Second idea using chart pattern with supertrend.Manage risk to reward ratio for better returns . Triple bottoms tends to show false signals ,so proceeds with cautiious.
On-chain Implications On Price
Its holders have grown, MVRV is showing an undervalued state, increasing transactions, and lesser correlation to BTC, and a recent interview with the CFO has marked optimism in Jasmy.
Per its price action, it trades near a crucial support level after the rejection from the top. The critical demand
Decoding The JASMY Price Structure!
The JASMY had a breakout in May end 2024 out of a symmetrical triangle pattern, which signified a more than 165% increase on the daily chart. However, the instability led the price to deteriorate to $0.02.
After the sustenance with a larger market, from July 5th onwards, JASMY’s bullish structure
JASMY Coin Technical Analysis
Over the daily chart, the JASMY got the chance to break out from its long accumulation range and peaked at 800% by March 3rd from $0.00300 to $0.02736. However, the price fell into a contracted wedge, which ended up becoming a symmetrical triangle pattern, which gave another rally 180% price rally
JasmyCoin (JASMY)JasmyCoin (JASMY)
JasmyCoin made a strong bounce back from its 200 day EMA in intraday rising over 17.9%. The bounce back from the lower levels indicate the presence of buyers near the key EMA. The intraday surge indicates a recovery initiated by the bulls after JasmyCoin fell over 20% this week.
F
What Does W-Chart Exemplifies For Jasmy? Indicators Angle On D!
What Does Weekly Chart Exemplifies For Jasmy?
Over the weekly charts, the JASMY crypto price has been declining consistently over the past few weeks, which highlights that the recent trend appears to be dominated by the sellers.
After the long-term break above the long-term consolidation, the
JasmyCoin (JASMY) Emerged As Second Top PerformerJasmyCoin (JASMY) Emerged As Second Top Performer
Competing with hundreds of bullish cryptocurrencies, JasmyCoin emerged as the 2nd top performer, rising over 94%. The crypto witnessed a strong thrust to the upside breaking out from a consolidation phase in the second week of May.
At the time of
JasmyCoin Secures The 2nd Top Gainer Rising 53% A Week! JasmyCoin Secures The 2nd Top Gainer Rising 53% A Week!
Jasmy revolutionizes data workflows by leveraging edge computing and the InterPlanetary File System (IPFS) for data storage, embodying a philosophy that champions data democratization. In this model, data remains secure under the ownership of
Can JasmyCoin Continue To Thrust Higher or Head For A CorrectionCan JasmyCoin Continue To Thrust Higher or Head For A Correction
Over the past week and month, JasmyCoin has exhibited a strong bullish trend, achieving gains of 50% weekly and 83% monthly.
The RSI line has entered an overbought zone pointing to a possible correction on the horizon
JamsyCoin (JASMY
MACD indicator confirms bullish sentiment Analyst Captain Faibik expressed optimism on a X, noting that JasmyCoin (JASMY) has broken out from a bullish pennant formation on the daily chart, indicating potential for further upward movement.
Similarly, analyst Zen conveyed a positive outlook on the same platform, observing that JASMY was str
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