JASMYCOIN (JASMY) Less than 12 months of support-is there a more aspect in the future? The main levels of viewing
JasMycoin has declined to a 12 -month decisive support level, which led to disturbing signals to the Jasmy community. The price decreased by about 12 % from 0.01256 dollars (support for 12 months) to $ 0.01103, as buyers enter to provide some temporary relief.
Create this purchase pressure a long atmosphere on the daily candlestick, indicating that the bulls have not yet surrendered. Currently, Jasmy Token is trying to go back above broken support, which usually becomes resistant once it is broken.
What happens after that depends on the main levels
If Jasmy is able to manage a strong daily closure over this previous support line, investors will give a reason to optimistic. It is better for the week to end above this main level.
On the other hand, it is possible that the ongoing weakness and weekly conjugation will lead to an additional sale. He should Yasmi price Failure to get $ 0.01103, the following logical goal sits along the way at $ 0.00848 on the daily chart.
Losses can accelerate on the negative side
One of the important factors to consider is that this support line has lasted for a whole year. When such applicable levels are broken, it often leads to a chain interaction Stop orders Get hit. This can create the effect of the snowball for the references and fresh sale, which causes prices to a faster decrease than technical factors alone.
Also read: How high is Sui in March?
On the positive side, if JASMY is able to restore broken support through daily or weekly closure, it may simply be due to the style of the previous side unification. The most encouraged will be an improvement in the morale of the comprehensive encryption market and the price of high bitcoin, which may help Jasmy not only recover but create new levels of levels at a relative speed.
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