Hey Sam Wick Here, I got a new article for you to help you understand the current market pain.
After a long bear run, Jasmy Coin (JASMY) is at a turning point. From its December 2024 high of $0.059, it has dropped 81% to a recent low of $0.0113 in March.
But Jasmy is not alone—Yes, big coins like Bitcoin (BTC) and Ethereum (ETH) have also had big corrections, BTC from $109,356 to $76,600 and ETH from $4,108 to $1,754.
The overall market downturn is caused by sentiment deterioration as seen in the Crypto Fear & Greed, which has collapsed from 88 (Extreme Greed) in December to 15 (Extreme Fear) in March. Historically speaking, this level of fear is a buy signal before big recoveries.
Despite the recent bearish price action, several on-chain metrics and fundamentals suggest Jasmy coin will go up in 2025.
Here are the five key factors that could drive a price surge.
1. Growing Jasmy Holders
As one of the most bullish signs for Jasmy is a growing user base because it means more people are confident and using the product.
Blockchain data shows a steady increase in Jasmy token holders over the past few months despite the whole market going down.
This increase suggests that:
- Retail and institutional investors are buying JASMY during the dip.
- Jasmy is being adopted, supporting long-term growth prospects.
- Selling pressure is decreasing, so there is less chance of further down.
With more investors holding rather than selling, a supply crunch could drive the price upward once market sentiment shifts.
2. Chainlink CCIP Integration Boosts Jasmy Use Cases
A major catalyst that could drive Jasmy’s price higher is its integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
This upgrade allows Jasmy tokens to function seamlessly across Ethereum and Base blockchain networks, significantly expanding its use cases and attracting new investors.
Why this matters:
Interoperability = more liquidity and broader adoption.
Cross-chain transactions = more real world use cases.
Partnerships with big blockchain projects = demand.
Read more about Jasmy’s integration with Chain Link CCIP: Bankless Times
With more functionality Jasmy is no longer just a speculation asset – it’s becoming a main player in decentralized data storage and IoT solutions.
3. Bitcoin Dominance and the Altcoin Market Cycle
One of the most crucial factor that could determine Jasmy next major price move is Bitcoin Dominance (BTC.D)—the metric that measures BTC’s market share relative to the total crypto market.
🔹 Historically, when BTC dominance peaks and starts declining, liquidity flows into altcoins, sparking major rallies.
🔹 Current RSI divergence on BTC.D charts suggests that Bitcoin dominance could soon top out, creating a favorable environment for altcoins like Jasmy.
If Bitcoin enters a consolidation phase, capital is likely to rotate into high-potential altcoins, positioning Jasmy for a strong uptrend.
4. Jasmy Price Analysis
From a technical view, Jasmy’s price is showing early signs of a reversal. The price is currently at the 100-day and 200-day EMA, which are strong support zones during corrections.
The 9-day and 20-day EMAs are stabilizing; if the price goes above them, that’s a sign of a change in momentum.
Historically, when Jasmy gets to these key EMA it bounces; that’s an accumulation phase before a breakout.
The 50-day EMA at $0.0207 is the resistance level, if volume increases a confirmed breakout above this level could be the start of a reversal in the next months.
Jasmy Relative Strength Index (RSI) currently stands at 37, indicating that the asset is in a neutral to slightly oversold territory.
Historically, when RSI approaches the 30 level, it often signals a potential trend reversal as selling pressure starts to diminish.
The recent uptick in RSI suggests that buying interest is gradually increasing, aligning with the possibility of a bullish reversal. If RSI continues to rise above 50, it could confirm stronger momentum and further price recovery in the coming weeks.
If Jasmy breaks key resistance levels, it could align with predictions for its price in 2025.” → What will Jasmy be worth in 2025?
5. Exchange Balances Declining Signals Supply Shock
A key on-chain metric for Jasmy price to rise is exchange balances decline. When tokens are moved off exchanges and into private wallets, it means investors are not selling in the short term.
🔹 Lower exchange reserves = Less selling pressure
🔹 More self-custody = More long-term holders (“diamond hands”)
🔹 Supply shock = Price up when demand increases
This pattern has historically preceded strong price recoveries, as seen in previous crypto market cycles.
Despite the current correction, many investors wonder, can Jasmy reach $1 in the future?” → Can Jasmy reach $1?
Disclaimer: This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency markets are highly volatile, and past performance does not guarantee future results. Always conduct your own research, assess your risk tolerance, and consult with a financial advisor before making any trading decisions. Trade responsibly.
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