#Jasmy coin surged by nearly 73% in the past week, hitting a new yearly high.
Since the year began, JASMY's price has risen over 480%, reaching $0.037220, with potential for further gains.
Daily wave count suggests JASMY initiated a five-wave increase in October 2023, now possibly in the final phase.
Weekly chart indicates$ JASMY broke out of a Bullish Pennant pattern, signaling bullish momentum.
On the daily chart, a close in green today may form a Three White Soldiers pattern, fueling further rally.
Technical indicators show a notable trend shift: Gaussian channel turns green, RSI indicates overbought at 84, signaling upward movement.
As per Coin Gabbar analysis, With continued bullish momentum, JASMY could potentially reach $0.050000 in the coming weeks.
After a robust surge, a significant correction may occur, with nearest support expected at $0.02700.
KEY LEVELS :
RESISTANCE LEVEL : $0.050000-$0.070000
SUPPORT LEVEL : $0.025000-$0.015000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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