JasmyCoin (JASMY) Price Prediction 2022-2030: Will JASMY Price Hit $0.05 Soon?

• JasmyCoin(JASMY) price prediction ranges from $0.002744 to $0.049527.
• Analysis suggests that the JASMY price might reach above $0.05 soon.
• The JASMY bearish market price prediction for 2023 is $0.002744.

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 2023, 2024, 2025, and 2030 – keep reading!

JasmyCoin (JASMY) Market Overview

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.

The mission of Jasmy developers is to shape an environment where users can use data easily, safely, and smoothly. As a result, Jasmy aims to provide its users with a powerful infrastructure, an easy-to-use interface, and a secure environment for data storage and sharing. Information can be converted into personal assets in the Jasmy space.

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 Jasmy network ensures a decentralized infrastructure based on security and trust for data management. As a result, the JasmyCoin project strives to provide the highest level of market safety and security, and the active use of IoT devices aids in the reduction of fraud.

User data is kept in a secure personal data storage facility. The IPFS (InterPlanetary File System) technology used by the Jasmy network comprises the Security Knowledge Communicator (SKC) and Smart Defender. To activate SKC, users must complete registration and identity verification, after which they can track transactions and manage data. With the assistance of the Smart Guardian (SG) service, IoT devices are securely registered.

JasmyCoin is a Japanese cryptocurrency that complies with Japanese legislation and is subject to all financial audits. JasmyCoin is a legal platform that must be officially registered. It gives the JASMY token a role similar to that of shares or securities. Jasmy may be liable if investors’ savings are exposed. For such violations, Japanese law allows license revocation and liability.

JasmyCoin (JASMY) Current Market Status

The maximum supply of the JasmyCoin is unknown, while its circulating supply is 47,569,999,999 JASMY coins, according to CoinMarketCap. JASMY is trading at $0.004859, representing a 24-hour increase of 1.48% at the time of writing. The trading volume of JasmyCoin in the past 24 hours is $44,718,265, representing a 4.98% decrease.

Some top cryptocurrency exchanges for trading JasmyCoin (JASMY) are Binance, Coinbase Exchange, Kucoin, Huobi Global, Bithumb, and others.

Now that you know what JasmyCoin is and its current market status, we shall discuss the price analysis of JasmyCoin(JASMY) for 2023.

JasmyCoin (JASMY) Price Analysis 2023

Currently, JasmyCoin ranks 145 on CoinMarketCap. Will developments and upgrades within the JasmyCoin community lead to a rising price of JasmyCoin (JASMY)? We shall see this in this Coin Edition price analysis 2023 article.

JasmyCoin (JASMY) Price Analysis – Keltner Channel

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. The price is in the lower half of the Keltner Channel, indicating that more people are selling JASMY than buying it. The current decline in the price of JASMY might also continue before any expected reversal, given that the last candlestick is bullish.

JasmyCoin (JASMY) Price Analysis – Relative Strength Index

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of JasmyCoin (JASMY) 1-day chart of JASMY/USDT is 43.14.  This shows that JASMY is just under the strong trend zone, as a strong trend needs to have an RSI value between 50 and 70. 

JasmyCoin (JASMY) Price Analysis – Moving Averages

The chart above shows the 1-Day JASMY 200-day and 50-day Moving Average (MA) chart. JASMY is on a short-term bearish trend; in the chart, since the 50-day MA is above the candlesticks. Moreover, there was a Golden Cross but this did not produce a surge in JASMY prices as expected from a conventional Golden Cross.  

JasmyCoin (JASMY) Price Prediction 2023

Looking at the 1-Day JASMY/USDT, JASMY is now inside a bullish falling wedge. Although we cannot denote for sure according to the 1-Day chart, JASMY could break out of the bullish falling wedge and reach resistance at $0.009650. Meanwhile, our long-term JASMY price prediction for 2023 is bullish since it cannot break the present support level. We can expect JASMY to reach $0.009084 in 2023.

JasmyCoin (JASMY) Price Prediction – Resistance and Support Levels

Above is the 1-Day technical chart of JASMY/USDT. JASMY has been fluctuating between $0.002712 and $0.008380 for the past 30 days. If more bears gain pressure and push the price downwards, we could expect JASMY to reach $0.003228. 

JASMY might trend above the $0.012845 resistance level and even higher in 2023, a bullish signal.

JasmyCoin (JASMY) Price Prediction 2024

There will be Bitcoin halving in 2024. Hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect JASMY to trade at a price not below $0.044568 by the end of 2024.

JasmyCoin (JASMY) Price Prediction 2025

We should expect JASMY to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving of the previous year. Hence, JASMY could end 2025 by trading at around $0.074592.

JasmyCoin (JASMY) Price Prediction 2026

Since the maximum supply of JASMY has already been accumulated, it is possible that the bearish market that follows a strong bullish run will have little impact on its previous price due to the entrance of more institutional investors to its platform. With this, the price of JASMY could break the normal trend and trade at $0.092607 by the end of 2026.

JasmyCoin (JASMY) Price Prediction 2027

Investors expect a bullish run next year, 2028, due to Bitcoin halving. Hence, the price of JASMY could consolidate on the previous gains and even break more psychological resistance levels due to investors’ positive sentiment. Hence, JASMY could trade at $0.121692 by the end of 2027.

JasmyCoin (JASMY) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain a higher high value. JasmyCoin (JASMY) could hit $0.185065 by the end of 2028.

JasmyCoin (JASMY) Price Prediction 2029

By 2029, there could be a lot of stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of JASMY to $0.245157 by the end of 2029.

JasmyCoin (JASMY) Price Prediction 2030

The cryptocurrency market experiences high stability as a result of the hodling activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of JasmyCoin (JASMY) to trade around $0.364282 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the previous years.

Conclusion

As mentioned above, JASMY might reach $0.019542 in 2023 and $0.364282 by 2030 if investors decide that JASMY is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

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 own 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.

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