Jasmy coin surged by nearly 73% in the past week, hitting a new yearly high.
Since the year began, JASMY's price has risen over 480%, reaching $0.037220, with potential for further gains.
Daily wave count suggests JASMY initiated a five-wave increase in October 2023, now possibly in the final phase.
Weekly chart indicates JASMY broke out of a Bullish Pennant pattern, signaling bullish momentum.
On the daily chart, a close in green today may form a Three White Soldiers pattern, fueling further rally.
Technical indicators show a notable trend shift: Gaussian channel turns green, RSI indicates overbought at 84, signaling upward movement.
As per Coin Gabbar analysis, With continued bullish momentum, JASMY could potentially reach $0.050000 in the coming weeks.
After a robust surge, a significant correction may occur, with nearest support expected at $0.02700.
KEY LEVELS :
RESISTANCE LEVEL : $0.050000-$0.070000
SUPPORT LEVEL : $0.025000-$0.015000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
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