JasmyCoin (JASMY) Price Prediction 2024-2030: Will JASMY Hit $0.05 Soon?

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JasmyCoin (JASMY) Price Prediction 2024-2030: Will JASMY Hit $0.05 Soon?
  • JasmyCoin (JASMY) price prediction ranges from $0.018 to $0.05.
  • Analysis suggests that the JASMY price might reach above $0.044 soon.
  • The JASMY bearish market price prediction for 2024 is $0.009.

Apart from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and gain experience with new cryptocurrencies. JasmyCoin (JASMY) is one of them.

Jasmy’s blockchain platform is intended to restore and safeguard individual data sovereignty. It combines traditional IoT and blockchain technology, allowing people to maintain secure control over their data. Its blockchain is decentralized and intended to protect users’ data while giving them complete control over its use.

If you are interested in the future of JASMY and want to know its predicted value for 2024, 2025, and 2030 – keep reading!

JasmyCoin (JASMY) Real Time Market Status

🪙 Name JasmyCoin
💱 Symbol JASMY
🏅 Rank #90
💲 Price $0.0181518729052
📊 Price Change (1h) -1.5 %
📊 Price Change (24h) -2.59 %
📊 Price Change (7d) -9.08 %
💵 Market Cap $894887328.368
💸 Circulating Supply 49299999677.2 JASMY
💰 Total Supply 50000000000 JASMY

JasmyCoin (JASMY) is currently trading at $0.0181518729052 and sits at number #90 on CoinMarketCap in terms of market capitalization. There are 49299999677.2 JASMY coins currently in circulation, bringing the total market cap to $894887328.368.

Over the past 24 hours, JasmyCoin has decreased by 2.59%. Looking at the last week, the coin is down by 9.08%.

What is JasmyCoin (JASMY)?

JasmyCoin (JASMY) is the cryptocurrency project of Jasmy Corporation, a Tokyo-based Internet of Things (IoT) provider. The Internet of Things, as a system, consists of mechanical and digital elements that have an identifier and the ability to transmit data. Jasmy, an IoT company, specializes in data buying and selling, and the Jasmy platform connects two groups: service providers and data users.

The Jasmy platform was created to restore and protect individual data sovereignty by combining IoT and blockchain technology and giving users complete control over their personal information. The project’s primary goal is to create a secure environment on the platform where users can freely exchange data between IoT devices (computers, cars, phones) and decentralized protocols.

Jasmy uses edge computing to decentralize the workflow and store data on IPFS (InterPlanetary File System). The project’s philosophy is based on the democratization of data through a decentralized model, in which data is securely protected and owned by an owner, and service providers have the opportunity to promote their services/business through data (owned by users).

The IPFS (InterPlanetary File System) technology used by the Jasmy network comprises the Security Knowledge Communicator (SKC) and Smart Defender. 

JasmyCoin (JASMY) Price Analysis 2024

Currently, JasmyCoin ranks 100 on CoinMarketCap by market cap. Will developments and upgrades within the JasmyCoin community lead to a rising price of JasmyCoin (JASMY)? We shall see this in this CoinEdition price analysis 2024 article.

JasmyCoin (JASMY) Price Analysis – Moving Average Convergence Divergence

The Moving Average Convergence and Divergence indicators use two exponential moving averages (EMA) to find how the cryptocurrency is doing. Usually, the longer EMA is the 26-day EMA, and the shorter is the 12-day EMA. The MACD is found by reducing the 12-day EMA from the 26-day EMA. If the MACD is positive, that means the crypto is performing well, but if it’s negative, then it is losing value. The chart shows two instances of the MACD in the negative and positive regions.

JASMY/USDT 1-Day Chart Showing Moving Average Convergence Divergence (Source: Tradingview)

Furthermore, to add more relevance to the MACD, there is an EMA of the MACD plotted on the chart. This helps the traders to gauge how the MACD is performing relative to its past behavior. Hence, if the MACD is above the Signal line it means that JASMY is performing better than average. Currently, the MACD reads a value of 0.00113 and the MACD is above the Signal line, hence, Jasmy is performing above par. 

JASMY/USDT 1-Day Chart Showing Moving Average Convergence Divergence (Source: Tradingview)

The above chart shows the 12-day EMA (Red & Green) and the 26-day EMA (Yellow & Blue). The 12-day EMA could be easily identified with its jagged movement while the 26-day EMA is much smoother. When the 12-day EMA is above the 26-day EMA, Jasmy is bullish. 

