With a market cap of $2,563,006,429 and a 24-hour trading volume of $2,181,194,443, JasmyCoin demonstrates strong investor interest. Over the past month, JasmyCoin’s recovery rally has broken a long-standing resistance trendline, ending the lower-high trend formation.
Will the ongoing recovery rally surpass this critical psychological mark? Let’s find out in our latest JasmyCoin price analysis.
On the daily chart, the JasmyCoin price showcases a rounding bottom reversal. The parabolic rise in JASMY price began at the critical $0.016 support level. Since November 5, its market price has surged nearly 224%.
The bullish momentum has surpassed the crucial supply zone by $0.032 and $0.050. With an intraday gain of 1.23%, JasmyCoin has marked its 9th consecutive bullish candle.
This sustained streak of bullish candles has resulted in a 145% price surge, breaking above the 1.272 Fibonacci level at $0.0522. The current intraday fall aligns as a retest of the broken resistance level. The bullish recovery rally has resulted in a new 52-week high at $0.059068.
The recovery rally has triggered a golden crossover and a positive crossover between the 100-day and 200-day EMA lines. Moreover, the MACD and signal lines exhibit sigmoidal growth with increasing positive histograms, signaling robust bullish momentum.
The Fibonacci levels highlight upside price targets of $0.0717 and $0.1303, indicating a potential upside of 145%. On the downside, if JASMY price faces rejection, a potential retest of the 78.60% Fibonacci level at $0.03353 is possible.
Read More: JasmyCoin price prediction 2025-2030.
What are JASMY price key targets?
Key targets include $0.0717 and $0.1303, based on Fibonacci levels, indicating a potential upside of 145%.
What is JasmyCoin’s current price performance?
JASMY price has surged nearly 224% in a month, marking a new 52-week high at $0.059068 with a 1.23% intraday gain.
What is JasmyCoin’s downside risk?
If JasmyCoin faces rejection, a retest of the 78.60% Fibonacci level at $0.03353 is likely, providing support.
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