{"id":32888,"date":"2024-06-23T12:08:19","date_gmt":"2024-06-23T12:08:19","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/jasmycoin-defies-broader-crypto-market-as-price-surges-12\/"},"modified":"2024-06-23T12:08:19","modified_gmt":"2024-06-23T12:08:19","slug":"jasmycoin-defies-broader-crypto-market-as-price-surges-12","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/jasmycoin-defies-broader-crypto-market-as-price-surges-12\/","title":{"rendered":"JasmyCoin defies broader crypto market as price surges 12%"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/06\/jasmy-price-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/06\/jasmy-price-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/06\/jasmy-price-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/06\/jasmy-price-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>JasmyCoin surges 12% as price defies broader crypto market<\/li>\n<li>JASMY could flip to $0.04 if bulls hold above key support level<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/jasmycoin\/\">JasmyCoin (JASMY)<\/a>, the native token of a Japan-based cryptocurrency project for decentralized data, has witnessed a significant price increase as most top altcoins mirror Bitcoin\u2019s consolidation in the past month.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On June 23, JASMY price was up 12% \u2013 more than any other token in the top 100 by market cap.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As BTC and ETH hovered around the $64k and $3.5k price levels respectively, JasmyCoin was trading above $0.033, seeing a notable surge in daily volume and one of the top trending crypto tokens in the market.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">JASMY price \u2013 what happened?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">While JasmyCoin remains nearly 7% down in the past week, the past 24-hour gains have helped stem recent rot that saw JASMY fall to around $0.027.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The declines had accelerated once JASMY retreated from above $0.044 in early June, with a breakdown to $0.030 coinciding with Bitcoin\u2019s sharp descent this month. As the crypto market struggled with sell-off pressure amid macroeconomic events and miner selling, JASMY broke below a technical support area to reach lows of $0.027 on June 21.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Today\u2019s upside is a continuation of the bullish flip over the past two days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to CoinGecko data, this cryptocurrency has recorded a decent 24% uptick in 24-hour trading volume, currently at over $200 million. On the previous day, volume reached $176 million as price moved from near $0.029 to $0.032.<\/span><\/p>\n<p>Read more: <a href=\"https:\/\/coinjournal.net\/news\/jasmy-unveils-major-partnership-with-panasonic\/\">Jasmy unveils major partnership with Panasonic<\/a><\/p>\n<h2><span style=\"font-weight: 400\">JasmyCoin chart<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The technical picture for JasmyCoin suggests a slightly upper hand for bulls.<\/span><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/x\/9cEgTUvm\/\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-209983\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/06\/jasmycoin-price-chart.png\" alt=\"\" width=\"1074\" height=\"545\"\/><\/a><\/p>\n<p><span style=\"font-weight: 400\">As shown above, the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) on the 4-hour chart both offer this advantage. The chart also shows JASMY is nicely poised despite the retreat from the resistance line of the Bollinger Bands.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/www.tradingview.com\/x\/Wf19HSMH\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">daily chart<\/span><\/a><span style=\"font-weight: 400\"> however shows RSI and MACD slightly favouring bears. <\/span><\/p>\n<p><span style=\"font-weight: 400\">In this case, buyers must hold price above the psychologically important $0.030 level to prevent a bearish flip. On the upside, JASMY coin\u2019s major hurdle could be around $0.38-$0.040.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/jasmycoin-defies-broader-crypto-market-as-price-surges-12\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) JasmyCoin surges 12% as price defies broader crypto market JASMY could flip to $0.04 if bulls hold above key support level JasmyCoin (JASMY), the native token of a Japan-based cryptocurrency project for decentralized data, has witnessed a significant price increase as [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":32889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32888"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=32888"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32888\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/32889"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=32888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=32888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=32888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}