$JASMY Date: June 1, 2024
An overview of the latest market trends and key developments for JasmyCoin (JASMY).
#Market #Overview
JASMY is trading at $0.0355, up 4.77% in the past 24 hours. The market cap is around $1.75 billion, with a 24-hour trading volume of $448.85 million
Key Drivers
1. Partnerships: Recent collaborations with IoT companies are enhancing Jasmy’s ecosystem, boosting investor confidence.
2.Regulatory News: Favorable regulatory developments in Asia support JASMY’s market stability.
3.Sentiment: Positive market sentiment with active community engagement is driving interest in JASMY.
#Technical #Analysis
Support Levels:$0.033
Resistance Levels: $0.037
Moving Averages:Trading above the 20-day average
RSI: Around 60, indicating a balanced market
On-Chain Metrics
Transaction Volume:Increased, reflecting growing network activity.
Network Growth: Rising active addresses indicate broader adoption.
Market Sentiment and News
Adoption: Integrations in IoT platforms highlight JASMY’s utility.
Whale Activity:Large holders are accumulating JASMY, showing long-term confidence.