JasmyCoin (JASMY) Price Breakout at $0.0074 Signals Potential 14-19x Rally
- Price Breakout: Jasmy's price has broken out of a long compression phase and is currently holding above $0.007474, indicating strong market confidence and the potential for a new upward trend.
- Historical Pattern Reemergence: Analysts highlight that a similar structure previously led to a 14 to 19 times rally, suggesting that the market could experience significant volatility when conditions align favorably for investors.
- Support Level Analysis: As long as Jasmy's price remains above the breakout zone at $0.0074 and continues to form higher lows, the market structure will stay constructive, potentially leading to another expansion phase.
- Risk Warning: Should Jasmy's price fall below $0.0070, it could indicate a failed breakout, likely causing the price to retreat to lower structural levels, necessitating cautious investor response.
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Technical Analysis for JASMY
Technical Sentiment Analysis for JasmyCoin (JASMY). As of , JasmyCoin (JASMY) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for JASMY stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, JASMY is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
JasmyCoin (JASMY) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0043 | 0.00481 | 0.00534 | 0.00585 | 0.00638 | 0.00689 | 0.00742 |
| Fibonacci | 0.00481 | 0.0052 | 0.00545 | 0.00585 | 0.00624 | 0.00649 | 0.00689 |
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