🔥Besides hot trends like MEME, RWA, L2 or AI, other token groups are emerging. JASMY is growing silently without anyone paying attention. Because of the growth of other token groups, even though it increased 76% in May, no one noticed.
🔥In terms of technical analysis, JASMY has broken the ATH of the year, waiting for a retest and heading towards higher territory. The nearest hurdle is 0.346.
🔥Besides, sharks collect very strongly and each wallet has about 2 million dollars and hasn't done anything to collect it around for 1-2 weeks now, the risk of x5-10 of these sharks is very possible.
JasmyCoin (JASMY) – a crypto project of Jasmy Corporation specializing in the field of IoT (Internet of Thing). JASMY price just recorded a new 2024 high with a surge in trading volume. This is the basis to expect JASMY price to continue to reach higher levels in June.
The JASMY price structure shows that the 0.016 USD support zone is highly expected. Investors continuously buy up when prices fall towards this support. By May, JASMY price officially broke out to set a new high of the year.
JASMY price fluctuations over the past two years.
From here, the 0.016 price range continues to act as important support for JASMY until the end of 2024. In a bad situation, if the price suddenly reverses, 0.016 is still a good buying opportunity for spot traders.
The Fibonacci price measure from bottom to peak in 2024 is suggesting the possibility that JASMY price could reach the golden ratio of 1.618, equivalent to 0.04 USD. The current near support is the old peak at 0.027 USD.
CoinmarketCap said the spike in intraday trading volume shows demand for JASMY in the current context