JasmyCoin (JASMY) has ended a period of consolidation with a significant breakout from a symmetrical triangle pattern, indicating renewed bullish momentum. After weeks of trading between $0.0096 and $0.01115, the token surged to $0.01081, marking a 10.9% gain in the last 24 hours. The Relative Strength Index (RSI) on the four-hour chart stands at 60.95, reflecting moderate bullish control without overbought conditions.
Key technical levels include immediate resistance at $0.01115 and major support at $0.009608. The breakout, confirmed by increased trading volume, suggests accumulated pressure from the consolidation phase is being released. Analysts highlight that sustained closes above $0.01115 could propel JASMY toward higher targets, with the Bollinger Bands indicating potential resistance at $0.0129 on daily charts.
Beyond short-term movements, JASMY price predictions for 2025-2031 paint an optimistic long-term picture. Forecasts indicate a potential high of $0.019192 by end-2025, with averages rising to $0.04798 in 2028 and $0.079966 by 2031. These projections are underpinned by JasmyCoin's unique Internet of Things (IoT) data monetization platform, developed by former Sony executives, which allows users to profit from personal data. Recent developments, such as the integration with JANCTION LINK powered by Jasmy's Personal Data Locker, bolster its ecosystem.
However, technical indicators like moving averages currently signal sell recommendations, and market sentiment remains bearish with a Fear and Greed Index at 37. Historical data shows JASMY's volatility, from an all-time high of $4.99 in 2021 to lows near $0.002747 in 2022, emphasizing the need for cautious investment and independent research.