Rally

2024

JasmyCoin

<ul class="list-ic vertical">
 <li><span>1</span> <a>JasmyCoin price witnessed a tremendous recovery from the lows of $0.003000.</a></li>
 <li><span>2</span> <a>Since the start of 2024, the coin has been recording gains.</a></li>
</ul>
<p><strong>Jasmycoin (JASMY) </strong>continued to uplift gains and rallied over 120% this month. Amidst the market uncertainty, <strong>JASMY </strong>managed to reach the blue sky zone.&nbsp;</p>
<p>The coin recently exited a two-year consolidation phase and breached the neckline hurdle of $0.01050. Afterward, the coin witnessed significant demand and exceeded the gains.</p>
<p>Afterward, the coin reflected significant profit booking and formed a symmetrical triangle pattern breakout whose breakout was witnessed this month, which led to further bullish momentum.</p>
<p>At press time, <strong>JASMY </strong>was trading at $0.03455 with an intraday drop of 1.90%, reflecting bullishness on the charts.&nbsp;</p>
<p>The pair of JASMY/BTC is at 0.000000511 BTC, and the market cap is $412.89 Million. Analysts are neutral and suggest that the <strong>JASMY price</strong> may continue to soar gains and might reach the upside mark of $0.04000 soon.</p>
<h2 class="wp-block-heading" id="strong-key-metrics-reveal-bullishness-will-the-rally-continue-strong"><strong>Key Metrics Reveal Bullishness: Will The Rally Continue?</strong></h2>
<p>Trading with a bullish course,<strong> JASMY </strong>looks strong and decisively sustains above the key moving averages in the bullish trajectory. Buyers have gained traction and an eye to multiply the gains to reach the supply region of the $0.04000 mark soon.</p> 
<p><a href="https://www.tradingview.com/chart/JASMYUSDT/33JwEtzc-JASMY-Price/" rel="noopener noreferrer nofollow"></a><a href="https://www.tradingview.com/u/TheCoinRepublic/" rel="noopener noreferrer nofollow"></a><a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow"></a></p> 
<p class="has-text-align-center">Source: TradingView</p>
<p>Buyers have shown their interest after the price surge, and the trading volume shot up over 25% to $412.73 Million. Meanwhile, <strong>JASMY </strong>ranked at 302 per the market cap; the coin has a total supply value of 50 billion.</p>
<p>The Momentum Indicator (<strong>RSI</strong>) curve stays in the overbought zone and reflects a positive crossover. Likewise, the MACD indicator signifies a bullish crossover and formed green bars on the histogram.</p>
<p>A tweet by @Javon Marks indicates the possibility of an upcoming surge, and the coin may be multiplied by 120x soon.</p>
<center>
 <blockquote class="twitter-tweet">
  <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24JASMY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JASMY</a> (JasmyCoin) has entered yet another EXTREME CONTINUATION and can overall be in pursuit of the $4.47842 target level as sizable price breakouts hold!<br><br>This can result in another +12,000% upside or, a &gt;120X… <a href="https://t.co/kH3xYIKo5a" rel="noopener noreferrer nofollow">https://t.co/kH3xYIKo5a</a> <a href="https://t.co/XpLNoKri6Q" rel="noopener noreferrer nofollow">pic.twitter.com/XpLNoKri6Q</a></p>— JAVON <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;">MARKS (@JavonTM1) <a href="https://twitter.com/JavonTM1/status/1797034957669355963?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 1, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</center>
<p class="has-text-align-center">Source: X</p>
<h3 class="wp-block-heading" id="strong-sentiment-and-volatility-data-looks-optimistic-strong"><strong>Sentiment and Volatility Data Looks Optimistic</strong></h3>
<p>Price volatility data signifies a major spike of over 378% to 0.064, revealing a sharp trading activity. This sudden spike in volatility hints at investor speculation and demand rise.</p> <iframe loading="lazy" title="Santiment Chart: Price Volatility 1d (JASMY), Weighted sentiment (Total) (JASMY)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=ethereum&amp;pt=ETH&amp;df=2024-01-10T00%3A00%3A00.000Z&amp;dt=2024-05-31T18%3A29%3A59.681Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bprice_volatility_1d%3Bjasmy%3BJASMY%5D%3B%5B1%3Bsentiment_volume_consumed_total%3Bjasmy%3BJASMY%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B" scrolling="no"></iframe>
<p class="has-text-align-center">Source: Santiment</p>
<p>Similarly, the weighted sentiment value massively rose over 455% to 5.64, revealing the investors’ confidence and trustworthiness to buy <strong>JASMY</strong>.</p>
<h3 class="wp-block-heading" id="strong-surge-in-popularity-strong"><strong>Surge in Popularity</strong></h3>
<p>Recently, the coin was in the limelight, and investors have discussed much about <strong>JASMY</strong>, which led to a surge in its popularity. The Social Dominance data witnessed an impressive jump of over 78% to 0.751%, highlighting the rise in popularity for the coin.</p> <iframe loading="lazy" title="Santiment Chart: Social Dominance (JASMY), Active Addresses 24h (JASMY)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=ethereum&amp;pt=ETH&amp;df=2024-01-10T00%3A00%3A00.000Z&amp;dt=2024-05-31T18%3A29%3A59.681Z&amp;emcg=1&amp;emhwm=1&amp;wm=%5B1%3Bsocial_dominance_total%3Bjasmy%3BJASMY%5D%3B%5B1%3Bactive_addresses_24h%3Bjasmy%3BJASMY%5D&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe>
<p class="has-text-align-center">Source: Santiment</p>
<p>Going forward, the active addresses value emerged over 32% to 2023, revealing investors’ growing interest in the coin.</p>
<h4 class="wp-block-heading"><strong>Futures OI Data Reveal Short Covering</strong></h4>
<p>Amidst the sudden rise in the <a href="https://www.thecoinrepublic.com/2024/06/01/will-jasmycoin-continue-to-rise-or-will-it-head-for-a-correction/" target="_blank" rel="noopener noreferrer nofollow">coin price</a>, the sellers got trapped and revealed short covering data.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="229" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-17-1024x229.png" alt="JASMY" class="wp-image-207622" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-17-1024x229.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-17-300x67.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-17-768x172.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-17-750x168.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-17-1140x255.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2024/06/image-17.png 1412w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div>
<p class="has-text-align-center">Source: coinglass</p>
<p>The open interest dropped over 11.90% to $76.21 Million in the past 24 hrs, revealing the bear army’s fear of securing their gains.</p>
<p>The immediate support levels for the <strong>JasmyCoin </strong>are $0.03300 and $0.03100, whereas the key upside hurdle is around $0,3600, followed by $0.3700.</p>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p>The <strong>JasmyCoin (JASMY) price</strong> shifted higher to the resistance area around $0.03500 and is eyeing to stretch the up move ahead. Buyers looked strong and might continue to dominate in the upcoming sessions.</p>

JASMY Rallied Over 120% This Month, Targeting $0.04000 Ahead

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Thecoinrepublic.com

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