JasmyCoin (JASMY) Price Rises 44.57%, Reaches Two-Month High
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Surge: JasmyCoin (JASMY) surged by 44.57% over the past week, reaching a two-month high of $0.0101, primarily driven by futures market speculation and whale accumulation, indicating strong market interest in the token.
- Healthy Consolidation: Although there was a slight decline on the last day due to profit-taking, the cooldown in JASMY's price is viewed as healthy consolidation, suggesting that the overall bullish structure remains intact without losing critical support levels.
- Supply and Demand Dynamics: The exchange supply of JASMY has dropped to a record low of 7.99 million, with net selling exceeding 45 million units during key trading sessions, indicating accumulation rather than distribution, further supporting the potential for price increases.
- Technical Indicator Analysis: Analysts highlight that JASMY's Relative Strength Index (RSI) remains supported after the latest push higher, reflecting a hidden bullish divergence that often precedes further strength and potential continuation once consolidation concludes.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







