{"id":4718,"date":"2025-04-24T16:57:02","date_gmt":"2025-04-24T15:57:02","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4718"},"modified":"2025-04-24T16:57:03","modified_gmt":"2025-04-24T15:57:03","slug":"jasmycoin-makes-strong-comeback-time-to-buy-jasmy-tokens","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/jasmycoin-makes-strong-comeback-time-to-buy-jasmy-token\/","title":{"rendered":"JasmyCoin Rallies Back : Is Now the Right Time to Buy JASMY ?"},"content":{"rendered":"\n

A Timid Rebound After a Strong Correction<\/h2>\n\n\n\n

After reaching a local peak at $0.059<\/strong> in early December 2024<\/strong>, JASMY<\/strong> experienced a devastating correction of 85%, plummeting to $0.0082<\/strong> on April 7, 2025. However, since that low point, the altcoin has made an impressive comeback, rising 17%<\/strong> last week and reducing its annual loss to nearly 49%<\/strong>.<\/p>\n\n\n\n

The weekly chart analysis of JasmyCoin reveals a very bullish<\/a><\/strong> chart pattern: a descending wedge. This type of technical pattern is known to signal explosive price movements, as was the case in late 2023 with a rally of over 200%<\/strong>.<\/p>\n\n\n

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

Today, the pieces are falling into place once again: breaking through the upper trend line of the wedge, resuming the bullish momentum<\/strong> after a local low, and striking symmetry with the previous upward movement. Everything indicates that JASMY<\/a> could be on the verge of duplicating this performance<\/strong>.<\/p>\n\n\n\n

Key Levels to Watch for JASMY<\/h2>\n\n\n\n

If the fractal scenario unfolds, JASMY will first need to break through several major resistances<\/strong> before taking off. The first step will be to convert the 50-week moving average ($0.024) into support. Next, an intermediate resistance zone around $0.0365<\/strong> will need to be breached. This will then pave the way for a potential technical target of $0.04135<\/strong>, representing a gain of 156%<\/strong> from current levels.<\/p>\n\n\n\n

Furthermore, the weekly MACD shows early signs of reversal<\/strong>, with a contracting histogram and an upward curve, hinting at a possible imminent bullish crossover<\/strong>. These indicators are often seen as catalysts for significant trend changes in the crypto markets<\/a>.<\/p>\n\n\n\n

Despite these very encouraging technical signals, the short-term outlook for JasmyCoin is hanging on a key decision by Binance<\/a><\/strong>. According to the latest community voting results, JASMY ranks third for a potential delisting. While no delisting has been confirmed yet, this atmosphere of uncertainty could deter cautious investors<\/strong> in the short term.<\/p>\n\n\n\n

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Buy JASMY on Bitget <\/strong>today !<\/strong><\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n