Bittime - JasmyCoin (JASMY) received a neutral rating from InvestorsObserver on Thursday. This ranking reflects the recent price movement of JASMY, which experienced an increase of +5.99% to Rp. 336 .
It's worth noting that this rise occurred even as the broader cryptocurrency market remained relatively stable with little dip
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JasmyCoin Trading Activity
InvestorsObserver's Sentiment Score provides a snapshot of JASMY's performance over the past five days by analyzing its price and volume fluctuations.
Although this score is neutral, it can be helpful for both short-term and long-term investors.
Short-term traders can use it to identify potential buying opportunities during price drops, while long-term investors can utilize it to assess overall market sentiment.
Also Read How To Buy Crypto:
Current Movement of Jasmy (JASMY).
According to InvestorObsercer JASMY is currently trading near the middle of its five-day price range. This indicates a period of consolidation, with the token experiencing neither significant gains nor major declines.
However, it is important to note that JASMY is currently trading below its five-day high, indicating a recent downward trend.
Support and Resistance Levels
According to InvestorObserver's analysis, if support for JASMY is at a level of around Rp. 318,078 , while resistance is at IDR 356.97.
With the price falling below the support level, JASMY may experience further volatility in the near term.
This is a more recommended purchase for investors who are able to face the risks who believe in JASMY's long-term potential.
Also read : What is Volatility?
Trading Volume
It is worth noting that JASMY's current trading volume is lower than its average over the past seven days. This indicates a lack of strong buying or selling pressure, which could potentially contribute to the recent price stagnation.
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Current Jasmy (JASMY) Price
According to Market Bittime.com at the time of writing this article (08/03/2024) the price of 1 JASMY to IDR is at IDR 336 and has increased +5.32% in the last 24 hours.
Conclusion
InvestorsObserver's neutral rating and JASMY's recent price increase may raise questions for investors.
Although current price levels offer a potential entry point for some, trading below support and low volume indicates potential short-term volatility.
Investors should carefully consider their risk tolerance and conduct further research before making any investment decisions.
How to Buy Jasmy (JASMY) from Bittime
You can buy and sell JASMY tokens in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. JASMY is available on Bittime with JASMY IDR pairing .
To be able to buy JASMY/IDR tokens 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 Bittime assets is IDR 10,000. After that, you can purchase JASMY in the application. Complete Guide on How to Buy JASMY on Bittime.
Monitor the price chart movements of Jasmy (JASMY) , Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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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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