JasmyCoin Price Prediction: JASMY Surges 19%, But Experts Say This Might Be The Best Crypto To Buy Now
The JasmyCoin price has surged 19% in the last 24 hours to trade at $0.05392 as of 3:30 a.m. EST on a 285% pump in trading volume to $2.4 billion. JasmyCoin Price Spikes In A Parabolic Curve The JASMY/USD daily chart shows strong bullish momentum with a parabolic price movement. After consolidating around $0.01–$0.015 for quite some time, the price drastically surged, breaking out of its base and trading at $0.05392. This is quite a rally, but a -7.78% pullback on the day indicates higher-level profit-taking or resistance. The parabolic curve formation indicates aggressive buying interest, but such patterns often correct once momentum slows. JASMYUSD Analysis Source: Dextools.io The formation of a golden cross, where the 50-day Moving Average (MA) is on the verge of crossing above the 200-day MA, generally indicates that long-term sentiment is shifting toward a stronger uptrend. Supporting this view is the MACD indicator, which remains positive, with the MACD lin...