 51% to $392 million.
JasmyCoin Price Bulls And Bears Battle For Control Price Within A Bullish Pennant
JASMYUSDT Analysis By Tradingview.com
The JasmyCoin price indicates a gradual uptrend following a sustained consolidation. The bulls have found an anchor support level at $0.006562, helping them fly the price to a $0.01865 resistance level.
However, the bears have initiated a correction, preventing the bulls from further profiting. The struggle for price control has led to a bullish pennant pattern, which continues the bullish trend.
While JASMY’s price is currently on a downtrend within the pennant, the bulls look to regroup at the $0.01271 support on the lower boundary of the pennant. If this scenario plays out, the bulls can drive the price above the pennant to $0.02512.
Moreover, the technical indicators support the momentum as the price trades above the 50-day and 200-day simple moving averages (SMA) with a moving average cross at $0.007172, affirming the general bullish momentum.
The Relative Strength Index (RSI) is trending below the overbought region of 70 and is trending downwards. However, signs of a rebound on the 50 midline level might catapult the RSI back to the overbought region of 70.
JasmyCoin Price Bulls Aim To Fly The Price To $0.2512 Above The Pennant
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 $0.001271 support level to fly the price to $0.2512 above the pennant.
However, a further push of the price below the pennant could confirm a bearish trend reversal, forcing the bulls to retreat to the $0.008912 support level.
As JASMY traders await favorable entry positions, many investors are drawn to the new eTukTuk presale, which is opening doors to a greener future in transportation with its $TUK token presale, which has raised over $1.4 million.
eTukTuk Pioneering A Greener Future In Transportation
The eTukTuk project is dedicated to assisting TukTuk drivers in developing countries of South Asia and Africa in a bid to address issues related to carbon emissions, improve public health, and promote financial inclusivity.
"Breakout crypto eTukTuk is working on improving urban transportation in developing nations with electric vehicles and blockchain technology." – @cryptonews
Read more here: https://t.co/7hr62WePzm
— eTukTuk (@eTukTukio) February 8, 2024
To achieve this vision, the eTukTuk team plans to introduce electric TukTuks (compact three-wheeled vehicles) and establish a network of environmentally friendly charging stations. eTukTuk leverages a decentralized sharing economy for scalability, security, and efficiency, operating on the Binance Smart Chain (BSC).
A Chance To Earn Passive Income Through Staking And P2E Game
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
Buying TUK tokens also allows investors to earn passive income with the eTukTuk staking option, which offers an annual percentage yield (APY) of 167%.
Additionally, investors can participate in the soon-to-launch play-to-earn (P2E) game Crazy Taxi. In this game, players will transport passengers to various destinations on the bustling streets of Sri Lanka, earning $TUK tokens upon successful completion of missions.
Alessandro De Crypto, a crypto analyst and Youtuber, says that eTukTuk has the potential to experience significant growth upon its launch.
https://youtu.be/xZ_0oB23xvs
With less than seven days remaining before a price hike, there is still an opportunity to purchase TUK at a discounted rate of $0.02725.
You can visit the official eTukTuk website to buy TUK tokens. There, you can swap your BNB or USDT for TUK tokens or buy directly using your bank card.
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