Is the price of Jasmycoin (Jasmy) preparing to move towards the previous highlands? The main levels of viewing
Jasmy price jumped by 32 % over the past day, making it one of the best artists today in the encryption market. In publication, Jasmycoin sits at $ 0.03113. This significant increase in prices coincides with an increase in trading activity, as the JASMY trading volume increased by more than 280 %, which puts it among the major engines on Coinbase.
Technical Analysis Jasmy: Patterns of the Up to the Upper Plans and Support areas
Looking at the plans, the Jasmy price was fixed in an important support. This level matches what traders call the “right shoulder” to the head and shoulder pattern-which often indicates that the price may turn to the top.
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The main support areas are highlighted, providing stability in the case of descending price movement. The current trend indicates a higher decrease, with the support of upscale divergence indicators, indicating that the distinctive symbol may be ready for the continuous upward upward movement. Resistance remains in the previous market (PMH), a level that must be breached to confirm the continuous upward trend.
Market activity and trading sizes
Jasmycoin price is paired with an explosion in trading activity. Insert the distinctive symbol in the Coinbase’s “Top Moters” menu has increased clarity and size, which are necessary factors for continuing price momentum. The analyst also noted the importance of this size boost, indicating that it may push the Jasmy price to $ 0.04 in the short term.
This increased commercial activity emphasizes the increasing interest in Jasmycoin with the appearance of supply and demand. Analysts increase in prices to low exchange flows, which limits supply and raising demand.
Moreover, many factors nourish the bullish feelings of Jasmycoin. One of the prominent stimuli is speculation about possible cooperation with a major technology company, Apple, as suggested by industry analyst. This partnership, if you realize, can increase the resumption of the distinctive symbol and demand in the market.
What awaits the price of jasmycoin?
Yaski price track The market structure indicates the rise to a strong possibility of continuous growth. With the distinctive symbol that carries the main support levels and increased market activity, traders monitor its ability to break the PMH and maintain its momentum. While the market is waiting for more developments, all eyes are in the following JASMY movements.
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