Rally

Satoshi

JasmyCoin

Coin

<p>In recent months, JasmyCoin price had an excellent performance. JASMY reached an ATH of around $0.04 last month.</p>
<p>However, the JASMY price then entered a correction phase. Amid this week’s crypto market crash, JasmyCoin price declined quickly and touched the $0.022 level.</p>
<p>But, where’s <a href="https://coinmarketcap.com/currencies/jasmy/" target="_blank" rel="noopener noreferrer nofollow">JASMY price</a> headed next?</p>
<h2 class="wp-block-heading" id="jasmy-price-prediction-and-analysis">JASMY Price Prediction and Analysis</h2>
<p>Since hitting its peak in June, JASMY has been trading within a descending channel, as illustrated by the blue lines on the JASMY/USD chart. Today’s market activity saw JASMY’s price surge by 15%, outpacing most other top 100 altcoins by market capitalization.</p>
<p>Only CORE and SHIB managed to post larger gains today out of other <a href="https://captainaltcoin.com/hot-cryptocurrencies-to-buy/" target="_blank" rel="noopener noreferrer nofollow">top altcoins</a>. This reversal is particularly important given the challenging week experienced across the crypto market.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="411" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-1024x411.png" alt="" class="wp-image-521771" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-1024x411.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-300x121.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-767x308.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-1536x617.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-2048x823.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-373x150.png 373w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-100x40.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-871x350.png 871w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196-788x316.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-196.png 1775w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Tradingview" href="https://captainaltcoin.com/go/tradingview-3/" data-shortcode="true">TradingView</a>
 </figcaption>
</figure>
<p>Following today’s pump, JASMY is trading around $0.024.</p>
<p>However, it has not yet broken out of the descending channel. To do this, JASMY would need to break $0.026 area. If this happens and overall market sentiment remains positive, JASMY could swiftly revisit the $0.03 level before potentially “attacking” new all-time highs.</p>
<p>In the event of big pullbacks, the $0.017 level is expected to serve as strong support, aligning with the 200-day moving average. Technical indicators offer mixed signals: <a href="https://www.investopedia.com/articles/forex/05/macddiverge.asp" target="_blank" rel="noopener noreferrer nofollow">the MACD line’s</a> recent cross above the signal line suggests bullish momentum, while the daily RSI at 53 indicates moderate strength.</p>
<p>When it comes to the <a href="https://www.binance.com/en/price-prediction/jasmy" target="_blank" rel="noopener noreferrer nofollow">JASMY price forecast</a>, this will likely depend on its ability to break out of the current descending channel and, of course, the broader crypto market conditions.</p>
<p>A (strong) move above $0.026 could pave the way for further gains. On the flip side, failure to do so might result in continued consolidation within the channel and closer to the 200-day moving average area.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="analyst-weighs-in-on-jasmy-price">Analyst Weighs In on JASMY Price</h2>
<p>A popular analyst that goes by the name ‘LAMBO’ and has over 30,000 followers on X (Twitter), tweeted today about JASMY’s price action. The analyst noted that even though JASMY initially broke below a critical support level, suggesting a bearish move, he now suggests waiting for the weekly close before drawing definitive conclusions.</p>
<p>LAMBO observed that the JASMY price has since recovered, climbing back above the support level and showing signs of a potential bounce. He also emphasized that a close above $0.024 could shift the outlook to bullish.</p>
<p>This is pretty much in line with our analysis above.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24JASMY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$JASMY</a> broke below the retest for a bearish move but as I had earlier mentioned, be only become bearish on the weekly close!<br><br>Telegram: <a href="https://t.co/71apcaZ06R" target="_blank" rel="noopener noreferrer nofollow">https://t.co/71apcaZ06R</a><br><br>Now it has recovered back above the support and look to be bouncing off here! <br><br>NOW WAITING FOR THE WEEKLY CLOSE OFF… <a href="https://t.co/vw4GbaLoC7" target="_blank" rel="noopener noreferrer nofollow">https://t.co/vw4GbaLoC7</a> <a href="https://t.co/0iOcYCIeSU" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/0iOcYCIeSU</a></p>— Team LAMBO (@TehLamboX) <a href="https://twitter.com/TehLamboX/status/1809608942265434133?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 6, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The conclusion of his take could be that the weekly closes often provide a more reliable indicator of overall trend direction.</p>
<p>Today’s surge is promising, but it’s just one piece of a larger puzzle.</p>
<p>If you are a JASMY holder or looking to trade this coin in the next few days and weeks, you should keep a close eye on whether JASMY can break out of its descending channel and how it performs in the coming weekly close.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/cardano-ada-to-dip-by-40-if-crucial-support-fails-fetch-ai-fet-recovery-hinges-on-this-trendline-breakout/" target="_blank" rel="noopener noreferrer nofollow">Cardano (ADA) to Dip by 40% if Crucial Support Fails; Fetch.ai (FET) Recovery Hinges on This Trendline Breakout</a></strong></em></p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/jasmycoin-outperforms-other-altcoins-again-will-jasmy-price-rally-continue/" rel="noopener noreferrer nofollow">JasmyCoin Outperforms Other Altcoins Again – Will JASMY Price Rally Continue?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

JasmyCoin Outperforms Other Altcoins Again – Will JASMY Price Rally Continue?

Table of Contents

CaptainAltcoin

Alte articole publicate pe 6 iul. 2024

Will Bitcoin (BTC) Price Break Below $50,000 Mark

The Billionaire Founder of the Technology Giant Can Buy a Large Amount of Bitcoin (BTC)!

Best Altcoin For Long Term That Can Surpass Bitcoin: Top Expert Picks for Best Altcoin to Buy Now

Flexible and Efficient Token Management for Starters

UK Election: Labour Wins Big, Crypto Regulations in Question

USDC Approved in EU as Galaxy Fox P2E Game Gains Global Traction

Join our free newsletter for daily crypto updates!