Jasmy Coin Price Surges 12% After Recent Slump: Key Levels to Watch

A Surprising 12% Surge and 68% Slump: What’s Really Going On with JasmyCoin?

JasmyCoin (JASMY), often dubbed “Japan’s Bitcoin,” has seen a dramatic swing in recent weeks—from a staggering 68.8% slump to a sudden 12% rally. What’s driving this wild ride, and is the altcoin headed for a lasting breakout or another painful dip? Let’s unravel the facts.

The Grit Behind the Numbers

Over the past six months, JASMY tumbled nearly 68.78%, slipping from around $0.045 to near $0.014 amid weakening technicals and dwindling investor confidence. Key momentum measures like the Awesome Oscillator (−0.0008) and RSI (~41) signaled sellers firmly in control (AInvest).

Yet, this decline hasn’t been without hope. The coin found stable footing between $0.01 and $0.02, establishing a clear support zone. Technical analysts flagged a possible bottom near $0.01, with resistance locked at $0.02.

A 12% Rebound: Technical Ignition?

On July 11, 2025, JASMY surged 12% in 24 hours, buoyed by a 64% spike in trading volume. The price spiked to around $0.0153, later stabilizing near $0.0147 (Coin Edition). Most notably:

• Bollinger Bands had narrowed in recent weeks—an indication of low volatility—then began widening, hinting at increased trading activity.

• Momentum indicators like RSI (~62) and MACD, which recorded a bullish crossover, further point to growing bullish sentiment.

• Balance of Power (BoP) also slipped into positive territory, showing bulls gaining ground.

What Analysts Are Watching

Carter’s Coin Breakout Map

Jonathan Carter from CaptainAltcoin observes a broadening wedge pattern on JASMY’s daily chart—a sign of expanding volatility (CaptainAltcoin). He pinpoints:

• Support around $0.01—a recurring floor in recent price history.

• Resistance along the wedge’s upper trendline, currently near $0.015.

• A confirmed breakout above \$0.015, ideally on strong volume, could clear the way toward $0.0155, then $0.020, $0.028, and even $0.040.

Veteran Analyst’s Caution

On the flip side, veteran chart strategist from CaptainAltcoin warns the real test remains at $0.0142—a level tied to Fibonacci resistances and a key candle close (CaptainAltcoin). If JASMY fails there and dives below $0.0127, downside toward $0.0120–$0.0124 could ensue.

Real-world Use and Institutional Dynamics

Underpinning these technicals is an uptick in Jasmy’s real-world reach. The team has been executing its 2025 roadmap with enterprise blockchain pilots—covering secure computing solutions and carbon credit tracking—adding a layer of fundamental credibility.

Market Sentiment and Expert Views

Even so, macro-level sentiment, especially Bitcoin’s dominance, remains a critical gravitational pull. Analyst Isaac from TheWeb3Gateway notes that JASMY is currently #82 on CoinMarketCap—well-positioned if liquidity pivots away from Bitcoin (CaptainAltcoin). However, with BTC dominance climbing, altcoins like JASMY have stayed dormant. A reversal in that dominance could unleash altcoin momentum swiftly.

Isaac stresses: “If BTC dominance is pumping and the price of BTC is also pumping, then altcoins are not going to pump.” The altcoin tide turns when Bitcoin falters (CaptainAltcoin).

What the Numbers Say Right Now

Here’s a snapshot of JASMY’s recent technical readings:

• Support: $0.01–$0.0127 zone

• Resistance: $0.015, $0.0155, then $0.020–$0.028–$0.040 series (CaptainAltcoin)

• RSI: ~62 (bullish bias), up from oversold levels

• MACD: bullish crossover

• Volume: +64% yesterday, but full conviction needs sustained volume above breakout level

Looking Ahead: A Balanced View

Bullish case: A clean breakout above $0.015–$0.0155, supported by volume, could trigger a multi-phase rally targeting $0.020, $0.028, and $0.040. Real-world platform traction and improved macro sentiment give the move credibility.

Bearish risk: Failure to hold $0.0142–$0.015 gives way to a slide back toward $0.0127—even potentially $0.0120. A breakdown below this could unravel the recovery narrative completely.

Share Your Opinion

So, what do you think? Will JasmyCoin break free and climb toward $0.02+? Or is this just another dead-cat bounce before the next fall? Share your thoughts on our X.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.

Source： 

Coin Edition — JASMY Price Consolidation Hints at Imminent Breakout

AInvest — JasmyCoin Drops 68.78% in Six Months

CaptainAltcoin — Analyst States Condition for JasmyCoin Breakout

CryptoDaily/Bitzo — JasmyCoin and Ethena: Two Dark Horses Poised for a Short‑Term Rebound