- JasmyCoin (JASMY) surged 12% in 24 hours alongside a 64% rise in trading volume.
- Technical indicators like RSI, MACD, and BoP suggest rising bullish momentum.
- Price is consolidating near the upper Bollinger Band, with $0.015 as a key breakout level.
JasmyCoin (JASMY), often called “Japan’s Bitcoin,” has jumped 12% in the past 24 hours on a massive 64% spike in trading volume. The surge pushed JASMY to a daily high of $0.0153 before it settled around $0.01469, as per CoinMarketCap data.
This move comes as the Jasmy team continues to deliver on its 2025 roadmap through new partnerships and real-world use cases in secure computing and carbon credit tracking.
JASMY Price Analysis: Detailed Breakdown
Jasmy has now pushed through the mid-line of the Bollinger Bands, heading toward the upper band, a sign of expanding volatility and bullish pressure.
The bands had been tightening in previous weeks, signaling a phase of low volatility, which often precedes a sharp breakout. A clear close above $0.015 could open the door for a retest of higher Fib levels.
Momentum indicators are also turning favorable. The RSI sits at 62.24, which means that JASMY is bullish but not overbought, suggesting further room for growth. Meanwhile, the MACD just completed a bullish crossover, with the histogram flipping positive.
Although early in its uptrend phase, the MACD crossover is often an important precursor to a sustained upward move. Additionally, the Balance of Power (BoP) has shifted into positive territory, reinforcing the notion that bulls are regaining control after months of sideways movement and distribution.
Key Targets for JASMY
Currently, JASMY is holding above the 0.236 Fib level at $0.01326 and is targeting the 0.382 and 0.5 zones next. If it can clear the 0.618 level at $0.01896 decisively, price discovery toward $0.02336 and even $0.03048 could come into play.
However, if price CRASHES and fails to hold above the $0.0128 support level, the risk of a retracement toward $0.0112 or lower becomes a serious possibility.
Fundamentals Lean in Favor of the Bulls
Jasmy has made good on its promise to commercialize its platform services, with most demonstration tests reportedly completed with enterprise partners. The recently released 2025 roadmap is extremely ambitious as well.
The project’s dual strategy, platform commercialization and global community expansion, continues to gain traction, despite recent setbacks like a Binance delisting scare and a glitch in its payment app.
The integration of cross-chain capabilities and involvement in real-world applications gives the project a more solid foundation than many altcoins in its category.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