At the bottom of the chart, the MACD has been used inside a Bollinger band. This will help the trader adjudicate when the MACD is overbought or oversold. When the MACD line turns red, it means that the market is oversold and when it turns green the market is overbought. At press time, MACD has crossed above the upper Bollinger band and the market is overbought.  

JasmyCoin (JASMY) Price Analysis – Relative Strength Index

The Relative Strength Index is an indicator used to determine whether a security’s price is overvalued or undervalued. As per its name, RSI indicators help determine how the security is doing at present, relative to its previous price. For this purpose, the RSI takes the gains into account. 

The RSI value fluctuates between 0-100. When the RSI value reaches above 70 or falls below 30, PIXEL is considered overbought and oversold respectively. However,  when the price is above (<30) but less than (<70), then the trend is neutral.

JASMY/USDT 1-Day Chart Showing Relative Strength Index (Source: Tradingview)

The above chart shows that the RSI reads a value of 94 and it is in the overbought region. Moreover, as the RSI is above the Signal line, JASMY is performing above par. There is a high chance that the RSI could fall below the overbought region. In the event the preceding happens JASMY could retrace or at least go through a period of consolidation. 

JASMY/USDT 1-Day Chart Showing Relative Strength Index (Source: Tradingview)

The above chart shows a bearish divergence. JASMY was making higher highs while the RSI was making lower highs. As a result of this, there was a fall after this divergence. The RSI Tops and Bottoms indicator specifies variation in the Tops and Bottoms. When looking at the Tops, the RSI for JASMY has never recorded a value of 95. This is a special occasion where the RSI has gone into the extreme area of the overbought region. Hence, there is a high chance that JASMY could fall back into the normal zone.  

JasmyCoin (JASMY) Price Analysis – Bollinger Bands 

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time). 

The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average. When the bands widen, it shows there’s going to be more volatility and when they contract, there is less volatility.

JASMY/USDT 1-Day Chart Showing Bollinger bands (Source: Tradingview)

The chart above shows green rectangles which represent a period where the JASMY either continuously touched the upper band or the lower band. In particular, the first green triangle from the left shows JASMY hugging the lower band (oversold) while the other green rectangle shows JASMY touching the upper band. 

Currently, JASMY has gone above the upper band and it is extremely overbought. There is a high chance that the prices could retrace and fall back in within the bands.

JASMY/USDT 1-Day Chart Showing Bollinger bands (Source: Tradingview)

Currently, the Bollinger bandwidth percentile which jots the bandwidth and represents it as a percentage reads a value of 93.73%. This shows that the bands have widened too much and there is high volatility. However, as the market settles along with the buyers and sellers agreeing on a new price, JASMY may lose some value. However, it might not fall to where it rose from.    

JasmyCoin (JASMY) Price Prediction 2024

Hypothesis

JASMY/USDT 1-Day Chart (Source: Tradingview)

The above chart analysis was done when JASMY was trading at around $0.015. JASMY was trading taking the Wyckoff pattern. After going through all the phases, it was at the final phase which is Phase E. Usually, there could have been a retest of the resistance level at the top. However, this Wyckoff pattern took off as soon as it completed phase D. This could have been due to the whale activity that happened. Hence, Coin Edition suspected that there could be a fall in the prices and JASMY might fall. 

JASMY/USDT 1-Day Chart (Source: Tradingview)

Coin Edition predicted that JASMY could start rising along the white dotted lines and stated that there was a high chance that it could go past $0.022. 

Proof

JASMY/USDT 1-Day Chart (Source: Tradingview)

As accurately predicted, JASMY is trading at around $0.022 level, currently. If JASMY keeps its upward trajectory intact, with the help of the positive market sentiment, then, the next target for JASMY would be $0.044. However, if the bears interrupt, JASMY may look for support from the yellow line around the $0.011 support level.

JasmyCoin (JASMY) Price Prediction – Resistance and Support Levels

JASMY/USDT 1-Day Chart Showing Resistance and Support Levels (Source: Tradingview)

When looking at the chart above, it could be noted that JASMY tested the Resistance 2 a few times but was unable to break above it. However, it is currently above Resistance 3 probably due to the recent whale activity. If JASMY crashes it could be looking for support at the Support 1 level.  

