Convergence

JasmyCoin

Bitcoin

Divergence

JasmyCoin Price Prediction: JASMY, a crypto project of a Tokyo-based Internet of Things, has experienced a notable price surge after the market rebound. The altcoin’s upward trend reflects robust gains after recent market fluctuations. The token hovered at $0.02963 with a surge of 4.02% during European business hours.&nbsp; 
According to data from <a rel="nofollow" href="https://coinmarketcap.com/currencies/jasmy/">CoinMarketCap</a>, JasmyCoin’s current market capitalization is approximately $1.5 billion. This uptick in value is accompanied by a significant increase in trading volume, reaching $87 million over the past 24 hours, further highlighting the growing investor interest in this cryptocurrency. 
<h2 id="span-style-font-weight-400-jasmycoin-price-prediction-will-the-bullish-trend-continue-to-rise-span">JasmyCoin Price Prediction: Will the Bullish Trend Continue to Rise?</h2> 
The crypto market is showing signs of recovery this week after a severe downturn, with positive momentum observed across various cryptocurrencies. Bitcoin is poised to enter a phase of price rebound, while other altcoins are also signaling bullish trends. 
<a href="https://coingape.com/markets/jasmy-price-analysis-jasmy-bulls-target-58-gains/">JasmyCoin</a> has witnessed an extraordinary rise, soaring by 619% over the past year, indicating a robust upward trajectory. The price chart for JASMY features continuous green waves, hinting at potential future gains. 
<figure id="attachment_205257" aria-describedby="caption-attachment-205257" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-205257" src="https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-05.png" alt="JasmyCoin Price Prediction: Is It Time to Consider JasmyCoin in Your Portfolio?" width="1292" height="649" srcset="https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-05.png 1292w, https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-05-300x151.png 300w, https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-05-1224x615.png 1224w, https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-05-768x386.png 768w, https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-05-150x75.png 150w" sizes="(max-width: 1292px) 100vw, 1292px">
 <figcaption id="caption-attachment-205257" class="wp-caption-text">
 JasmyCoin Price Prediction
 </figcaption>
</figure> 
Conversely, <a href="https://coingape.com/crypto-with-high-transaction-speed/">Cryptocurrency</a> has seen a tumultuous month characterized by intense volatility. The battle between bullish investors and bearish traders has led to significant price swings.&nbsp; 
The coin’s value dipped by 17%, with fluctuations ranging from $0.044 to $0.027. Despite these challenges, JASMY has shown signs of resilience, gaining 2% in the last week, fueled by recent technological partnerships.&nbsp; 
Japan has collaborated with Apple, integrating the My Number Card service for iPhone users. Now, it has partnered with <a rel="nofollow" href="https://www.nvidia.com/en-us/">NVIDIA</a> to enhance its generative AI capabilities. This strategic alliance bolsters Japan’s economic, trade, and industrial sectors through advanced technological integration. 
<h2 id="span-style-font-weight-400-is-a-surge-to-0-1-a-realistic-target-soon-span">Is a Surge to $0.1 a Realistic Target Soon?</h2> 
With the current market recovery, <a href="https://coingape.com/markets/jasmycoin-price-prediction-heres-what-could-drive-jasmy-to-1-by-july/">JasmyCoin price</a> exhibits a strong bullish trend, indicating a possible shift into a bullish market phase. The upward trajectory suggests JasmyCoin might soon break through the $0.04 resistance level. If this positive momentum persists, <a href="https://coingape.com/markets/jasmy-price-analysis-why-is-jasmy-coin-crashing/">JASMY</a> could aim for a $0.1 target. There is even potential for it to escalate to $1. 
Conversely, If market sentiment turns sour, JasmyCoin could see initial support at $0.028. A further downturn could potentially lower its value to approximately $0.027. The Altcoin price could plummet to $0.25 in an intensified bearish trend. 
The daily technical indicators for JasmyCoin display a mild upward trend in its price. The <a href="https://coingape.com/glossary/rsi-relative-strength-index">Relative Strength Index</a> (RSI) hovers around 45, suggesting that the cryptocurrency is neither overbought nor oversold. 
<figure id="attachment_205255" aria-describedby="caption-attachment-205255" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-205255" src="https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-53.png" alt="JasmyCoin Price Prediction: Is It Time to Consider JasmyCoin in Your Portfolio?" width="1292" height="649" srcset="https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-53.png 1292w, https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-53-300x151.png 300w, https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-53-1224x615.png 1224w, https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-53-768x386.png 768w, https://coingape.com/wp-content/uploads/2024/07/JASMYUSD_2024-07-01_11-50-53-150x75.png 150w" sizes="(max-width: 1292px) 100vw, 1292px">
 <figcaption id="caption-attachment-205255" class="wp-caption-text">
 JasmyCoin Price Prediction: <a rel="nofollow" href="https://www.tradingview.com/x/vrYoNrnq/">TradingView</a>
 </figcaption>
</figure> 
The Moving Average Convergence Divergence (MACD) remains slightly below the zero line, hinting at potential bearish momentum in the short term. The histogram shows decreasing negative values, which could suggest a weakening of downward momentum or an impending bullish crossover. 
The post <a href="https://coingape.com/markets/jasmycoin-price-prediction-bullish-or-bust/">JasmyCoin Price Prediction: Bullish or Bust?</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

JasmyCoin Price Prediction: Bullish or Bust?

Table of Contents

Coingape News Media

Other articles published on Jul 1, 2024

Bitcoin: 75% of Traders Betting on an Increase

Top 3 Altcoins Set to Skyrocket in 2024: Expect 200% Gains

Spot Ethereum ETF Launch Delayed Following SEC Comments, Resubmission Required

Ontology Blockchain Celebrates its 6th Anniversary of MainNet Launch

Binance Reveals Major Support For Curve DAO Token Amid CRV Liquidation Crisis

Polkadot and Cardano: The Next Big Crypto Partnership?

Join our free newsletter for daily crypto updates!