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MainNewsJasmyCoin Ra...

JasmyCoin Rally Sparks ADA 2021 Comparisons, Gains 20.92%


Dec, 05, 2024
< 1 min read
by Maxwell Mutuma
for CoinEdition
JasmyCoin Surges 20.92%: Can It Match Cardano’s 2021 Rally?
  • JasmyCoin’s 20.92% surge shows strong momentum with increased trading volume.
  • Cardano’s stable price action signals investor confidence despite lower volume.
  • Key support at $0.045 for JASMY, while ADA holds at critical $1.20 support.

JasmyCoin (JASMY) has surged 20.92%, echoing Cardano’s (ADA) 2021 rally. This has led investors to speculate whether JASMY could repeat ADA’s success. Despite differences in market conditions and each coin’s unique trajectory, there are striking similarities in their short-term momentum.

JasmyCoin Shows Strong Momentum

JasmyCoin has experienced significant upward movement, driven by strong investor interest and a notable increase in trading volume. This rally has pushed its price from $0.04025 to $0.04875, signaling strong bullish sentiment. 

Additionally, a 40.05% spike in trading volume, now at $1.11 billion, reflects heightened buying interest. The Volume-to-Market-Cap ratio of 46.37% underscores the active trading environment, suggesting a potential for sustained price movement.

Source: Coinmarketcap

Key support has emerged at $0.045, a former resistance level. If momentum weakens, secondary support at $0.040 cou…

The post JasmyCoin Rally Sparks ADA 2021 Comparisons, Gains 20.92% appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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MainNewsJasmyCoin Ra...

JasmyCoin Rally Sparks ADA 2021 Comparisons, Gains 20.92%


Dec, 05, 2024
< 1 min read
by Maxwell Mutuma
for CoinEdition
JasmyCoin Surges 20.92%: Can It Match Cardano’s 2021 Rally?
  • JasmyCoin’s 20.92% surge shows strong momentum with increased trading volume.
  • Cardano’s stable price action signals investor confidence despite lower volume.
  • Key support at $0.045 for JASMY, while ADA holds at critical $1.20 support.

JasmyCoin (JASMY) has surged 20.92%, echoing Cardano’s (ADA) 2021 rally. This has led investors to speculate whether JASMY could repeat ADA’s success. Despite differences in market conditions and each coin’s unique trajectory, there are striking similarities in their short-term momentum.

JasmyCoin Shows Strong Momentum

JasmyCoin has experienced significant upward movement, driven by strong investor interest and a notable increase in trading volume. This rally has pushed its price from $0.04025 to $0.04875, signaling strong bullish sentiment. 

Additionally, a 40.05% spike in trading volume, now at $1.11 billion, reflects heightened buying interest. The Volume-to-Market-Cap ratio of 46.37% underscores the active trading environment, suggesting a potential for sustained price movement.

Source: Coinmarketcap

Key support has emerged at $0.045, a former resistance level. If momentum weakens, secondary support at $0.040 cou…

The post JasmyCoin Rally Sparks ADA 2021 Comparisons, Gains 20.92% appeared first on Coin Edition.

Read the article at CoinEdition

Read More

History Says Buy Altcoins, Headlines Say Wait? Market Narrates Two Stories

History Says Buy Altcoins, Headlines Say Wait? Market Narrates Two Stories

Now might be a good time to start accumulating altcoins, some traders are saying. Cry...
Apr, 11, 2025
< 1 min read
by CoinEdition
Analyst Singles Out Cardano for Major Boost Following New US Crypto Law

Analyst Singles Out Cardano for Major Boost Following New US Crypto Law

With President Trump signing on the bill cancelling the expanded IRS’ ‘Crypto Broker ...
Apr, 11, 2025
< 1 min read
by CoinEdition