JasmyCoin
Long

JasmyCoin (JASMY)

87
JasmyCoin (JASMY)
JasmyCoin made a strong bounce back from its 200 day EMA in intraday rising over 17.9%. The bounce back from the lower levels indicate the presence of buyers near the key EMA. The intraday surge indicates a recovery initiated by the bulls after JasmyCoin fell over 20% this week.

From a technical perspective, the recent price drop had weakened the short term trend however the long term trend still favors the buyers side which may keep on attracting bulls at the dips.

On the higher the crypto may rise again till the recent highs of $0.044 if it surpasses the 50 day EMA. JASMY ranks 59th with a live market capitalization of $1.23 Billion.

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