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Information about JasmyCoin (JASMY)
JasmyCoin is a development organization that combines IoT (Internet of Things) and blockchain platforms. JasmyCoin was founded in May 2016 with the goal of providing a safe and secure infrastructure for all users.
JasmyCoin is regarded as a technological breakthrough in Japan due to its ability to provide optimal solutions to customers all over the world. JasmyCoin will create an environment that can innovate and create new value in the future, with the primary goal of building a Decentralized Data Democracy.
JASMY is a native token of the JasmyCoin ecosystem, operating on Ethereum according to ERC20 standard, and can be used to:
News
JasmyCoin (JASMY) has seen substantial gains, attributed mainly to whale accumulation, particularly from Binance and other large investors. This interest has contributed to JASMY’s recent performance.
For JASMY to maintain its upward momentum, it must surpass a critical resistance level of 0.01615 USD. Successfully breaking this could see JASMY rise significantly.
Current market conditions suggest an increase in selling pressure as more short positions emerge. This trend could stabilize JASMY’s price or even lead to further declines if buying support doesn’t return.
Onyxcoin [XCN] led the weekly gainers with a 120% surge, reaching 0.027 USD. JasmyCoin [JASMY] saw a 68.91% increase, rebounding from a 52-week low.
Tezos [XTZ] declined by 17.20%, forming a new support level at 0.53 USD. EOS dropped by 12.34%, reflecting bearish momentum after initial gains.
The week had mixed outcomes; rising trade tensions initially impacted the market, but excluding tech from new tariffs helped boost some assets significantly.
JasmyCoin (JASMY) has experienced a notable 4% increase in price, bouncing back from a 12-month low. This rise is backed by technical indicators indicating true buying interest rather than a temporary rebound.
Currently trading at $0.010, JASMY grapples with resistance at $0.012. If buying momentum persists, it could surge to $0.017, but profit-taking could revert it to its recent low of $0.0082.
Jasmycoin recently experienced an 18% decrease, confirming a bearish trend with a significant drop of 56% since early February 2025.
With the RSI indicating bearish momentum and declining open interest, traders are advised to maintain a bearish outlook.
Jasmycoin is expected to retest critical support levels, with the next target being 0.0125 USD, as selling pressure remains strong.
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