{"id":3060,"date":"2025-04-09T17:26:00","date_gmt":"2025-04-09T16:26:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=3060"},"modified":"2025-04-09T17:20:56","modified_gmt":"2025-04-09T16:20:56","slug":"jasmycoin-jasmy-ready-for-explosive-surge-soon","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/jasmycoin-jasmy-ready-for-explosive-surge-soon\/","title":{"rendered":"Is JasmyCoin (JASMY) ready for an explosive surge soon ?"},"content":{"rendered":"\n

A Strong Surge in JASMY Token Demand<\/h2>\n\n\n\n

After a sharp drop<\/strong> earlier this week, hitting an annual low of $0.0082<\/strong>, JasmyCoin<\/strong> has bounced back remarkably, recording a 4% increase in the last 24 hours. This sudden recovery has naturally raised questions about the sustainability of this upswing, with concerns about a mere “dead cat bounce.”<\/p>\n\n\n\n

However, both technical indicators and on-chain data suggest that this increase is driven by a genuine resurgence in demand<\/strong> for the JASMY token. For instance, its On-Balance Volume (OBV) indicator shows an upward trend, rising from $177.36 billion<\/strong>. Since JASMY hit its yearly low on Monday, its OBV has risen by 2%<\/strong>, indicating a renewed investor interest.<\/p>\n\n\n

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\"JASMY
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

Furthermore, JASMY is now trading<\/a> above the levels of its Parabolic Stop and Reverse (SAR) indicator, confirming this favorable trend reversal<\/strong>. This tool helps identify market trend changes, and its upward cross indicates a bullish phase for JASMY.<\/p>\n\n\n\n

Breaking Through the $0.012 Resistance for Higher Targets<\/h2>\n\n\n\n

Currently, JASMY is trading at $0.010<\/strong>, remaining below the major resistance <\/strong>of $0.012<\/strong>. If buying pressure strengthens, the token could turn this area into strong support, paving the way for a move up to $0.017<\/strong>.<\/p>\n\n\n

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\"JASMY
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

However, a resurgence in profit-taking could jeopardize this positive momentum. In this scenario, JASMY’s price could potentially retest its yearly low of $0.0082<\/strong>.<\/p>\n\n\n\n

As investors<\/a> monitor these developments, technical indicators and on-chain analysis indicate that the current revival of JASMY seems firmly rooted in renewed demand<\/strong>. If this trend continues, the token could well continue its bullish run in the coming weeks.<\/p>\n\n\n\n

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