JASMY Price Fluctuates at $0.008784, Limited by Technical Resistance
- Price Decline: JASMY is currently trading at $0.008784, reflecting a 4.3% drop from the previous day, indicating a defensive market stance as it fails to break the $0.01003 resistance, limiting upside potential.
- Technical Range: The price fluctuates between the support level of $0.008466 and the resistance at $0.01003, suggesting a lack of directional movement within this technical range, with traders focusing on weekly closing behavior to gauge future trends.
- Relative Strength: Despite dollar weakness, JASMY shows growth against BTC and ETH, increasing by 2.0% and 3.2% respectively, indicating relative strength that may attract more investor interest amid declines in major assets.
- Concentrated Market Activity: Market activity is primarily concentrated around established price levels, with sellers maintaining control near resistance while buyers defend the lower boundary, resulting in reduced volatility and reflecting a cautious market attitude towards the current price range.
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Technical Analysis for JASMY
Technical Sentiment Analysis for JasmyCoin (JASMY) As of , JasmyCoin (JASMY) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for JASMY stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, JASMY is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
JasmyCoin (JASMY) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00254 | 0.00351 | 0.00464 | 0.00561 | 0.00674 | 0.00771 | 0.00884 |
| Fibonacci | 0.00351 | 0.00431 | 0.00481 | 0.00561 | 0.00641 | 0.00691 | 0.00771 |
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