JasmyCoin price prediction for today, June 2 – JASMY technical analysis

adminJune 3, 2024

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JasmyCoin price prediction shows that JASMY may continue to see more bullish moves if the market rises and stays above the channel.

JASMY Price Prediction: Where Will The Highest Point Be?

The daily hourly wave count indicates that JASMY began a 5-wave advance in October 2023 (black). If this wave number is accurate, the price is currently in the fifth and final part of this upward movement.

JasmyCoin (JASMY) statistical data:

JasmyCoin Price – $0.037
JasmyCoin market capitalization – $1.83 billion
JasmyCoin circulating supply – 49.3 billion
JasmyCoin total supply – 50 billion
JasmyCoin CoinMarketCap Ranking – 60th

JASMY/USD Market

Main level:

Resistance levels: $0.046, $0.048, $0.050

Support levels: $0.030, $0.028, $0.026

Jasmy price prediction for today, June 2 – JASMY technical analysis — JASMYUSD – daily chart

JASMY/USD is showing positive movement with the market price surging above the upper boundary of the channel. Apart from this, the price of JasmyCoin still needs to conquer the resistance level of $0.040 within the channel, so traders can expect the price to continue rising as soon as this is done.

JasmyCoin price prediction: JasmyCoin price may rise.

According to the daily chart, JasmyCoin price continues to hover above its 9-day and 21-day moving averages as a bearish move could push the coin towards the lower boundary of the channel where it can reach support levels of $0.030, $0.028, and $0.026. On the positive side, a sustained break above the upper boundary of the channel could give the bulls more strength as they focus on moving the market towards the next resistance levels of $0.046, $0.048, and $0.050 respectively.

The 9-day moving average is currently hovering above the 21-day moving average, indicating that the market may continue its upward trend. Meanwhile, looking at the daily chart, support around $0.035 and $0.030 may need to form to provide close protection for buyers to focus on provocative action to the north.

JASMY/BTC is heading north

Compared to Bitcoin, JasmyCoin price remains above its 9- and 21-day moving averages as buyers drive the price higher. Staying above the upper boundary of the channel could lead to the nearest resistance level of 6500 SAT, with technical indicators increasing the bullish move.

However, if the bulls succeed in breaking the resistance level of 6000, JASMY price may touch potential resistance levels above SAT 7100. Conversely, a bearish move towards the lower boundary of the channel could push the price towards support levels below 4100 SAT.

Meanwhile, @JavonTM1 39,000 followers on Notified. This could result in an incredible +12,000% upside, or over 120x profits.

$JASMY (JasmyCoin) has entered another extreme continuation and could pursue the $4.47842 target level overall as the significant price breakout holds!
This gives an additional upside of +12,000% or >120X… https://t.co/kH3xYIKo5a can happen. pic.twitter.com/XpLNoKri6Q
— JAVON⚡️MARKS (@JavonTM1) June 1, 2024

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