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JASMY icon
JASMY
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Prediction
Price-up
BULLISH
Target
$0.01825
Estimated
Model
ai robot icon
trdz-T41k
Date
21:00
Analyzed

JasmyCoin Price Analysis Powered by AI

JasmyCoin (JASMY) Primed to Break Higher — Bullish Setup After Healthy Consolidation

JasmyCoin (JASMY) — Exhaustive Technical Analysis and 24-Hour Prediction

1. Chart Overview and Price Structure

  • Current Price: $0.017428 (as of 2025-07-26T20:58 UTC)
  • Recent Session: Sideways consolidation after local (short-term) retracement from the $0.02 level.
  • Medium-Term Structure: May–early July was a base-formation down to ~$0.012, followed by sharp rallies, high volatility, and multiple resistance tests near $0.020–0.021.

2. Trend & Momentum Analysis

A. Moving Averages:

  • 20-SMA (Est.): $0.0167 (recent closes above the 20-SMA indicate short-term bullish momentum)
  • 50-SMA (Est.): $0.0155 (longer-term sentiment flips bullish since mid-July; price well above)
  • MA Crossovers: Golden cross occurred mid-July, further supporting bullish trend side.

B. Trendlines and Channels:

  • Primary support: $0.0168–$0.0170 (tested multiple times this week, holding firm)
  • Resistance: $0.0178 (minor), $0.0192, $0.02 (major)
  • Price contained in a shallow rising channel since July 13th — consistent with healthy trend continuation.

C. Momentum Oscillators:

  • RSI (14-period est.): 52–56 (neutral-bullish, plenty of room before overbought)
  • MACD: Flat but slightly positive, signal line convergence suggests ‘coiling’ before a move.

3. Volume & Market Profile Analysis

  • Major surge in volume during local bottoms and breakouts (notably July 13, July 20–22, closing >$0.017 on high volume).
  • Recent sessions: Slight dip in volume with lower volatility, pointing to possible accumulation rather than distribution.
  • No high-volume capitulation signals; buyers willing to step in above $0.017.

4. Candlestick Patterns & Price Action

  • July 24–26: Multiple long lower wicks intraday, suggesting dip-buying.
  • No reversal (bearish engulfing/pinning) at highs: Bulls still in control.
  • Minor doji and spinning tops in the last two sessions — indecision but not bearish without follow-through.

5. Support & Resistance Zones

  • Major Resistance:
    • $0.0192–$0.0200: Last failed attempt, clear seller interest. Breakout zone for mid-term bulls.
    • $0.0180–$0.0185: Local resistance.
  • Strong Support:
    • $0.0167–$0.0171: Multi-session floor, previous resistance now sustained as support.
    • $0.0158–$0.0160: Lower strong support, not threatened unless a major reversal occurs.

6. Volatility Indicators (ATR, Bollinger Bands)

  • ATR (Average True Range): Declining post-spike, indicating consolidation and build-up for a volatile expansion phase.
  • Bollinger Bands: Bands tightening (squeezing) as price oscillates between $0.0171–0.0175; likely preceding a breakout move.

7. Pattern Recognition & Trading Psychology

  • Small upward-sloping channel since July 13—a classic bull flag continuation pattern as defined by mid-range holding and upward-slanting higher lows.
  • No exhaustion signals; higher lows continue to print.
  • Consolidation under resistance after rally—a typical setup for continuation if no distribution pattern appears.

8. Order Book & Liquidity (Implied)

  • Steady liquidity through recent small candle/bars, no flash crashes or stop-run anomalies.
  • Consolidation attracts both swing and momentum traders.

9. Summary of Edge Techniques:

  • Trend-Following (Moving Averages, Channel): Bullish bias
  • Momentum (MACD, RSI): Mildly bullish/neutral, with latent upside potential
  • Volume Analysis: Accumulation phase likely, not distribution
  • Volatility Forecast: Compression and potential imminent expansion
  • Candlestick/Price Action: No reversal; bullish above support
  • Pattern Recognition: Bull flag/ascending channel

10. 24-hour Price Prediction & Probability

Given the coiled volatility, bullish bias, strong support hold, and lack of bearish reversal, a continuation move retesting local resistance ($0.0178–0.0182) is likely within 24 hours. A breakout to the $0.019–$0.020 zone is possible if volume returns. Downside risk appears limited as long as $0.0170 is not lost on strong volume.

11. Trading Plan & Execution

  • Entry Signal: Enter on minor pullbacks toward 20-SMA and local support ($0.01725–0.01732 zone).
  • Stop-Loss (not explicitly asked, but for pro discipline): Below $0.01695 (recent swing lows, channel bottom).
  • Take-Profit Target: $0.01825 (first retest of near-term highs; consider scaling profits higher near $0.019 if momentum and volume accelerate).

Final Conclusion: The technical, pattern, volume and sentiment sides align for a potential bullish continuation. The risk/reward heavily favors a tactical long on a minor retrace to support, aiming for a retest of near resistance, with possible follow-through if buyers step in on volume expansion.