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The JasmyCoin price prediction indicates that JASMY is currently testing a key support region within an ascending channel, suggesting a potential shift in momentum over the next few trading sessions.
JasmyCoin Prediction Data:
- JasmyCoin price now – $0.014
- JasmyCoin market cap – $698.74 million
- JasmyCoin circulating supply – 49.44 billion
- JasmyCoin total supply – 50 billion
- JasmyCoin Coinmarketcap ranking – #91
It’s often said that being early to crypto projects can bring massive rewards, and JasmyCoin (JASMY) is a striking example. While its price today may seem modest, ranging between $0.01395 and $0.01435 in the past 24 hours, it has climbed an impressive +412.93% from its all-time low of $0.002747 on December 29, 2022. Though it’s still far below its all-time high of $4.99 set in February 2021, this rebound highlights the significant potential gains for those who recognized the opportunity early.
JASMY/USD Market
Key Levels:
Resistance levels: $0.020, $0.022, $0.024
Support levels: $0.009, $0.007, $0.005
JASMY/USD continues to trade within a rising channel but now hovers near its lower boundary, signaling a critical moment for bulls to defend this level. The recent price action shows JASMY slipping below both the 9-day MA ($0.0146) and 21-day MA ($0.0162), underscoring growing bearish pressure. The price is currently testing the ascending support trendline that has held since early April, and failure to hold this line could signal a deeper correction. Volume has also thinned out, suggesting a lack of conviction among bulls, which further weakens the potential for an immediate recovery.
JasmyCoin Price Prediction: JASMY At Risk of Breakdown
On the technical front, if bears push the price decisively below the channel support, the next key support levels lie at $0.009, $0.007, and $0.005, respectively. A breakdown from the current zone could confirm a bearish reversal, potentially wiping out much of the recent gains made in May. Furthermore, the downward crossover of the moving averages strengthens the bearish structure, and the inability to climb back above these dynamic levels may keep sellers firmly in control in the short term.
JASMY Coin Bull Run Update
To invalidate the bearish bias, JASMY would need to produce a strong bounce from the current channel base and reclaim the 9-day and 21-day MAs. A successful breakout above these averages could fuel a move toward the $0.020 resistance level, with extended targets at $0.022 and $0.024. However, such a bullish scenario would require a substantial increase in volume and market participation. Until then, the prevailing trend remains neutral-to-bearish, and traders should closely monitor the price action around the lower trendline support.
JASMY/BTC: JASMY Struggles Near Channel Support at 1336 SAT
The JASMY/BTC pair is currently hovering around 1336 SAT, inching closer to the lower boundary of an ascending price channel that has guided price action since early April. Despite the overall bullish channel structure, recent momentum shows clear weakness, as the price trades below both the 9-day MA (1396 SAT) and 21-day MA (1525 SAT). These moving averages are sloping downward, indicating persistent bearish pressure. Volume has also declined notably, reflecting reduced trader interest and signaling that the bulls may lack the strength to reclaim higher levels in the immediate term. If the price breaks convincingly below the ascending trendline, we could see a drop toward critical support at 0950 SAT, with further downside risk toward 0750 SAT and 0550 SAT if selling intensifies.
For the bulls to regain control, JASMY must defend the current trendline and push back above the 9-day MA, ideally with strong volume to confirm renewed interest. A recovery above the 21-day MA would be even more convincing and could pave the way for a move toward the upper resistance at 1750 SAT, followed by 1900 SAT and 2100 SAT. However, unless buyers step in decisively, the prevailing structure remains fragile, and traders should be cautious of a potential trend shift if support fails. The next few candles will be critical in determining whether the channel remains intact or gives way to a deeper correction.
Nevertheless, Crypto analyst @TheValueTrade shared with his followers on X (formerly Twitter) that if JASMY manages to hold above the 0.618 Fibonacci retracement level, it could set the stage for the emergence of wave 3, emphasizing that maintaining this support zone is crucial for further upward movement.
$JASMY if JASMY could hold above the 0.618 Fibonacci retracement zone then we could see wave 3 come.
Holding here is key to go higher. pic.twitter.com/URRmdNaMmI
— The Value Trader (@TheValueTrade) June 7, 2025
JasmyCoin Alternatives
JASMY/USD is testing the lower boundary of its rising channel, a key support level that bulls must hold to avoid deeper losses. The price has fallen below the 9-day and 21-day moving averages, reflecting increased bearish pressure and declining volume. A break below the ascending trendline could signal a bearish reversal and threaten recent gains. To regain momentum, bulls need a strong bounce backed by higher volume and a reclaim of the moving averages. Meanwhile, the Best Wallet project faces conflicting presale status reports, though it has raised over $13 million. With features like a multi-chain wallet, cross-chain swaps, and enhanced security, Best Wallet stands out as a strong contender in the crypto market.
Best Wallet Presale Launched or Not
With a live presale currently underway and over $13 million already raised, this project boasts a strong ecosystem, multi-chain functionality, enhanced security, and cross-chain swaps – all showcased on a professional website with a clear roadmap. While there is some confusion around the launch date across different platforms, the official site confirms the presale is active, allowing users to participate using wallets like MetaMask or Coinbase with ETH.
Related News
- JasmyCoin Price Prediction: JASMY Surges 19%, But Experts Say This Might Be The Best Crypto To Buy Now
- Savvy Investors Flock To Best Wallet As ICO Tops $13M — Only 5 Hours Left Before Price Hike
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