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Will JasmyCoin Rebound or Drop Further Below $0.015? – June 5, 2025 Forecast

Irene Mukiri by Irene Mukiri
June 4, 2025
in Market, News, Price Analysis
Reading Time: 3 mins read
Will JasmyCoin Rebound or Drop Further Below $0.015 – June 5, 2025 Forecast
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  • JASMY struggles as price dips below $0.015 amid sustained bearish sentiment
  • Weak support and declining demand expose JasmyCoin to potential further losses
  • MACD hints at recovery, but weak RSI and outflows suggest limited upside

JasmyCoin (JASMY) continues to battle a tough market landscape, as its price dipped below $0.015 on June 4, 2025. Investors have watched the token shed significant value over recent weeks, with bearish momentum dragging it down from earlier highs above $0.035. 

Market indicators suggest that JASMY is under consistent selling pressure, with limited signs of immediate recovery. As crypto markets remain sensitive to macroeconomic signals and investor sentiment, JASMY’s downward spiral reflects deeper structural challenges within its trading pattern.

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Weak Support and Fading Demand Highlight a Risky Path

Currently priced at $0.01504, JasmyCoin has lost over 2% in the past 24 hours. Over the last week, it has plunged nearly 14%, placing it firmly in a downtrend. With a circulating supply of roughly 49.44 billion tokens and a capped maximum of 50 billion, the market cap has dropped to around $725 million.

Support levels appear fragile, with $0.015 acting as immediate support. If this fails, the next key level sits at $0.0148. A break below could open the door to deeper losses. 

Resistance, meanwhile, is forming around $0.0154 to $0.0156, a zone where sellers have consistently emerged. This setup points to a consolidation phase with downward bias.

Technical Indicators Show Mixed Signals

Despite the negative trend, there are early signs that bullish momentum could slowly be building. The MACD histogram recently turned slightly positive, suggesting a potential shift in momentum. However, both the MACD and signal lines remain below zero, signaling that any recovery may be short-lived unless buying pressure increases.

JasmyCoin/USD daily price chart, Source: TradingView

The Relative Strength Index (RSI) is currently at 43.09. This value places JASMY below the neutral 50 mark, indicating weak demand. Although not oversold, the token lacks the strength to trigger a significant rebound.

Market Sentiment Remains Fragile Amid Sustained Outflows

One of the most telling metrics is the spot inflow/outflow chart. Since August 2024, JasmyCoin has experienced sustained outflows, reflecting consistent investor exits. 

Source: Coinglass

Occasional spikes in inflow have failed to reverse the broader trend. A notable outflow of $167,000 was recorded on June 4, underlining the ongoing negative sentiment.

Moreover, trading volume has decreased over 5% in the past 24 hours, reinforcing concerns about diminishing market interest. With a volume-to-market cap ratio of 3.31%, activity remains moderate but uninspiring.

Tags: Jasmy (JASMY) NewsPrice Analysis

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