Latest Trends: $JASMY at $0.034876 (-1.76%)
JasmyCoin (JASMY) recently experienced a remarkable 25% surge within a single day, now trading at $0.0311 as of 03:58 a.m. EST. This spike was accompanied by a significant 410% increase in trading volume, amounting to $577 million. The rise followed Japan's announcement of integrating its My Number card function with iPhones next spring, sparking investor optimism that #jasmy. might benefit from this integration. However, there has been no official confirmation from Apple, JasmyCoin, or Japanese authorities regarding this development.
JASMY has previously been associated with Japan’s My Number Card iTrust authentication service, which aims to utilize blockchain technology for secure authentication and encryption.
JasmyCoin Technical Overview
The anticipation surrounding Apple's potential integration allowed JASMY to break past the $0.024 support level, reaching the $0.032 resistance mark, as reported by GeckoTerminal. The cryptocurrency is currently trading above both its 50-day and 200-day Simple Moving Averages (SMAs), with these averages providing critical support at $0.024 and $0.020, respectively.
The Relative Strength Index (RSI) stands at 68, nearing the overbought threshold of 70, indicating strong buying activity. The Moving Average Convergence Divergence (MACD) further supports a bullish outlook, with the MACD line crossing above the signal line, signaling a bullish crossover. The green histogram bars above the neutral line also suggest positive momentum.
Future Price Projections for JasmyCoin
JasmyCoin's current bullish momentum suggests it may soon break the $0.032 resistance, potentially aiming for the next resistance level at approximately $0.0633. However, should investors decide to take profits from the recent rally, the price could drop to the $0.020 support level, coinciding with the 200-day SMA.
Rising Star: 99Bitcoins ICO
Amidst the attention on JASMY, the 99Bitcoins project is also making significant strides. This Learn-To-Earn platform, with over 2 million registered users and 700,000 YouTube subscribers, has already raised more than $1.7 million in its presale phase.
Since its inception in 2013, 99Bitcoins has focused on providing comprehensive guides on crypto trading, wallets, and earning methods. It is now launching the $99BTC token ICO, featuring a Learn-To-Earn (L2E) model that rewards users with $99BTC tokens for completing educational tasks and challenges.
99Bitcoins plans to integrate its tokens into the Bitcoin network using the BRC-20 standard. Token holders will also have the opportunity to stake their $99BTC tokens, earning an annual percentage yield (APY) of 944%.
According to crypto analyst Jacob Bury, the 99Bitcoins token could see a substantial increase in value, potentially transforming a $1,000 investment into $10,000 following its launch. Currently, $99BTC tokens are available for $0.00107 each, with an imminent price hike. Interested investors can join the presale on the official website using $ETH , USDT, or a bank card.
