bullish

JasmyCoin

Read

<p>Despite the BTC price falling near the $96,000 mark, the altcoins are in a heated bull run. One of the top performers, JasmyCoin, has increased its market price by 17% over the past 24 hours.&nbsp;</p>   
<p>As it inches closer to its $2 billion market cap, the bullish sentiments anticipate a price surge beyond $0.050. Will the ongoing recovery rally surpass this critical psychological mark? Let's find out in our latest JasmyCoin price analysis.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-jasmy-price-performance">JASMY Price Performance</h2>   
<p>In the daily chart, the JasmyCoin price showcases a rounding bottom reversal. The parabolic rise in the JasmyCoin started from the crucial $0.016 support level. Since November 5, the current market price has increased by nearly 125%.&nbsp;</p>   
<p>Thus, the JasmyCoin price has surged to $0.036 over the past month. The recovery rally showcases a long-coming resistance trend line breakout, ending the streak of lower-high trend formation.&nbsp;</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/12/03115925/image-1-1024x509.webp" alt="JASMY Price Chart" class="wp-image-388317">
</figure>   
<p><a href="https://www.tradingview.com/x/kqaTbuzH" target="_blank" rel="noreferrer noopener">Tradingview</a></p>   
<p>Furthermore, the bullish trend has surpassed the critical supply zone present between $0.032 and $0.033. With an intraday gain of 16.50%, the JasmyCoin price has created its 7th consecutive bullish candle.&nbsp;</p>   
<p>This bullish streak accounts for a price surge of 55% and breaks above the 78.60% Fibonacci level at $0.3353. Currently, the intraday gain and the bullish engulfing candle are in sync closer to the 100% Fibonacci level at $0.04077. Hence, the chances of a new 52-week high in the bullish recovery rally have significantly increased.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-jasmycoin-price-technicals-and-price-targets">JasmyCoin Price Technicals and Price Targets</h2>   
<p>The recovery rally has resulted in a golden crossover and a positive crossover between the 100 and 200-day EMA line. Furthermore, the MACD and signal lines display a sigmoidal growth with a surge of positive histograms. Hence, the technical indicators are presenting a bullish signal for JasmyCoin.&nbsp;</p>   
<p>The Fibonacci level sped the upside price targets at $0.0522 and $0.07170. Hence, the JasmyCoin price analysis reveals an upside potential of 96%. On the flip side, a potential lead test is possible of the 78.60% Fibonacci level breaking out at $0.03353.&nbsp;</p>   
<p>Read More: <a href="https://coinpedia.org/price-prediction/jasmycoin-jasmy-price-prediction/" target="_blank" rel="noreferrer noopener">JasmyCoin Price Prediction 2024-2030: Will JASMY Price Go Up To $0.10?</a></p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1733207386927">
  <strong class="schema-faq-question">1. What is JasmyCoin’s current price trend?</strong> 
  <p class="schema-faq-answer">JasmyCoin is on a bullish recovery rally. Its price has risen 17% in the last 24 hours and 125% monthly.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733207392457">
  <strong class="schema-faq-question">2. What are the next price targets for JasmyCoin?</strong> 
  <p class="schema-faq-answer">The next upside targets based on Fibonacci levels are $0.0522 and $0.07170, with a potential 96% growth ahead.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733207392808">
  <strong class="schema-faq-question">3. What is the critical support level for JasmyCoin?</strong> 
  <p class="schema-faq-answer">The key support level is $0.03353, the 78.60% Fibonacci retracement, which could serve as a base for further growth.</p> 
 </div> 
</div>

JasmyCoin Price Rallies 125% in a Month: Is $0.0522 Next?

Table of Contents

CoinPedia News

Other articles published on Dec 3, 2024

Litecoin Eyes $233-$280 as Bullish Momentum Breaks Key $120 Resistance

U.S. Spot Ethereum ETFs Record $26.28 Million in Net Inflows on December 2

Justin Sun Drops $6.2M on Controversial Banana Art, Calls It a "Cultural Phenomenon"

Solana's Monthly DEX Volume Hits Records $70B as $SOL Nears ATH

CZ Hints at "Altcoin Season" as ASI Exceeds 75

Shiba Inu Developer Teases 1B Token Burn, Receives Mixed Community Reaction

Join our free newsletter for daily crypto updates!