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JasmyCoin price prediction for today, December 6 – InsideBitcoins

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According to JasmyCoin price prediction, JASMY has experienced a sharp price surge but is currently trading at $0.05086, undergoing a correction.

JasmyCoin prediction statistical data:

  • JasmyCoin Price – $0.050
  • JasmyCoin market capitalization – $2.49 billion
  • JasmyCoin Circulating Supply – 49.39 billion
  • JasmyCoin total supply – 50 billion
  • JasmyCoin Coin Market Cap Ranking – 60th

Investing early in a cryptocurrency project can reap amazing rewards, as seen with JASMY. Despite being -98.96% below its all-time high of $4.99 (February 16, 2021), the token has surged +1785.36% from its all-time low of $0.002747 (December 29, 2022). In the most recent 24-hours of activity, JASMY traded between $0.04668 and $0.05868, highlighting its continued potential. This journey highlights the importance of seizing opportunities in the early or low-value stages of a project for significant long-term benefits.

JASMY/USD Market

Main level:

Resistance levels: $0.075, $0.080, $0.085

Support levels: $0.035, $0.030, $0.025

JasmyCoin price prediction for today, December 6 - JASMY technical analysisJasmyCoin price prediction for today, December 6 - JASMY technical analysis
JASMYUSD – daily chart

The JASMY/USD trading pair has recently shown significant bullish momentum, causing quite a stir in the cryptocurrency market. Over the past 24 hours, JASMY has been a top performer, demonstrating remarkable resilience amidst volatile market conditions. Notably, the asset has surged past critical resistance levels previously set by the January 2022 support and March 2022 resistance levels, marking it as an important price area for traders.

JasmyCoin price prediction: JASMY price may be adjusted.

JasmyCoin price has reached the resistance level of $0.058, but the sharp decline is impacting buyers due to recovery attempts above the channel. Despite its impressive performance, JASMY shows a notable bearish differential. In particular, while price action is making higher highs, volume and moving averages are making lower lows, signaling potential weakness. Additionally, the open interest and momentum indicators give conflicting signals. Although momentum appears strong, this divergence raises warnings about the sustainability of the recent uptrend.

In the near term, JASMY’s next price movement will depend on it maintaining its current support. A consolidation phase on lower time frames, such as the 4H chart, could provide the stability needed for other sections up to $0.060. However, if buyers are able to push the coin above the channel, potential resistance levels can be found at $0.075, $0.080, and $0.085. Conversely, a decline below $0.045 could indicate a broader correction as the price is likely to consolidate below the $0.055 level. Meanwhile, if the coin falls below the moving average, a minimum swing below this barrier could push the market down to the support level of $0.040. A violation of this level could push the coin towards the $0.035, $0.030, and $0.025 support levels.

JASMY/BTC Could Be Heading Downward

The JASMY/BTC market saw a strong bullish move, breaking the moving average and surging towards the resistance level of 6000 SAT. The rising 9-day and 21-day moving averages confirm a solid bullish trend, and these levels act as dynamic supports. However, the price is currently trading around 5152 SAT. This correction represents a consolidation phase following a quick rally, with the market likely gathering momentum for the next move. The rising channel structure suggests that the market is still within a broader bullish trend, and the bullish sentiment is likely to continue as long as the price remains above the support level at 4922 SAT.

JasmyCoin price prediction for today, December 6 - JASMY technical analysisJasmyCoin price prediction for today, December 6 - JASMY technical analysis
JASMYBTC – Daily Chart

Going forward, the market’s next move will likely depend on how it reacts to the current retracement. A bounce from the 9-day moving average or the lower boundary of the rising channel could continue the uptrend, with the next target being the resistance level above 7500 SAT. A break above this resistance could indicate further bullish momentum and could potentially push the price towards new highs. Conversely, if the price breaks below the 9-day moving average and declines towards key support below 3500 SAT, this could signal the start of a deeper correction or a trend reversal.

Meanwhile, @TheLongInvest shared his insights on $JASMY on They highlight key bullish developments, including highs higher than wave 1, an impending golden cross as the 50-day MA approaches the 200-day MA, and wave 3 of the ongoing impulse wave, suggesting significant upside potential remains. With a conservative time-frame approach, they expressed their confidence on the incredible charts, posting an astounding 136% rise in just 12 days.

JasmyCoin Alternatives

The daily chart shows that JASMY’s recent performance is positive, but the path ahead is fraught with both opportunities and risks. Traders should observe continued volume growth and consolidation at key support levels to confirm further bullish momentum. Meanwhile, the Wall Street Pepe ($WEPE) project is gaining a lot of attention in the meme coin space by introducing innovative features that make it stand out in the cryptocurrency market. It has already raised an impressive $861,000 in its current pre-sale phase, highlighting strong community interest.

This group of MEME coins will revolutionize the cryptocurrency space

But while the opportunity for early adoption may pass, there is still time to take action. Always remember to protect your investments wisely and diversify your portfolio. Wall Street Investing in Pepe Token is a strategic move with great potential, but don’t wait too long. Early adopters often reap the greatest benefits. Act now and set yourself up for future success.

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