{"id":13211,"date":"2025-07-25T09:36:38","date_gmt":"2025-07-25T08:36:38","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=13211"},"modified":"2025-07-25T09:36:39","modified_gmt":"2025-07-25T08:36:39","slug":"jasmy-plummets-22-in-just-hours-is-this-the-end-already","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/jasmy-plummets-22-in-just-hours-is-this-the-end-already\/","title":{"rendered":"JASMY Plummets 22% in Just Hours : Is This the End Already ?"},"content":{"rendered":"\n

JASMY’s Price Drop Raises Questions About Its Future<\/h2>\n\n\n\n

The JASMY<\/a><\/strong> cryptocurrency has recorded one of the steepest declines in the market over the past 24 hours, losing 14%<\/strong> of its value after gaining 22%<\/strong> last month. This sudden drop raises questions about the direction the price might take in the short term.<\/p>\n\n\n\n

JASMY’s recent decline coincided with its arrival at a major resistance zone at $0.02000<\/strong>. This area had previously acted as a significant barrier, triggering pullbacks. Despite a recent rise, the resistance still appears solid.<\/p>\n\n\n\n

\"JAMSY<\/figure>\n\n\n\n

However, technical indicators<\/a> show that JASMY has now reached a potential support zone around $0.01614<\/strong>. This level could serve as a springboard for a rebound if demand materializes there. It corresponds to both the 20-day and 100-day moving averages as well as a demand zone<\/strong> according to the VWAP.<\/p>\n\n\n\n

Nevertheless, a loss of this level could bring JASMY back to the $0.015<\/strong> zone. It will be essential to reclaim the POC at 0.01687<\/strong> and the 200-day MA at $0.0177<\/strong> to resume an upward trend.<\/strong><\/p>\n\n\n\n

Bearish Momentum Persists<\/h2>\n\n\n\n

Market data indicates that bearish momentum continues. According to CoinGlass, the Taker Buy\/Sell ratio is below 1<\/strong>, signaling that the majority of derivatives volume is generated by sellers<\/strong>.<\/p>\n\n\n\n

Moreover, long liquidations on major exchanges totaled $224,240<\/strong> over the past 24 hours, compared to just $8,310<\/strong> for short positions. This disparity confirms the dominance of sellers in the market.<\/p>\n\n\n\n

Signs of Accumulation, but Risk Remains High<\/h2>\n\n\n\n

The Accumulation\/Distribution (A\/D) indicator supports the bearish trend, remaining in negative territory. However, there are early signs of a potential shift, with a slight increase in the A\/D<\/strong> and the Chaikin Money Flow (CMF).<\/strong><\/p>\n\n\n\n

\"JASMY<\/figure>\n\n\n\n

This suggests that some accumulation is taking place around the $0.01614<\/strong> support. If it holds, this could lead to a positive short-term reaction<\/strong>. JASMY’s price could reach the liquidity zone at approximately $0.025<\/strong> in the coming weeks.<\/p>\n\n\n\n

Nevertheless, risk remains high for spot buyers, given the persistent bearish momentum in the derivatives market.<\/p>\n\n\n\n

How to Buy JASMY on Bitget ?<\/h3>\n\n\n\n

Panic phases can present buying opportunities. Additionally, JASMY is resting on an interesting support level<\/strong>. However, it may be more prudent to wait for confirmation before entering the market.<\/p>\n\n\n\n

For those wishing to purchase the token, here’s a guide to obtaining it on Bitget<\/a> right now :<\/p>\n\n\n\n

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  1. Create a Bitget account :<\/strong> Visit the official Bitget website<\/a> or download the mobile app. Sign up with your email or phone number, then complete the identity verification (KYC).<\/li>\n\n\n\n
  2. Deposit funds<\/strong> : Log in and access the “Deposit” section. Add fiat currencies (EUR, USD, etc.) via bank card or SEPA transfer, or transfer cryptocurrencies like USDT.<\/li>\n\n\n\n
  3. Buy JASMY<\/strong> : Head to the “Quick Buy” or “Spot Market” section. Select the JASMY\/USDT pair, indicate the desired amount, and confirm the purchase, with the option of limit orders.<\/li>\n<\/ol>\n\n\n\n
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    Buy JASMY on Bitget and receive a $10 bonus !<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n