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JasmyCoin price prediction shows that JASMY is currently trading within a descending channel on the daily chart, with price action showing signs of potential reversal near key support levels.
JasmyCoin Prediction Data:
- JasmyCoin price now – $0.011
- JasmyCoin market cap – $562.92 million
- JasmyCoin circulating supply – 49.44 billion
- JasmyCoin total supply – 50 billion
- JasmyCoin Coinmarketcap ranking – #91
It’s often said that being early to a crypto project can offer the biggest opportunities, and JASMY is a perfect example of that. While the token once soared to an all-time high of $4.99 back in February 2021, it later hit rock bottom at just $0.002747 on December 29, 2022. Since then, JASMY has climbed an impressive 303.6% from its all-time low, showing strong signs of recovery and renewed interest. With the current price range fluctuating between $0.01067 and $0.01171 in the past 24 hours, it’s a reminder that early entry points—especially near lows—can make a big difference in long-term gains.
JASMY/USD Market
Key levels:
Resistance Levels: $0.020, $0.021, $0.022
Support Levels: $0.003, $0.002, $0.001
JasmyCoin remains in a prolonged downtrend as seen on the daily chart, trading within a well-defined descending channel. The price is currently hovering just above the $0.011 mark, finding slight relief near the lower boundary of the channel. This area aligns closely with the $0.005 support level, which has so far held strong. If this level continues to act as a floor, JASMY may see a rebound attempt, especially with the recent uptick in buying volume.
JasmyCoin Price Prediction: Bulls May Aim for a Breakout
According to the daily chart, the immediate upside target for the JASMY/USD lies at the $0.020 resistance, which coincides with the upper trendline of the channel. A successful break above this point could set the stage for a move toward $0.021 and eventually $0.022. However, the 9-day MA still trails below the 21-day MA, suggesting that bullish momentum is not yet fully confirmed. For the trend to reverse, JASMY must flip both moving averages into support and maintain consistent closes above them.
Can JasmyCoin Pump Again?
On the downside, if selling pressure intensifies and the price slips below the lower boundary of the channel, JasmyCoin risks revisiting deeper support zones at $0.003, $0.002, and even $0.001. This would mark a significant decline and could lead to further consolidation or even capitulation if market sentiment weakens further. Until a clear breakout above $0.020 occurs, traders should remain cautious and watch how the price behaves around these critical support and resistance levels.
JasmyCoin Price Prediction Against Bitcoin: Bulls Push Toward Channel Resistance
The JASMY/BTC trading pair is currently showing a modest bullish attempt as the price bounces off the lower boundary of the descending channel. The recent candlesticks suggest that the bulls are gradually gaining ground, as the market trades slightly above the 9-day moving average, with potential to test the 21-day MA. At the time of writing, JasmyCoin is valued at 1400 SAT, indicating a slight upside push. However, for the bullish momentum to continue, JASMY must break through the upper boundary of the descending channel. If successful, the market could climb toward the major resistance levels around 2100 SAT, 2200 SAT, and potentially 2300 SAT.
On the downside, if the price fails to gain enough traction above the moving averages, sellers could regain control and drag the price back toward the lower trendline of the channel. A break below this level could expose the market to deeper losses, with key support levels sitting at 0700 SAT, 0600 SAT, and 0500 SAT. Despite the current upward move, the long-term trend remains bearish unless the bulls push the price significantly above the descending structure. Traders should watch for volume confirmation and a sustained break above the 21-day MA as an early signal for a potential trend reversal.
However, @BitunixOfficial shared with their 365k+ followers on X (formerly Twitter) that $JASMY has surged 16.5% following news of a strategic partnership with a leading Japanese electronics company. With a potential breakout on the horizon, the next resistance level is at $0.011. Jasmy’s growing emphasis on IoT and data democratization is attracting attention, especially as privacy concerns rise across Asia. This momentum presents a key opportunity for traders to act before the next major move. #BitunixAnalyst
$JASMY is up 16.5%, after announcing a strategic partnership with a top Japanese electronics giant. 🇯🇵
A breakout above could fuel further upside.
Next resistance: $0.011, Jasmy’s focus on IoT + data democratization is gaining momentum, especially amid rising privacy concerns… pic.twitter.com/i2DwlPVKjV
— Bitunix (@BitunixOfficial) April 9, 2025
Alternatives to JasmyCoin
JasmyCoin is currently trading within a descending channel, showing consolidation near a key support level, with modest buying interest hinting at a possible reversal. However, the trend remains uncertain unless a breakout above the channel occurs. Despite the cautious outlook, JasmyCoin is now available for purchase directly on the Best Wallet platform, which offers more than just crypto storage. Best Wallet includes features like Best DEX (a decentralized exchange), the Best Card for spending, and upcoming tools such as portfolio management and token launchpads. With over $11.6 million raised in its ongoing presale and a live airdrop campaign rewarding users for completing tasks and referrals, Best Wallet is quickly emerging as a major player in the crypto ecosystem.
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Related News
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