JasmyCoin Price Prediction: JASMY Surges 19%, But Experts Say This Might Be The Best Crypto To Buy Now

The
JasmyCoin
price
has
surged
19%
in
the
last
24
hours
to
trade
at
$0.05392
as
of
3:30
a.m.
EST
on
a 
285%
pump
in
trading
volume
to
$2.4
billion.

JasmyCoin
Price
Spikes
In
A
Parabolic
Curve

The
JASMY/USD
daily
chart
shows
strong
bullish
momentum
with
a
parabolic
price
movement.
After
consolidating
around
$0.01–$0.015
for
quite
some
time,
the
price
drastically
surged,
breaking
out
of
its
base
and

trading
at
$0.05392.

This
is
quite
a
rally,
but
a
-7.78%
pullback
on
the
day
indicates
higher-level
profit-taking
or
resistance.
The
parabolic
curve
formation
indicates
aggressive
buying
interest,
but
such
patterns
often
correct
once
momentum
slows.

JASMYUSD
Analysis
Source:
Dextools.io

The
formation
of
a
golden
cross,
where
the
50-day
Moving
Average
(MA)
is
on
the
verge
of
crossing
above
the
200-day
MA,
generally
indicates
that
long-term
sentiment
is
shifting
toward
a
stronger
uptrend.

Supporting
this
view
is
the
MACD
indicator,
which
remains
positive,
with
the
MACD
line
staying
above
the
signal
line,
reflecting
ongoing
bullish
strength.
However,
the
widening
divergence
between
the
MACD
line
and
the
signal
line
could
point
to
diminishing
momentum.

JasmyCoin
Price
Technicals
Signal
A
Short
Term
Pullback

Additionally,
the
Relative
Strength
Index
(RSI)
stands
at
80.01,
well
into
overbought
territory,
suggesting
the
JasmyCoin
price
might
reach
exhaustion
in
the
short
term.
This
combination
indicates
that
while
the
rally
has
been
strong,
caution
is
warranted
as
a
correction
could
be
imminent.

From
a
price
perspective,
key
resistance
lies
in
the
$0.06–$0.07
region,
where
sellers
may
step
in
to
take
profits
or
where
traders
could
encounter
psychological
barriers.

On
the
downside,
$0.04524,
the
earlier
high
in
June,
will
likely
act
as
the
first
support
level
during
any
pullback.
If
the
correction
deepens,
the
$0.04
level
becomes
a
critical
zone
to
hold,
as
it
is
both
a
psychological
level
and
a
key
structural
support.

Furthermore,
the
area
around
the
50-day
and
200-day
MAs,
at
$0.023–$0.025,
serves
as
dynamic
support,
aligning
with
longer-term
trends.

Should
the
price
retrace
even
further,
the
$0.01–$0.015
range,
which
served
as
a
strong
consolidation
base
before
the
breakout,
could
provide
a
solid
floor
for
the
price
to
stabilize.

Wall
Street
Pepe
(WEPE)
Presale
Heads
To
$1.5
Million

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