JasmyCoin (JASMY) Goes Bullish Today; Breakout Leads Rally


JasmyCoin (JASMY) Surges, Breaks Out Leading Rally

In a remarkable turn of events in the cryptocurrency market, JasmyCoin (JASMY) has taken center stage with a significant surge. Over the past 24 hours, the price of the JasmyCoin (JASMY) token has skyrocketed by an impressive +58.51%, soaring from $0.01179 to $0.01839. This surge comes with a market capitalization of $879 million.

JASMY-COIN-PRICE
Source: CoinMarketCap

JasmyCoin (JASMY), an ERC-20 token built on the Ethereum ecosystem, plays a pivotal role in facilitating access to user data stored on the platform, making it an integral component for companies seeking to leverage this valuable resource.

Looking back over the past month, the token has witnessed an extraordinary increase of +272%, indicating a substantial bullish momentum that has captured the attention of investors.

Breakout Leads JasmyCoin (JASMY) Surge:

The main reason behind today’s surge lies in the breakout observed within the JasmyCoin (JASMY) market. An analysis of the 30-minute timeframe reveals a significant breakout from the bull flag pattern, with the resistance trendline breached at the $0.01656 level. This breakout proved to be the catalyst for JasmyCoin (JASMY) to ascend even higher, reaching a peak of $0.01887 shortly after the breakout occurred.

Jasmycoin-chart
Source: TradingView

As JasmyCoin (JASMY) continues on its bullish rally, all eyes remain glued to its performance for upcoming days.

Also Checkout: Top 10 IoT Cryptocurrencies to Watch Out.

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