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Bittime - Recent developments suggest a bullish outlook for JasmyCoin (JASMY), with technical analysis suggesting a breakout and analysts highlighting key levels to watch.
Bullish Signal
The latest update from crypto analyst “Team LAMBO” (@TehLamboX) shares insights indicating a completed bull flag breakout for JASMY on the 1 hour time frame. This technical pattern, which is often interpreted as bullish, indicates a period of consolidation followed by a sharp upward move.
Important Breakouts and Support
@TehLamboX further emphasized the significant breakout of the $0.014 resistance level, which resulted in a 28% price surge for JASMY. Currently, the token is finding support at the 0.236 Fibonacci level, potentially representing a launching pad for further upward momentum.
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Levels to Watch
For continued bullish confirmation, @TehLamboX underscored the importance of two key levels: $0.0184 and $0.020. Successfully breaking through these resistance points could pave the way for a sustainable bull run for JASMY.
It is important to remember that cryptocurrencies are highly volatile, and past performance does not guarantee future results. Thorough research and careful consideration are essential before making any investment decisions.
More Than Technical Analysis
While technical analysis provides valuable insights, the JasmyCoin ecosystem itself is worth exploring. This project focuses on the democratization of data and aims to empower individuals with control over their data in the Internet of Things (IoT) landscape . Potential applications and ongoing development may contribute to its long-term prospects, regardless of short-term price movements.
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To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
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Also Read:
Why the Price of Jasmy Coin (JASMY) Exploded: An In-Depth Look at the Crypto Renaissance in Japan
How to Get Free JasmyCoin (JASMY) Via Airdrop
JasmyCoin Price Increases Dramatically, Here's the Analysis and Reasons!
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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