The analyst predicts a decline in the inbox: to what extent can the JASMY price go in this course?
An analyst believes that Jasmycoin (jasmy) may tend to a short -term decrease, but this may open the door to a dangerous rise later in the cycle.
According to C-Zar, whose ideas shared on C-Z gets encryption YouTube channel, this withdrawal may be a healthy reset before Jasmy moved its next main.
JASMYCOIN price withdrawal: healthy setting?
C-Zar started the video by admitting what is clear. JASMYCOIN has now decreased by about 8 %, and is now trading about $ 0.023. This decrease follows a strong operation that the JASMY price has reached $ 0.035 recently, so the correction is unexpected. In fact, he described it as a “health decline”, especially since the symbol was constantly rising for weeks.
The video dives at the technical levels of Spacecin. The C-Zar notes that although Jasmy has retreated to the bottom of the rising trend line, it still sits over the largest penetration area. It determines a strong support area ranging from $ 0.019 and $ 0.02, with support from historical size activity. If the level of $ 0.023 fails, it monitors the move towards those lower areas, and perhaps re -testing $ 0.019 before another bounce.
The long -term JASMY price is targeted: Can it be 10x?
While the short-term procedure may be defeated, the C-Gar ascends with long-term firmness. In his opinion, Jasmycoin enters a much larger cycle with an expected summit somewhere between $ 0.25 and $ 0.30. This is about 10x from where it is now.
The viewers reminded that Jasmycoin has already shown that it could lead to explosive moves. In 2021, Yasmi price He went from less than a cent to nearly 4 dollars. So, although the highest new level ever may seem ambitious, it is not impossible for the history of Jasmycoin. It was keen to note that the schedule of such a step was not fixed. This can happen later this year or somewhat next year, but it is expected in the current bull cycle.
Strategy, risks and basics
C-also visited how he deals with the current decline. It was The cost of the dollar is on average In JASMY for several months, add more to each large retreat. While acknowledged that a 8 % decline in one day could be difficult, he also emphasized that fluctuations are part of the encryption investment. Zoom, Jasmy Price still rises dramatically from where it was just a few months ago.
Also read: KASPA’s condemnation collapses by 50 % – What’s the next for Kas Price?
The video not only focused on the price. C-Zar also covered the basics of Jasmycoin, especially the distinctive symbol. He pointed out that the project still opens the symbols in the blood circulation, which may create a temporary downward pressure on the price. But he believes that the team’s decision to complete most of the opening operations before the next run is smart and helps to clarify the path of future growth.
In his closing message, C-Gar encouraged merchants to stay on the ground. And warn of emotional moves, chase green candles, or benefit from. Instead, he advised to set goals, take profits on the way, and stick to a plan. With his words, “This is the best way to stay and prosper in this market.”
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