Thursday, October 23

Jasmy Coin Breaks Past $0.016 – Is a New Uptrend Just Getting Started?

Jasmy Coin Breaks Past $0.016

Jasmy Coin (JASMY) has finally cleared a key resistance zone that traders have been eyeing for months – the $0.0161 level.

After trading sideways for most of May and June, Jasmy is now showing its strongest daily candle in weeks, gaining nearly 5% and hitting $0.01695 on Coinbase.

This move could be more than a short-term bounce.

Why the $0.0161 Level Matters?

For most of Q2 2025, $0.0161 acted as both support and resistance. Each time Jasmy tried to cross above it, sellers stepped in. On the other hand, dips to the $0.0137 zone were quickly bought up.

Source – jasmyusd

But today, Jasmy has broken decisively above both the 21-day EMA ($0.0137) and the horizontal resistance.

This is the first clean close above $0.016 in over 60 days – a clear technical shift.

Next Price Targets for Jasmy Coin

If the breakout holds, Jasmy may next test the $0.020 zone, where previous price action was rejected back in March.

Beyond that, the longer-term resistance lies near $0.052, a level that marked a multi-month top earlier in January.

Still, this won’t be easy. Jasmy has a long history of failing to hold breakouts unless backed by volume and news.

Jasmy Coin Price Prediction 2025: Can It Still Reach $1?

While this breakout is encouraging, a move to $1 would require over 5,000% upside from current levels. Still, short-term momentum can bring back investor attention, especially if paired with:

  • Product updates from the Jasmy team
  • Major exchange listing rumors (Binance, Kraken, etc.)
  • A rise in Japan-based user metrics (Jasmy’s core demographic)

For now, breaking and holding above $0.020 is the next key milestone before any bigger predictions can come into play.

Final Take

The move above $0.0161 doesn’t guarantee a rally, but it breaks a long-standing ceiling – and that alone is worth watching.

If momentum holds, Jasmy could surprise in Q3. But until volume spikes or fundamentals change, $0.020 and $0.052 remain the real tests.

For now, traders and long-term holders alike can breathe a little easier – at least Jasmy is moving again.

Leave a Reply

Your email address will not be published. Required fields are marked *