astronaut
Pearl
NEAR Protocol
Walrus
Zylo Ecosystem
Bitcoin
Hyperliquid
- The price volatility of JASMY crypto is extremely high, resulting in 24.5%.
- In the last 1 year, the price of JasmyCoin has advanced by 830%.
JasmyCoin (JASMY), an ERC-20 cryptocurrency, was developed by Tokyo-based Jasmy Incorporated, led by former Sony executives.
It enables token transfers and payments, aiming to treat data as personal assets. Users connect via Ethereum wallets for Secure Knowledge Communicator (SKC) and Smart Guardian (SG) services, ensuring data control and IoT security.
The JasmyCoin price has advanced by 1270% from its all-time low price of $0.002747, which was achieved a year ago.
The trading volume for JasmyCoin has also witnessed a massive surge of 140% in the last 24 hours. Following the huge rise in crypto activity, the market cap has also advanced by 3.6%, resulting in $1.779B.
JasmyCoin has an outstanding market cap presence followed by a market cap dominance of 0.07%. Also, the crypto’s market cap ranking is #51, and the volume/market cap ratio is 12.90%. That shows excellent liquidity in the crypto.
JasmyCoin Crypto Derivatives Data Analysis
The open interest in JasmyCoin crypto has advanced by 26% in the last 24 hours, showing a surge in the open positions in the crypto.
The liquidations in JasmyCoin crypto have witnessed a strong fight followed by an equal amount of longs and shorts liquidated in the last few days.
Following this, over the last 24 hours, the short liquidations recorded for the crypto are worth $431.80K against the long liquidation of $187.65K. It shows buyers’ dominance in the crypto price.
JASMY Crypto Technical Analysis
The price of the JASMY crypto has broken above the descending triangle pattern and has consistently advanced to higher levels.
The price of JASMY crypto was consolidating in a small dynamic range for a long time, leading to a descending triangle pattern. The trading price further broke out above the pattern with a strong surge in trading volume.
The price further formed a swing at higher levels, creating a bullish structure by sustaining above the previous swing highs. Furthermore, solid bullish candlesticks can be seen on the charts, indicating a higher probability of a further surge in the crypto price.
JASMY/USD Chart by TradingView
The 20, 50, and 200-day EMAs are trading in a golden cross, and the price of the JASMY crypto has sustained above all the EMAs. It also recently took support at the 20-day and is continuing to advance to higher levels.
Despite this, the MACD is neutral on the daily crypto chart, followed by bearish histograms. Despite this, the MACD indicator is trading on a bullish trajectory.
The RSI has also sustained above the 50 level, following a bullish cycle of trading at 56.6 at press time.
Summary
JasmyCoin has surged 1270% from its all-time low, with a 140% increase in trading volume in the last 24 hours.
The price broke above a descending triangle, forming a bullish structure. With strong liquidity, open interest up 26%, and key EMAs in a golden cross, further price increases are likely.
The support levels for the JASMY crypto are $0.0240 and $0.0310, followed by the resistance levels of $0.0440 and $0.50.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
