JasmyCoin

The post <a href="https://coinpedia.org/price-analysis/jasmycoin-enters-a-crucial-price-zone-a-breakout-from-here-may-trigger-a-150-upswing/" rel="noopener noreferrer nofollow">JasmyCoin Enters a Crucial Price Zone; A Breakout From Here May Trigger a 150% Upswing</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With a more than 110% rise in the 24-hour trading volume, JasmyCoin has become the 19th most traded asset in the market. The volume, which remained stuck below $100 million, soared close to $500 million. The rise that began at the start of the month is expected to maintain a healthy upswing and eventually cause the JASMY price to lose a zero from its value, probably before the end of the first half of the year.&nbsp;
The long-term chart of the token suggests the recent upswing has assisted the JASMY price to complete a parabolic recovery to reach the neckline. Moreover, the price is trying hard to surpass one of the crucial resistance levels, between $0.037 and $0.039. If the price manages to sustain above $0.04 until the weekend, then the price may head towards a strong bullish close for the month.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfi-f38iA9bcJnEb_7auV6MG4TX-I2MDc4CIzYb9H7mhrXedlELyayuoWcA2DxDGjxZ2pPvRl361nMxGXWxvUXPE2xXnLr6__fnUppa28Z-K4HhFxNqTfgtLy-sX_ndtYhXd9mWeWxd6-my7gnej5TjnTeC?key=4I8H3PZ1WIx7B25K4FltSA" alt="">
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Just before the weekend, the JASMY price surpassed one of the important resistance zones, which indicates a bullish close for the week. As the markets are expected to increase their volatility during the weekend, the token is expected to receive a significant amount of liquidity, which may fuel a strong bullish trend. The RSI entered the upper threshold and continues to hold at these levels, indicating the price may make it above the critical resistance at $0.047 in the coming days.&nbsp;
Collectively, the JasmyCoin price has entered a strong bullish range and a bullish close for the week may push the token towards a bullish monthly close. However, even if the bulls experience some weakness, the resistance-turned-support zone is expected to offer a strong base to trigger a rebound. Therefore, the upcoming weekly close is expected to be very important, which may have a huge impact on the JASMY price.&nbsp;

JasmyCoin Enters a Crucial Price Zone; A Breakout From Here May Trigger a 150% Upswing

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