JASMY Price Prediction: Potential 30% Rally or Bearish Correction?
Key Insights:
- The Jasmy price prediction suggests that the asset is on the verge of a 30% upside move.
- JASMY is expected to end its downside momentum soon and reclaim the $0.024 level.
- JASMY’s exchange balance has soared, raising concerns about a potential correction ahead.
The Jasmy price prediction for the upcoming days seems challenging, as the asset is in a make-or-break situation. Over the past few weeks, the JASMY price has been moving within a channel between the lower and upper boundaries and has currently reached the lower boundary due to ongoing market uncertainty.
Are Whales Selling JASMY Coin?
Given the current market sentiment, it appears that top crypto wallets and whales have been offloading their holdings, as revealed by on-chain analytics tools Santiment and Nansen.
Data reveals that whales’ JASMY holdings have dropped by 6.6% from their peak of 28.45 billion, recorded in December 2024. The metrics show that, as of May 2025, holdings have declined to 26.58 billion, indicating that approximately 2 billion JASMY coins have been dumped during this period.
However, a significant sell-off was recorded in May 2025. Earlier in the month, whale holdings were close to 26.60 billion, which have now dropped to 26.58 billion JASMY coins.
JASMY Exchanges Balance Rises
Meanwhile, another red flag further strengthening the bearish outlook is the rising JASMY balance on exchanges.
According to recent data, this balance has been increasing significantly, indicating that investors and long-term holders have been moving their holdings to exchanges. A surge in exchange balance is typically a bearish sign, as assets are usually moved to exchanges in preparation for a potential sell-off.
This bearish outlook by industry giants is causing the asset to struggle and fail to gain momentum during a period when the overall crypto market has been experiencing upward movement.
Current Price Momentum
At press time, JASMY is trading near $0.01718 and has recorded a modest price increase of 0.35% over the past 24 hours.
During the same period, its trading volume jumped by 12%, indicating heightened participation from traders and investors compared to the previous day. This surge in trading volume highlights the asset’s bullish strength.
JasmyCoin (JASMY) Price Action and Technical Analysis
According to expert technical analysis, Jasmy’s price prediction suggests that the asset has been moving in an ascending channel pattern following the breakout of a descending trendline.
Since it has been trending upward between the upper and lower boundaries, the asset is currently struggling near the lower boundary.
JASMY Price Prediction
The current market conditions and whale activity are causing JASMY to begin an upside momentum.
Based on recent price action and historical patterns, if the JASMY coin fails to hold the support at the lower boundary and closes a daily candle below the $0.015 level, the Jasmy price prediction could turn bearish, and the price may dip by 15% until it reaches the next support level at $0.013.
On the other hand, if sentiment shifts and JASMY holds above the lower boundary, there is a strong possibility that it could continue moving within the channel pattern. Jasmy price prediction suggests the asset could soar by 38% to reach the $0.0235 level in the coming days.
As of now, JASMY’s Relative Strength Index (RSI) stands at 48, indicating that the asset is neither overbought nor oversold.
However, increased interest from traders and investors could push the RSI higher if buying momentum picks up, signaling a potential shift toward a bullish trend. Conversely, a drop in interest or increased selling pressure could push the RSI lower, indicating a bearish move ahead.
