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Are Bulls Back In Action?

2 Mins read

JasmyCoin price gained some positive traction on Wednesday which resumed on the second day. The JASMY/USD chart noted a positive gain in today’s morning session and is up nearly 1% at the time of writing. 

Moreover, yesterday’s gains seem to have snapped the current weekly loss. The bulls are struggling to surpass the short term EMAs in order to reclaim the bullish territory. 

JasmyCoin (JASMY) is a crypto project run by a Tokyo based company Jasmy Corporation. It empowers users by allowing them to own and control their data. JasmyCoin uses blockchain and IOT technologies to create a secure and trustless data platform. 

Here, the users can exchange the data between various devices and protocols. It also provides a data processing policy that ensures proper and confidential data collection. 

JasmyCoin Price

JasmyCoin Crypto Price Technical Analysis

Moreover, the JASMY price analysis in the broader term shows a bullish bias with the price taking some short term pullbacks. The price experienced a strong positive bias in the past three months and inclined higher, getting support from the short term (20-Day EMA).

From a technical perspective, any subsequent move up is likely to confront resistance near the higher swings. The price has recently bounced back from the 200 EMA indicating the presence of the buyers at the lower levels. 

Furthermore, if the bulls successfully surpass the 50-Day and 200-Day EMAs, it may derive a short term bullish bias and resume an upward trajectory. 

JasmyCoin Price Prediction January 2024

The long-term trend for the JASMY crypto is positive which may attract the buyers at every dip to resume its bullish trend. As the most optimistic view of our analysts, the JASMY price could reach a high of $0.007 by the month end. 

The bearish view of analysts hopes for the breakdown below the 200-Day Exponential moving average after which the price may drop to a low of $0.0043. 

JasmyCoin Price Prediction 2024

The price prediction for 2024 shows that JasmyCoin crypto may advance to a high of $0.00979 by the end of year 2024. Whereas, the less optimistic analysts estimate a price target of $0.00817 by the end of year 2024. 

JasmyCoin Price Prediction 2025

By the next two years, the JasmyCoin cryptocurrency price may attain higher highs if the positive trend continues to prevail. On the most optimistic note, the price may attain $0.1313 suggesting an upside potential of 124.9%. The most pessimistic view assumes the price to reach $0.0101 by the end of the financial year 2025.

JasmyCoin Price Prediction 2026 

On the most optimistic note, JasmyCoin crypto could gain to a high of $0.0171 in the year 2026. On the other hand, the most pessimistic prediction of our analysts is for the price to reach $0.01334. 

JasmyCoin Price Prediction 2027

By the financial year 2027, the bullish outlook of the analysts hope for the price to reach $0.02247. The bearish outlook of the analysts expect the price to reach $0.0172 by the end of year 2027.

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Harry is a crypto enthusiast and experienced trader with a track record of success. With a deep understanding of blockchain technology, he has analyzed market trends and identified profitable opportunities, resulting in impressive returns. Harry 's expertise lies in developing effective trading strategies that leverage the potential of cryptocurrencies. Through his articles, guides, and educational resources, he shares his insights and knowledge, helping individuals make informed trading decisions. With a keen eye for market patterns, Harry has navigated the volatile crypto landscape with confidence. Stay tuned for valuable perspectives and expert advice from Harry as he contributes to the Ailtra platform.
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