JasmyCoin (JASMY) Price Prediction 2024-2030: Will JASMY Price Hit $1 Soon?

• The bullish price prediction for JASMY could be an increase to $0.064 in 2024.
• JASMY’s price could drop to $0.052 in 2026 but might surpass $1 in 2027.
• At the maximum level, the price of JASMY might hit $5.30 in 2030.

One of the popular combinations in the market is the integration of Artificial Intelligence with blockchain. However, not many people know that projects are leveraging the Internet of Things to power the efficiency of blockchain technology.

One of those doing this is JasmyCoin—  a project introduced in 2021. For a long time, JASMY endured challenging periods with its price before respite appeared in recent times. But whether the recovery might last for a long while remains unknown. Hence, Coin Edition checks the possibility by analyzing the price action while giving details about the price prediction from 2024 to 2030.

JasmyCoin (JASMY) Real Time Market Status

What is JasmyCoin (JASMY)?

JasmyCoin is a cryptocurrency project that came out of Asia—specifically Tokyo. The idea was conceived by Jasmy Corporation, an Internet of Things (IoT) provider to protect users’ data while combining blockchain Technology and IoT.

Jasmy does this in a trustless manner using decentralized protocols. As such, users can use the network to exchange data between phones, cars, or computer devices. While Jasmy, as a firm, came alive in 2016, the JASMY cryptocurrency was launched in 2021.

The cryptocurrency serves as the utility token of the JASMY ecosystem which was built on the Ethereum (ETH) blockchain. Thus, you can refer to JASMY as an ERC-20 token. With JasmyCoin users can attain the highest level of security in the IoT ecosystem. Also, the network makes identity verifications and data protection easy while trying to reduce fraudulent activities.

JasmyCoin (JASMY) Current Market Status

JASMY’s price as of this writing was $0.021, representing a 6.74% increase in the 24 hours. However, the price of the token was not always this low but the market collapse of 2022 ensured that JASMY erased the gains it made in 2021.

In terms of the trading volume, JASMY hit $117.08 million. This was a 68% increase within the same period its price increased. The increase in volume was a sign of increased interest in the token, indicating that the price surge was not artificial. 

In terms of the market cap, data from CoinMarketCap showed that JAMSY has been able to hit the $1 billion mark recently. At press time, the market cap of JASMY was $$1.08 billion. In addition, the maximum supply of JASMY is 50 billion tokens, of which 49.29 billion are in circulation.

The token is available on several exchanges, and you can buy it on Binance, Coinbase Exchange, Huobi Global, Bitfinex, Uniswap V3, and many more.

JasmyCoin (JASMY) Price Analysis

Price predictions are sometimes difficult. However, with the right technical indicators, traders can get insights into the expected movements of cryptocurrencies. 

Although JASMY has shown an impressive performance lately, it might be too soon to assume that the price will continue to move higher through this year and next. Therefore, Coin Edition analyzes the price prediction for 2024 from a technical angle. Also, this segment would touch on the price predictions from 2025 to 2030.

JasmyCoin (JASMY) Price Analysis – Bollinger Bands

The volatility around JASMY was not as high as expected despite the price increase. A look at the daily chart showed that the Bollinger Bands (BB) was almost at the same spot as it was a few weeks ago.

From the indications shown, the price of JASMY might not extend too high in the short term. This is because the upper band of the token was around the same area as JASMY’s price at $0.021. This position could signal that JASMY was overbought. Hence, a retracement to $0.018 could be in line.

JasmyCoin (JASMY) Price Analysis – Relative Strength Index (RSI)

While the Bollinger Bands (BB) indicates volatility, the Relative Strength Index (RSI) tracks the momentum of a cryptocurrency. As of this writing, the RSI reading was above the 50.00 neutral area, indicating that the momentum was bullish.

Going by the correlation between momentum and price, JASMY could experience a further price hike. By the look of things, a rise to $0.024 resistance could be a plausible target for the cryptocurrency. 

JasmyCoin (JASMY) Price Analysis – Moving Average Convergence Divergence

The Moving Average Convergence Divergence (MACD) tracks momentum just like the RSI. At press time, the MACD was positive, suggesting that buyers are putting pressure on JASMY’s price.

Furthermore, the 12 EMA (blue) was above the 26 EMA (orange), reinforcing the notion that sellers lagged behind bulls. Going by this condition, JASMY’s price might experience another increase before a reversal to the downside occurs.

JasmyCoin (JASMY) Price Prediction 2024

To predict the price targets from 2024, Coin Edition looked at the JASMY/USD weekly chart. According to the chart, the token has been in a depression phase for months, especially since it crashed in 2022.

However, the structure shown below revealed that JASMY could be on the cusp of a breakout from this phase. One indicator supporting this bias was the Money Flow Index (MFI). As of this writing, the MFI reading had increased suggesting that the capital flowing into the JASMY market was impressive. If sustained, JASMY might hit $0.064 in 2024.

JasmyCoin (JASMY) Price Prediction – Resistance and Support Levels

Coin Edition assessed the resistance and support levels using the 4-hour JASMY/USD chart. From the chart, bulls had defended support at $0.017 which has led to a monumental increase in the cryptocurrency’s price.

However, a major resistance appeared at $0.020 which led to the token’s downturn. But later on, bulls broke through this zone, as JASMY rallied to $0.022. Meanwhile, another resistance was at $0.021. 

If the price of the token breaks below this level, it could decline to $0.018. However, if JASMY continues to rise, the next point of interest could be $0.025.

JasmyCoin (JASMY) Price Prediction 2025

The projected altcoin rally of 2025 could send JASMY’s price higher. By that time, the market cap of the token might have hit $5 billion. If this is the case, then the price of JASMY could be $0.11.

JasmyCoin (JASMY) Price Prediction 2026

JASMY might experience a notable decline in 2026 as holders of the token might take profits off the price increase of the previous years. Should this be the situation, JASMY’s price might drop to $0.052.

JasmyCoin (JASMY) Price Prediction 2027

JASMY’s price is expected to rebound in 2027 as a lot of money might flow into the ecosystem. Furthermore, the IoT sector might have investments worth trillions of dollars while impacting JASMY’s value. Thus, the price prediction of the token could be $1.04.

JasmyCoin (JASMY) Price Prediction 2028

JASMY might continue to experience a price increase in 2028. Despite the year being a Bitcoin (BTC) halving year, the price might not triple its value. However, the token might change hands at $2.16.

JasmyCoin (JASMY) Price Prediction 2029

JASMY might experience another decrease in 2029. This projected decline could be linked to a lack of liquidity for the ecosystem and attention given to other projects. If this is the case, JASMY’s price could drop to $1.73.

JasmyCoin (JASMY) Price Prediction 2030

JASMY’s price is expected to increase again in 2030. Also, this might be the year that the token crosses its current ATH as trading volume could hit billions of dollars. As such, the price of JASMY could be $5.30.

JasmyCoin (JASMY) Price Prediction 2040

JasmyCoin might continue to experience improved growth in 2040. Considering the expectation that cryptocurrency adoption could be intense, the price of JASMY might hit $7.55 in 2040.

JasmyCoin (JASMY) Price Prediction 2050

2050 could be a big year for JASMY as it could be the year the price finally hits double digits. From our analysis, JASMY could be worth $11.33 in 2050.

Conclusion

JasmyCoin’s growth in the long term could depend on the advance of the Internet of Things. If IoT experiences widespread adoption, then the token’s price might hit unimaginable heights. However, a decline in the growth could stall JASMY’s upswing. But from the look of things, JASMY is a cryptocurrency to keep an eye on in the future.

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