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Cryptocurrency News Articles

JasmyCoin (JASMY) is a cryptocurrency project from Japan, focusing on IoT + blockchain technology.

Apr 21, 2025 at 05:13 pm

The price of JASMY has fluctuated greatly, and the cumulative decline has been close to 75% since the high point in December last year.

JasmyCoin (JASMY) is a cryptocurrency project from Japan, focusing on IoT + blockchain technology.

The price of JasmyCoin (JASMY) has been fluctuating in recent times, and the technical indicators suggest that the short-term market sentiment has improved, while the possibility of delisting by Binance may bring uncertainty to the coin's future.

At the time of writing, on Monday (21/4/2025), at 08:45 (GMT+8), JASMY was trading at $0.0151, showing a slight decrease of 1.82% over the past 24 hours. The 24-hour trading volume on the BTCC platform reached 321 million JASMY, indicating moderate to high trading activity.

In terms of technical indicator analysis (data source reference: TradingView), RSI(14) is at 58.69, which is biased towards buying and not yet in overbought territory. Oscillators (Stoch RSI, MACD, etc.) are showing a neutral to bullish bias, suggesting that the market has the momentum to test upward.

Most short-term/medium-term moving averages (EMA) are indicating buying, which signals that the coin is still in a technical rebound trend.

In the short term, JASMY is fluctuating around the support level of $0.015, forming a sideways structure. The key resistance level above is $0.0175, and if it is successfully breached, it could start a new round of short-term rebound. The support level is at $0.0143, and if it is lost, the coin may continue to decline.

It's important to note that JASMY is included in the projects that may be delisted in the latest vote on the Binance platform, and its voting ratio is relatively high.

If it is officially delisted, it is highly probable that investors will engage in panic selling in the short term, leading to increased price volatility and a potential fall below key support levels. However, if the coin can stabilize and break through $0.0175 with high volume, it may open up possibilities for further upside.

If the platform risk is resolved, there is a chance that the price may continue to move downward.

Disclaimer:info@kdj.com

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