JasmyCoin's market activity on October 10, 2024, showed a slight decline, with the coin dropping by 0.94% over the past 24 hours. It faced strong resistance at $0.03351 and a key support level around $0.03003. If the price had fallen below that, it could have dipped further towards $0.02961. JasmyCoin was trading under bearish pressure, as indicated by technical patterns like the Ichimoku Cloud, which confirmed a bearish outlook. Despite this, narrowing volatility bands suggest that the coin might be approaching an oversold position, potentially leading to a short-term rebound.
Over the past month, Jasmy experienced low volatility (around 8.68%), with 15 green days. However, the medium-term trend remained bearish, and sentiment indicators showed 69% negative predictions. The Relative Strength Index (RSI) stood at 43.21, suggesting a neutral position between overbought and oversold.
Keep an eye on support levels and volatility changes to assess whether a rebound could occur soon.
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