- Bullish JASMY price prediction for 2024 is $0.02894 to $0.05662.
- JasmyCoin (JASMY) price might reach $0.1 soon.
- Bearish (JASMY) price prediction for 2024 is $0.00839.
In this JasmyCoin (JASMY) price prediction 2024, 2025-2030, we will analyze the price patterns of JASMY by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
JASMYCOIN (JASMY) PRICE PREDICTION 2024 |
|
JASMYCOIN (JASMY) PRICE PREDICTION 2025, 2026-2030 |
CONCLUSION |
FAQ |
JasmyCoin (JASMY) Current Market Status
Current Price | $0.01923 | 24 – Hour Price Change | 4.54% Down |
24 – Hour Trading Volume | $61.5M |
Market Cap | $953.85M |
Circulating Supply | 49.3B JASMY | All – Time High | $4.99 (On February 16, 2021) |
All – Time Low | $0.002747 (On December 30, 2022) |
(Source: CoinMarketCap)
What is JasmyCoin (JASMY)
TICKER | JASMY |
BLOCKCHAIN | Ethereum |
CATEGORY | Internet of Things (IoT) |
LAUNCHED ON | February 2021 |
UTILITIES | Governance, security, gas fees & rewards |
JasmyCoin (JASMY) is a cryptocurrency developed by Jasmy Corporation, a Japanese company specializing in Internet of Things (IoT) solutions. The coin operates on the Ethereum blockchain and aims to provide a decentralized platform for secure data exchange. By leveraging blockchain technology, JasmyCoin seeks to enhance data sovereignty and security for users, allowing them to control and manage their personal data independently from centralized entities.
The primary focus of JasmyCoin is on IoT devices and data management. It facilitates data sharing and storage between various devices while ensuring data integrity and privacy. This is particularly relevant in an era where data breaches and privacy concerns are prevalent. Jasmy’s platform offers businesses and individuals the tools to harness IoT data in a secure and efficient manner.
JasmyCoin also serves as a utility token within the Jasmy ecosystem, enabling transactions, incentivizing data sharing, and rewarding participants. As the project grows, it aims to foster a more connected and secure IoT environment, contributing to the broader adoption of blockchain technology in everyday applications.
JasmyCoin 24H Technicals
JasmyCoin (JASMY) Price Prediction 2024
JasmyCoin (JASMY) ranks 63rd on CoinMarketCap in terms of its market capitalization. The overview of the JasmyCoin price prediction for 2024 is explained below with a daily time frame.
In the above chart, JasmyCoin (JASMY) laid out a Descending Channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is characteristic of a bearish market.
At the time of analysis, the price of JasmyCoin (JASMY) was recorded at $0.02535. If the pattern trend continues, then the price of JASMY might reach the resistance levels of $0.02125, $0.03374 and $0.04496. If the trend reverses, then the price of JASMY may fall to the support of $0.01585.
JasmyCoin (JASMY) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of JasmyCoin (JASMY) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of JasmyCoin (JASMY) for 2024.
Resistance Level 1 | $0.02854 |
Resistance Level 2 | $0.05662 |
Support Level 1 | $0.01456 |
Support Level 2 | $0.00839 |
JasmyCoin (JASMY) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of JasmyCoin (JASMY) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current JasmyCoin (JASMY) market in 2024.
INDICATOR | PURPOSE | READING | INFERENCE |
50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.02241 Price = $0.01951 (50MA > Price) | Bearish/Downtrend |
Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 46.94 <30 = Oversold 50-70 = Neutral >70 = Overbought | Oversold |
Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak Volume |
JasmyCoin (JASMY) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of JasmyCoin (JASMY) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of JasmyCoin (JASMY).
INDICATOR | PURPOSE | READING | INFERENCE |
Average Directional Index (ADX) | Strength of the trend momentum | 27.63457 | Weak Trend |
Relative Volatility Index (RVI) | Volatility over a specific period | 47.58 <50 = Low >50 = High | Low Volatility |
Comparison of JASMY with BTC, ETH
Let us now compare the price movements of JasmyCoin (JASMY) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of JASMY is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of JASMY decreases, if the price of BTC and ETH decreases, the price of JASMY increases. .
JasmyCoin (JASMY) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of JasmyCoin (JASMY) between 2025, 2026, 2027, 2028, 2029, and 2030.
Year | Bullish Price | Bearish Price |
JasmyCoin (JASMY) Price Prediction 2025 | $0.2 | $0.008 |
JasmyCoin (JASMY) Price Prediction 2026 | $0.4 | $0.007 |
JasmyCoin (JASMY) Price Prediction 2027 | $0.6 | $0.006 |
JasmyCoin (JASMY) Price Prediction 2028 | $0.8 | $0.005 |
JasmyCoin (JASMY) Price Prediction 2029 | $1 | $0.004 |
JasmyCoin (JASMY) Price Prediction 2030 | $2 | $0.003 |
Conclusion
If JasmyCoin (JASMY) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish JasmyCoin (JASMY) price prediction for 2024 is $0.05662. Comparatively, if unfavorable sentiment is triggered, the bearish JasmyCoin (JASMY) price prediction for 2024 is $0.00839.
If the market momentum and investors’ sentiment positively elevate, then JasmyCoin (JASMY) might hit $0.1. Furthermore, with future upgrades and advancements in the JasmyCoin ecosystem, JASMY might surpass its current all-time high (ATH) of $4.99 and mark its new ATH.
FAQ
1. What is JasmyCoin (JASMY)?
JasmyCoin (JASMY) is a cryptocurrency developed by Jasmy Corporation, a Japanese company specializing in Internet of Things (IoT) solutions.
2. Where can you buy JasmyCoin (JASMY)?
Traders can trade JasmyCoin (JASMY) on the following cryptocurrency exchanges such as Binance, UZX, LBank, Toobit, and Bybit.
3. Will JasmyCoin (JASMY) record a new ATH soon?
With the ongoing developments and upgrades within the JasmyCoin platform, JasmyCoin (JASMY) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of JasmyCoin (JASMY)?
JasmyCoin (JASMY) hit its current all-time high (ATH) of $4.99 on February 16, 2021.
5. What is the lowest price of JasmyCoin (JASMY)?
According to CoinMarketCap, JASMY hit its all-time low (ATL) of $0.002747 on December 30, 2022.
6. Will JasmyCoin (JASMY) hit $0.1?
If JasmyCoin (JASMY) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.1 soon.
7. What will be the JasmyCoin (JASMY) price by 2025?
JasmyCoin (JASMY) price might reach $0.2 by 2025.
8. What will be the JasmyCoin (JASMY) price by 2026?
JasmyCoin (JASMY) price might reach $0.4 by 2026.
9. What will be the JasmyCoin (JASMY) price by 2027?
JasmyCoin (JASMY) price might reach $0.6 by 2027.
10. What will be the JasmyCoin (JASMY) price by 2028?
JasmyCoin (JASMY) price might reach $0.8 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Source: https://thenewscrypto.com/jasmycoin-jasmy-price-prediction/