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?

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