Cardano

JasmyCoin

Flash

Coin

<ul class="news-points wp-block-list" "wp-block-list"> 
 <li>JasmyCoin experienced a sharp 28.34% decline in just one day amid market volatility.</li> 
 <li>Cardano’s price plunges 18.10%, with a death cross pattern indicating further declines.</li> 
 <li>Both JasmyCoin and Cardano face oversold conditions, highlighting challenges in the crypto market.</li> 
</ul> 
The cryptocurrency market continues to face challenges, with JasmyCoin (JASMY) and Cardano (ADA) experiencing significant price declines recently. JasmyCoin’s price plunged by over 28% in a single day, driven by intense selling pressure. Cardano (ADA) also experienced substantial losses, with its price falling by more than 18%.&nbsp; 
JASMY’s dramatic fall highlights the intense selling pressure in the market. The coin is trading at $0.01642, down 28.34% in the past 24 hours. The market cap stands at approximately $833.74 million, with a 24-hour trading volume of $257.68 million, indicating a 70.39% increase in trading activity. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcuz0wB5xELOk7YYxC9t9tUD5RTYZKPkY25r9Ifs2cue0VHTD6hfE-nCUwppBinsDJth0ar66IivIHcncFhLtoO9gmJd-KlnEOqaLB3Uz-r3xxqr6e_wg-8oAFL-6xoEwztHbqgZ0mrp1Ba9d5LDXkuvwHe?key=pr9AZB9YsGvQVXhOKDPpwQ" alt="">
</figure> 
Technical analysis reveals that JasmyCoin is trading below its 20-day Simple Moving Average (SMA) and has experienced a significant decline in its Relative Strength Index (RSI), now at 26.56. This suggests that the coin is currently oversold, reflecting bearish mar…
The post <a href="https://coinedition.com/bear-market-bites-jasmy-and-ada-plunge-technicals-flash-red/">Bear Market Bites: JASMY and ADA Plunge, Technicals Flash Red</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bear Market Bites: JASMY and ADA Plunge, Technicals Flash Red

Coin Edition

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