Jasmy (JASMY) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Jasmy price prediction, the price of Jasmy is predicted to rise by 222.48% and reach $ 0.131844 by July 7, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 77 (Extreme Greed). Jasmy recorded 18/30 (60%) green days with 29.11% price volatility over the last 30 days. Based on the Jasmy forecast, it's now a good time to buy Jasmy.

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Based on the historical price movements of Jasmy and the BTC halving cycles, the yearly low Jasmy price prediction for 2025 is estimated at $ 0.040884. Meanwhile, the price of Jasmy is predicted to reach as high as $ 0.189469 next year. Using the same basis, here is the Jasmy price prediction for each year up until 2030.

Jasmy price prediction 2025

The Jasmy price prediction for 2025 is currently between $ 0.040884 on the lower end and $ 0.189469 on the high end. Compared to today’s price, Jasmy could gain 328.67% by 2025 if JASMY reaches the upper price target.

Jasmy price prediction 2030

The Jasmy price prediction for 2030 is currently between $ 0.099009 on the lower end and $ 0.160534 on the high end. Compared to today’s price, Jasmy could gain 263.20% by 2030 if it reaches the upper price target.

Jasmy's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Jasmy's 200-day SMA will rise in the next month and will hit $ 0.024825 by Jul 07, 2024. Jasmy's short-term 50-Day SMA is estimated to hit $ 0.058545 by Jul 07, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 81.75, which indicates that the JASMY market is in a overbought position. The RSI indicator suggests that the price of JASMY will increase.

Popular JASMY Moving Averages and Oscillators for Fri, Jun 07, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Jasmy Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Jasmy Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.039957, Jasmy has support levels of $ 0.038779, $ 0.036699, and the strongest at $ 0.035521. Similarly, Jasmy resistance levels are at $ 0.042037, $ 0.043215, and $ 0.045295.

Jasmy Correlation

Over the past 7 days, Jasmy price was most positively correlated with the price of Monero (XMR), Kaspa (KAS), Binance Coin (BNB), Oasis Network (ROSE) and Toncoin (TON) and most negatively correlated with the price of Arbitrum (ARB), Lido DAO Token (LDO), Maker (MKR), Pepe Coin (PEPE) and Bitget Token (BGB).

Jasmy price is negatively correlated with the top 10 coins by market cap with a price of -0.067, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.295.

Currencies that are positively correlated with Jasmy indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Jasmy, a move in one direction for Jasmy would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Jasmy price in the future, it’s helpful to also explore Jasmy’s price history. In the last month, the JASMY/USD pair is down .

Jasmy Price Analysis

How to read and predict Jasmy price movements?

Jasmy traders use a variety of tools to try and determine the direction in which the JASMY market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Jasmy price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Jasmy Price Prediction Indicators

Moving averages are among the most popular Jasmy price prediction tools. As the name suggests, a moving average provides the average closing price for JASMY over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for JASMY is a sum of JASMY’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the JASMY price moves above any of these averages, it is generally seen as a bullish sign for Jasmy. Conversely, a drop below an important moving average is usually a sign of weakness in the JASMY market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the JASMY price.

How to read Jasmy charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Jasmy with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Jasmy’s price action in 1-hour chunks. Each candlestick will display JASMY’s opening price, closing price, as well as the highest and lowest prices that Jasmy reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Jasmy?

Just like with any other asset, the price action of Jasmy is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of JASMY. The market capitalization of Jasmy can change significantly in a short period of time.

When trying to make a Jasmy forecast, many traders also try to monitor the activity of JASMY “whales”, which are entities and individuals that control large amounts of JASMY. Since the Jasmy market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Jasmy’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.