JasmyCoin Price Analysis: Key Levels to Watch This Week
- JASMY holds $0.036 as strong support despite a 27.76% drop in trading volume.
- RSI at 57.48 shows neutral momentum whereas MACD hints at short-term bullish bias.
- Breaking the $0.042 resistance is key for JASMY to regain upward market momentum.
JasmyCoin (JASMY) has shown resilience despite broader market fluctuations, attracting traders’ interest. With a notable dip in price and trading activity, the coin’s technical indicators suggest potential stabilization.
Price Movement Signals Reduced Activity
Over the past 24 hours, JASMY fell 3.62%, trading within a range of $0.036 and $0.042. This movement reflects a downward trend, mirroring reduced investor sentiment.
Also, trading volume has dropped significantly, down 27.76% to $544.29 million. This suggests waning interest among traders. Despite the dip, JasmyCoin’s $1.98 billion market capitalization shows it is a significant project within the crypto market.
Key Support Levels Indicating Potential Stability
JASMY’s recent price movements highlight strong support levels. The $0.036 mark has provided strong support, with prices rebounding multiple times after nearing this level.
The post JasmyCoin Price Analysis: Key Levels to Watch This Week appeared first on Coin Edition.
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JasmyCoin Price Analysis: Key Levels to Watch This Week
- JASMY holds $0.036 as strong support despite a 27.76% drop in trading volume.
- RSI at 57.48 shows neutral momentum whereas MACD hints at short-term bullish bias.
- Breaking the $0.042 resistance is key for JASMY to regain upward market momentum.
JasmyCoin (JASMY) has shown resilience despite broader market fluctuations, attracting traders’ interest. With a notable dip in price and trading activity, the coin’s technical indicators suggest potential stabilization.
Price Movement Signals Reduced Activity
Over the past 24 hours, JASMY fell 3.62%, trading within a range of $0.036 and $0.042. This movement reflects a downward trend, mirroring reduced investor sentiment.
Also, trading volume has dropped significantly, down 27.76% to $544.29 million. This suggests waning interest among traders. Despite the dip, JasmyCoin’s $1.98 billion market capitalization shows it is a significant project within the crypto market.
Key Support Levels Indicating Potential Stability
JASMY’s recent price movements highlight strong support levels. The $0.036 mark has provided strong support, with prices rebounding multiple times after nearing this level.
The post JasmyCoin Price Analysis: Key Levels to Watch This Week appeared first on Coin Edition.
Read More