JasmyCoin (JASMY) Price Prediction 2025

JASMY may still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, JASMY will continue to rise in 2025 forming new resistance levels. It is expected that JASMY will trade beyond the $0.085 level.

JasmyCoin (JASMY) Price Prediction 2026

After a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. This is because the traders will make profits by selling JASMY. Hence, during this period JasmyCoin could lose value drastically and reach $0.0083 by 2026. 

JasmyCoin (JASMY) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. As such, JasmyCoin may trade at around $0.020 by the end of 2027. 

JasmyCoin (JASMY) Price Prediction 2028

As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, JASMY will continue to form new higher highs and is expected to move in an upward trajectory. Hence, would be trading at $0.0360 by the end of 2028 after experiencing a surge.

JasmyCoin (JASMY) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market will gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected in the aftermath, could be trading at $0.25 by the end of 2029.

JasmyCoin (JASMY) Price Prediction 2030

After witnessing a bullish run in the market, JASMY and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, could be trading at $0.065.

JasmyCoin (JASMY) Price Prediction 2040

The long-term forecast for JASMY indicates that this altcoin could reach a new all-time high(ATH). Since this would be another year of BTC halving JASMY is expected to reach $0.35 by 2040.

JasmyCoin (JASMY) Price Prediction 2050

The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, JASMY could hit $1.75

Conclusion

If investors continue to show interest in JASMY and add these tokens to their portfolio, then, it could continue to rise up. JASMY’s bullish price prediction shows that it could reach the $ 0.022 level. 

FAQs

What is JasmyCoin (JASMY)?

JasmyCoin (JASMY) was developed by Jasmy Corporation, an Internet of Things (IoT) provider based in Tokyo. Jasmy Corporation focuses on data trading within the IoT sector, operating as an intermediary between two key entities: service providers and data consumers, facilitated by the Jasmy platform.

How to buy JasmyCoin (JASMY) tokens?

JASMY can be traded on many exchanges like Huobi Global, Binance, Coinbase Exchange, Gate.io, KuCoin, Bitfinex, Bybit, Bittrex, Kraken, etc. 

Will JasmyCoin (JASMY) token surpass its present ATH?

JASMY has a possibility of surpassing its present all-time high (ATH) price of $4.99 in 2021.

Can JASMY reach $0.022 soon?

JASMY is in the final stages of the Wyckoff pattern. Due to whale activity, it is extremely overbought. However, when the market corrects the prices, it could fall and thereafter rise above $0.022.

What is the present all-time low price of JASMY?

The present all-time low of JASMY is $0.002747 in 2022.

Who are the Co-founders of JASMY?

Jasmy was founded in April 2016 in Tokyo by several former Sony executives including Kunitake Ando (Representative Director of Jasmy & Former President and COO of Sony Corporation), Kazumasa Sato (President & COO at Jasmy and Former CEO of Sony Style.com Japan Inc.), Masanobu Yoshida (Deputy President & CTO at Jasmy, retired as of December 2021), and Hiroshi Harada (CFO at Jasmy & Executive Financial Analyst at KPMG).

What is the maximum supply of JASMY?

The maximum supply of JASMY is 50,000,000,000.

Where do I store JASMY?

JASMY can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the JasmyCoin (JASMY) price in 2024?

JASMY is expected to reach $0.022 by 2024.

What will be the JasmyCoin (JASMY) price in 2025?

JASMY is expected to reach $0.085 by 2025.

What will be the JasmyCoin (JASMY) price in 2026?

JASMY is expected to reach $0.0083 by 2026.

What will be the JasmyCoin (JASMY) price in 2027?

JASMY is expected to reach $0.020 by 2027.

What will be the JasmyCoin (JASMY) price in 2028?

JASMY is expected to reach $0.036 by 2028.

What will be the JasmyCoin (JASMY) price in 2029?

JASMY is expected to reach $0.25 by 2029.

What will be the JasmyCoin (JASMY) price in 2030?

JASMY is expected to reach $0.065 by 2030.

What will be the JasmyCoin (JASMY) price in 2040?

JASMY is expected to reach $0.35 by 2040.

What will be the JasmyCoin (JASMY) price in 2050?

JASMY is expected to reach $1.75 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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.