JasmyCoin and VeChain Price Analysis: A Second Bull Run in 2024?

Coin and VeChain Price Analysis A Second Bull Run in 2024 

  • JasmyCoin’s consolidation hints at indecision, with resistance at $0.0193 posing challenges.
  • VeChain struggles in a downtrend, with immediate support at $0.02229 potentially at risk.
  • Both assets face critical resistance levels, influencing their short-term market direction.

Getting further into 2024, traders are looking at price trends and key levels for JasmyCoin (JASMY) and VeChain (VET). Both tokens have been up and down in recent days, with JasmyCoin consolidating after going up and VeChain trending downward.

JasmyCoin (JASMY): Price Consolidation Amidst Key Resistance Levels

JasmyCoin is currently priced at $0.01914, and its recent price action reflects a period of consolidation. Over the past 24 hours, the coin’s price has oscillated between a low of $0.01907 and a high of $0.0193. The price briefly climbed but soon stabilized, highlighting the market’s cautious approach.

Source: Coinmarketcap

Support for JasmyCoin lies around $0.01907, a level where the price bounced earlier in the day. However, a stronger support zone could be found near $0.0188, a level likely to provide a buffer if selling pressure increases. 

Meanwhile, the price faces a…

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Source: https://coinedition.com/jasmycoin-and-vechain-price-analysis-a-second-bull-run-in-2024/