JasmyCoin (JASMY) price surges over 16%, approaching $0.00873, breaking through the months-long downtrend channel, with trading volume also soaring over 470% to approximately $166 million. The rally is attributed to the overall shift in the altcoin market sentiment and technical indicators such as balanced trading volume rising, which pushed the price above the 20-day and 50-day moving averages. Traders are currently watching resistance levels between $0.0095 and $0.0100, while the 200-day moving average (near $0.0117) remains a major resistance.
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JasmyCoin (JASMY) price surges over 16%, approaching $0.00873, breaking through the months-long downtrend channel, with trading volume also soaring over 470% to approximately $166 million. The rally is attributed to the overall shift in the altcoin market sentiment and technical indicators such as balanced trading volume rising, which pushed the price above the 20-day and 50-day moving averages. Traders are currently watching resistance levels between $0.0095 and $0.0100, while the 200-day moving average (near $0.0117) remains a major resistance.