The post JasmyCoin (JASMY) Shows Neutral Momentum Despite 1.46% Daily Gain – Technical Analysis appeared on BitcoinEthereumNews.com.

Rongchai Wang
Aug 30, 2025 15:01

JASMY price holds at $0.01 with modest 1.46% gain, but technical indicators signal mixed momentum as JasmyCoin tests critical support levels.

Quick Take • JASMY currently trading at $0.01 (+1.46% in 24h) • JasmyCoin’s RSI at 43.92 indicates neutral momentum territory • No significant news catalysts driving current price action What’s Driving JasmyCoin Price Today? The JASMY price movement today appears largely driven by technical factors rather than fundamental news, as no significant developments have emerged in the past week. The modest 1.46% gain reflects typical crypto market volatility rather than any specific catalyst. JasmyCoin’s current price action suggests the market is consolidating after previous moves, with traders likely waiting for clearer directional signals. The relatively low 24-hour trading volume of $2,107,791 on Binance spot market indicates subdued interest, which often precedes more significant price movements. JASMY Technical Analysis: Mixed Signals Emerge The JasmyCoin technical analysis reveals a complex picture with competing bullish and bearish indicators. JasmyCoin’s RSI of 43.92 sits in neutral territory, suggesting neither overbought nor oversold conditions – a signal that JASMY could move in either direction based on external catalysts. The JASMY MACD presents a bearish picture with the main line at -0.0003 and the signal line at -0.0002, creating a negative histogram of -0.0002. This bearish momentum indicator suggests downward pressure may continue in the near term. JasmyCoin’s Stochastic oscillator tells a different story, with %K at 17.57 and %D at 20.65, indicating oversold conditions that could trigger a bounce. The divergence between these momentum indicators creates uncertainty about JASMY’s immediate direction. The Bollinger Bands analysis shows JASMY trading near the lower band with a %B position of 0.2127, suggesting the token is approaching oversold levels within its recent trading range.…

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Filed under: News - @ August 31, 2025 2:14 am