{"id":185622,"date":"2023-11-02T07:03:18","date_gmt":"2023-11-02T01:33:18","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=185622"},"modified":"2023-11-02T07:03:18","modified_gmt":"2023-11-02T01:33:18","slug":"jasmy-coin-price-corrects-but-upside-is-more-likely-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/jasmy-coin-price-corrects-but-upside-is-more-likely-crypto-news\/","title":{"rendered":"JASMY Coin Price Corrects But Upside Is More Likely &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>JASMY coin price is looking very bullish after a major surge from the October lows. However, the cryptocurrency is having a pullback due to a correction in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.investingcube.com\/bitcoin-price-prediction-becomes-bullish-as-bulls-target-40k\/\">Bitcoin<\/a> price. As a result, in the past two days, JASMY crypto has lost more than 7% of its value.<\/p>\n<p>On Wednesday, the Bitcoin price failed to break above Monday highs which resulted in a market wide sell-off. The Total 3 market capitalization of the altcoins fell 0.76% due to the profit taking after a phenomenal October rally. Consequently, Jasmy was down 4.23% today as the cryptocurrency extended its weekly loss.<\/p>\n<p>Investors are once again moving into the stablecoins as the Bitcoin dominance and the altcoin market cap both showed a downtick on Wednesday. This was evident from the increase in USDT dominance of 1.41%.<\/p>\n<p>Nevertheless, the JASMY coin price has shown a massive rebound after hitting the $0.002955 level in October. This translates into a 25.5% surge from last month lows which has flipped the outlook bullish on the shorter timeframe.<\/p>\n<p>The long-term outlook on the JASMY crypto remains negative as the price is down 99.9 from its all-time high. While it is needless to expect any miraculous recovery anytime soon, there still might be a decent relief rally after an intense sell-off in the past few months.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-jasmy-coin-price-prediction\">JASMY Coin Price Prediction<\/h2>\n<p>Let\u2019s analyze JASMY\/USD pair on a high timeframe. The following chart shows that the price has reclaimed the $0.0033 level. This has given bulls enough momentum to target the $0.0043 level which is the next major resistance.<\/p>\n<p>However, this bullish Jasmy coin price prediction will flip bearish the moment price breaks below $0.0033 level once again. This will be an extremely bearish scenario that may result in a complete capitulation for the bulls who are already underwater.<\/p>\n<p>Another factor affecting the price action will be the Bitcoin\u2019s ability to break above $35,000 level.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"427\" src=\"https:\/\/www.investingcube.com\/wp-content\/uploads\/2023\/11\/image-4-1024x427.png\" alt=\"JASMY coin price anlaysis\" class=\"wp-image-177472\" \/><figcaption class=\"wp-element-caption\">JASMY\/USD Chart<\/figcaption><\/figure>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>JASMY coin price is looking very bullish after a major surge from the October lows. However, the cryptocurrency is having a pullback due to a correction in Bitcoin price. As a result, in the past two days, JASMY crypto has lost more than 7% of its value. On Wednesday, the Bitcoin price failed to break [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":185623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-185622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/185622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=185622"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/185622\/revisions"}],"predecessor-version":[{"id":185629,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/185622\/revisions\/185629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/185623"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=185622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=185622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=185622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}