JasmyCoin (JASMY) is currently trading at $0.008901, marking a decline of 0.83% in recent sessions. Over the past 24 hours, the token’s trading volume reached $JasmyCoin (JASMY) is currently trading at $0.008901, marking a decline of 0.83% in recent sessions. Over the past 24 hours, the token’s trading volume reached $

JASMY Consolidates Below Falling Wedge as Breakout Signals 57% Upside

JasmyCoin (JASMY) is currently trading at $0.008901, marking a decline of 0.83% in recent sessions. Over the past 24 hours, the token’s trading volume reached $52.35 million, reflecting a 20.63% drop compared to previous trading activity. Despite the minor setback, JASMY recorded a weekly gain of 27.03%, with prices climbing from $0.008882 to the present level.

Source: CoinMarketCap

Market analysts highlight that this period of consolidation could serve as a precursor to renewed momentum. The cryptocurrency has experienced volatility typical of emerging digital assets, with short-term fluctuations shaped by investor sentiment and broader market trends.

JASMY Consolidates Below Falling Wedge Resistance

Crypto analyst Jonathan Carter notes that JASMY is consolidating just below the upper boundary of a falling wedge pattern on its 2-day chart. “The price is facing rejection from the top of the pattern,” Carter observed, “but the overall setup remains bullish.” This formation often signals potential upward movement once breakout confirmation occurs.

Carter’s analysis identifies key upside targets for JASMY following a confirmed breakout, including $0.014, $0.021, and $0.032. These levels indicate significant potential gains for traders who strategically enter positions during consolidation phases. While short-term resistance remains, technical patterns suggest that investor interest and market momentum could push the token toward these targets over the coming weeks.

Source: X

Also Read | JasmyCoin (JASMY) Holds Key Support as Accumulation Signals $0.04 Rally 

JASMY Price Prediction for 2026

According to DigitalCoinPrice, in the first week of January 2026, JasmyCoin briefly fell below $0.008 for the first time since January 2021. Analysts, however, anticipate a recovery that could see the token surpass $0.0157 by year-end.

Investors and market leaders suggest that JASMY is on track to break its previous all-time high of $4.99, with a projected price range between $0.0136 and $0.0157 in the near term. The combination of technical bullish signals, consolidating trading patterns, and renewed market interest reinforces the potential for sustained growth.

Also Read | JASMY Price Prediction: Channel Support Test Signals Relief Rally to $0.040

Market Opportunity
Jasmy Logo
Jasmy Price(JASMY)
$0.006654
$0.006654$0.006654
-2.16%
USD
Jasmy (JASMY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

The post Fed forecasts only one rate cut in 2026, a more conservative outlook than expected appeared on BitcoinEthereumNews.com. Federal Reserve Chairman Jerome Powell talks to reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve is projecting only one rate cut in 2026, fewer than expected, according to its median projection. The central bank’s so-called dot plot, which shows 19 individual members’ expectations anonymously, indicated a median estimate of 3.4% for the federal funds rate at the end of 2026. That compares to a median estimate of 3.6% for the end of this year following two expected cuts on top of Wednesday’s reduction. A single quarter-point reduction next year is significantly more conservative than current market pricing. Traders are currently pricing in at two to three more rate cuts next year, according to the CME Group’s FedWatch tool, updated shortly after the decision. The gauge uses prices on 30-day fed funds futures contracts to determine market-implied odds for rate moves. Here are the Fed’s latest targets from 19 FOMC members, both voters and nonvoters: Zoom In IconArrows pointing outwards The forecasts, however, showed a large difference of opinion with two voting members seeing as many as four cuts. Three officials penciled in three rate reductions next year. “Next year’s dot plot is a mosaic of different perspectives and is an accurate reflection of a confusing economic outlook, muddied by labor supply shifts, data measurement concerns, and government policy upheaval and uncertainty,” said Seema Shah, chief global strategist at Principal Asset Management. The central bank has two policy meetings left for the year, one in October and one in December. Economic projections from the Fed saw slightly faster economic growth in 2026 than was projected in June, while the outlook for inflation was updated modestly higher for next year. There’s a lot of uncertainty…
Share
BitcoinEthereumNews2025/09/18 02:59
ETF Expert Says Spot XRP ETF Launching This Week Will Test Investors, Here’s How

ETF Expert Says Spot XRP ETF Launching This Week Will Test Investors, Here’s How

The first exchange-traded fund (ETF) providing direct exposure to XRP prepares to launch this week. Following the considerable attention already garnered by futures-based XRP ETFs, ETF expert Nate Geraci says this debut is a moment that will test the strength of investor interest. Many in the market now wait to see if the new fund […]
Share
Bitcoinist2025/09/18 05:00
Swiss Bankers Association Confirms Legally Binding Blockchain Transfer Between Major Banks

Swiss Bankers Association Confirms Legally Binding Blockchain Transfer Between Major Banks

The post Swiss Bankers Association Confirms Legally Binding Blockchain Transfer Between Major Banks appeared on BitcoinEthereumNews.com. Switzerland just took a massive leap toward a blockchain-powered financial future, completing its first legally binding bank payment using tokenized deposits. Swiss Banks Complete Historic Blockchain Payment Trial The Swiss Bankers Association (SBA) announced on Sept. 16 that Postfinance, Sygnum Bank, and UBS successfully completed a proof of concept (PoC) for a deposit token, validating […] Source: https://news.bitcoin.com/swiss-bankers-association-confirms-legally-binding-blockchain-transfer-between-major-banks/
Share
BitcoinEthereumNews2025/09/18 09:54