Binance Market Analysis: JASMY/TRY, $KSM /TRY, and $DASH /USDT – Key Price Movements and Targets
The cryptocurrency market is always in flux, and today we focus on three notable trading pairs on Binance: JASMY/TRY, KSM/TRY, and DASH/USDT. Each of these pairs has shown impressive price movements recently, with JASMY/TRY and KSM/TRY both displaying strong bullish momentum, while DASH/USDT also benefits from a notable rise, particularly with leverage. This post will analyze the technical details of each pair, key support and resistance levels, and potential price targets for traders to consider.
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1. $JASMY /TRY: Strong Bullish Momentum (+13.38%)
Current Price: 1.415 TRY
24h Change: +13.38%
USD Equivalent: $0.04008498
Overview:
The JASMY/TRY pair has gained 13.38% over the past 24 hours, now trading at 1.415 TRY (around $0.04008498 USD). This impressive increase indicates a surge in demand for JASMY against the Turkish Lira, likely driven by positive market sentiment or specific news catalysts that are boosting the altcoin. Traders are taking advantage of this upward trend, and JASMY/TRY may continue to rise if the bullish momentum holds.
Technical Analysis:
Trend: JASMY/TRY has demonstrated strong bullish behavior over the past day, signaling that demand is outweighing selling pressure. This price surge is a sign that the market is confident in the future prospects of JASMY.
Support & Resistance Levels:
Support: The 1.350 TRY zone is the first key support. If there’s a price pullback, this could serve as an ideal entry point for long positions.
Resistance: 1.500 TRY is the immediate resistance level. A breakout above this level would confirm continued bullish strength, with the next target being 1.600 TRY.
Target Prediction:
Bullish Target: A break above 1.500 TRY could send JASMY/TRY towards 1.600 TRY. This would represent a further 13% increase and a key point for profit-taking.
Conclusion: The JASMY/TRY pair is