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Cryptocurrency News Articles

JasmyCoin (JASMY) Price Prediction 2024: Would JasmyCoin Price Spike to the North?

Nov 01, 2024 at 07:04 am

The JasmyCoin price prediction shows that JASMY could renew the bullish trend after testing the support level of $0.0182 today.

JasmyCoin (JASMY) Price Prediction 2024: Would JasmyCoin Price Spike to the North?

JasmyCoin (JASMY/USD) Price Analysis October 31: Aiming For Support At $0.0182 For A Potential Rebound From The Lower Bollinger Band Edge

JasmyCoin (JASMY) price shows signs of recovery from the lower Bollinger Band edge, aiming to find support at $0.0182 for a potential rebound toward the upper Bollinger Band. Alternatively, a failure to maintain the lower Bollinger Band could lead to further losses.

JasmyCoin Price Analysis Statistics

The JasmyCoin price attempts to shift bullish after finding support, but resistance near $0.0190 limits its upward movement. For a bullish trend to be confirmed, JASMY/USD needs to break above this resistance with increased volume, suggesting stronger buying interest and a potential re-entry into the upper range, improving its prospects for future gains.

From above, the daily movement remains bearish as the 9-day moving average is still moving below the 21-day moving average, and any bullish movement could push the coin toward the potential resistance levels of $0.0240, $0.0260, and $0.0280, while a drop below the lower boundary of the channel may lead to the supports of $0.0130, $0.0110, and $0.0090 respectively.

JASMY/BTC Price Analysis: JasmyCoin Is Seen Moving Bearishly

In a Bitcoin pairing, JasmyCoin is seen moving bearishly, hovering below the 9-day and 21-day moving averages. After the coin touched the daily high at 2610 SAT today, the coin later retreated to where it is currently trading. However, the price could head to the north should buyers resume the market.

Nevertheless, should the sellers continue to dominate the X (formerly Twitter) Coin price may drop to the support of 2000 SAT and below. Now, the 9-day moving average keeps hovering below the 21-day moving average as the coin heads to the downside. Meanwhile, any bullish movement above this barrier may cause the coin to face an upward movement so that the potential resistance level could be located at 3100 SAT and above.

What to Expect from JasmyCoin (JASMY) Price?

According to the daily chart, JASMY could risk a further drop if it fails to maintain its current support at $0.0180. Only a confirmed breakout above $0.0200 would suggest a meaningful bullish reversal. On the other hand, Pepe Unchained is gaining significant attention in 2024 as a meme coin with a distinct advantage: it’s building a layer-2 blockchain ecosystem that offers much more than typical meme tokens. Pepe Unchained Is Building The Biggest And Perhaps Best Layer 2 BlockchainPepe Unchained is building a robust ecosystem that includes its block explorer, decentralized exchange, cross-chain bridge, and even developer grants to continuously enhance and expand its platform. Now is the time to get ahead of the curve and secure a position in a project poised for substantial growth, capturing both meme culture and real blockchain innovation. Visit Pepe Unchained

News source:insidebitcoins.com

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Other articles published on Nov 22, 2024