Are you thinking about where JASMY might head next after that sharp move? This JASMY price analysis walks you through the recent chart action and the signals hiding in the indicators. Whether you’re holding through the dip or just scouting for an entry point, we break it down using real technical clues like RSI and MACD. Let’s look at what the price did over the past 24 hours and what that could mean for the short-term outlook ahead.
JASMY Price Analysis of May 5th, 2025
The JASMY price action over the last 24 hours shows a complex mix of short-term trends, including a broad sideways structure followed by a sharp sell-off. During the first few hours (12:12–15:12 UTC), Jasmycoin price attempted to rebound from prior lows but failed to break the $0.01595 mark cleanly. Between 15:12 and 18:12 UTC, a more decisive uptrend formed, breaking above $0.01600 and reaching $0.01614 by 18:30 UTC. MACD showed a bullish crossover in this stretch, and RSI neared overbought territory, indicating rising momentum, though not sustained long enough to set a trend.
Chart 1 – JASMY/USDT M5 Chart, Analyzed by Alokkp0608, published on May 5th, 2025.
Between 18:12 and 21:12 UTC, after testing resistance around $0.01614, JASMY reversed sharply. Sellers stepped in near the $0.01620 rejection zone, a key resistance level previously confirmed by earlier price peaks. RSI fell quickly from overbought conditions, confirming exhaustion. MACD turned sideways and then produced a death cross shortly after 20:30 UTC, signaling weakening bullish momentum. Price slipped into a choppy range between $0.01575 and $0.01600 by the end of this segment, unable to regain strength for another breakout.
Shifting Momentum and Failed Breakouts
From 21:12 UTC on May 4 to 00:12 UTC on May 5, the asset stayed confined within a sideways path before collapsing into a steep downtrend that dominated the 00:12–03:12 UTC interval. Price bottomed at $0.01550 after hitting a support level that held steady through multiple prior dips. RSI entered oversold territory and remained there briefly, while the MACD registered a death cross just before the decline. The structure turned bearish but showed signs of resilience as buyers defended the $0.01550 zone with multiple wick rejections around 01:45 UTC.
The bounce came between 03:12 and 06:12 UTC, with JASMY price climbing back to $0.01600 by 05:55 UTC. This sharp rally occurred with RSI rebounding from oversold to mid-range, and MACD flashing a golden cross, though weak volume suggested the move lacked strong conviction. The price met resistance near the earlier rejection zone, forming a potential double-top structure. Despite the recovery, this zone proved difficult to breach again, and downward pressure soon returned in the next price phase.
Breakdown and Bearish Extension
From 06:12 UTC until the chart’s end at 12:12 UTC, Jasmycoin price entered another downtrend, sliding from $0.01595 to below the key support of $0.01550. This marked a bearish breakdown as the price moved outside the previously respected range. RSI once again entered oversold territory around 11:30 UTC, while MACD flipped into a bearish crossover, confirming a deepening of downside momentum. The price pierced below $0.01550 briefly, which may turn into a lower resistance if follow-through selling continues into the next session. Bears have clearly taken control in this stretch.
Trend Weakens as Support Cracks
JASMY price appears to be entering a short-term bearish phase as it breaks beneath the important $0.01550 support level. Momentum has shifted decisively to the downside, confirmed by a bearish MACD crossover and RSI repeatedly dipping into oversold territory without a strong recovery. If the price fails to reclaim $0.01560–$0.01575 quickly, it risks falling toward $0.01520 or lower. A push back above $0.01600 could invalidate this bearish setup and reopen the door for range-bound action. For now, caution prevails as downward pressure dominates, and bulls need a strong catalyst to reverse sentiment.
JASMY Price Analysis of May 9th, 2025
The JASMY price action over the last 24 hours shows a gradual yet decisive bullish trend, beginning with a breakout above the key $0.0168 level by 15:20 UTC. This upward momentum initiated a steady climb inside a well-defined ascending channel, marked by higher lows and consistent buying pressure. During the late hours of May 8, Jasmycoin price action respected both channel boundaries and continued to build toward a critical resistance zone. RSI entered overbought territory twice before midnight, signaling buyer enthusiasm, while MACD confirmed this direction with a golden cross near 21:00 UTC. This bullish alignment laid the groundwork for a strong push into the resistance zone by early May 9.
Chart 2- JASMY/USDT M5 Chart, Analyzed by Alokkp0608, published on May 9th, 2025.
As May 9 began, bullish control remained firm. The JASMY price gradually advanced toward the $0.0187 resistance level, confirming the uptrend structure. The channel support around $0.0176 continued to hold through each test, establishing a clear upward trajectory. Between 00:00 and 06:00 UTC, RSI hovered near or above overbought readings multiple times, coinciding with MACD’s bullish stance and signal line alignment. A golden cross shortly before 03:00 UTC further fueled upward pressure. This combination of technical confirmation and consistent volume buildup made the resistance breakout attempt at 07:15 highly plausible. Momentum was clearly in favor of the bulls at this stage.
Failed Breakout Sparks Short-Term Reversal
The JASMY breakout above $0.0187 around 07:15 UTC briefly lifted prices to a peak of $0.0193. However, this move turned into a fake breakout as the price failed to hold above resistance. A sharp rejection followed, dragging the price back to $0.0181 by 09:25 UTC. RSI, which had been in overbought territory, swiftly declined, reflecting the cooling momentum. MACD also printed a bearish death cross near 09:15 UTC, signaling weakening buying strength. The failed JASMY breakout indicated that the resistance near $0.0187 remains structurally intact, and bulls lacked the volume strength to sustain movement above that level.
Despite the rejection, buyers quickly re-entered. From the dip near $0.0181, the price began to recover modestly. Between 09:30 and 11:30 UTC, JASMY formed higher lows once again, suggesting renewed but cautious bullish activity. RSI recovered above the midline, signaling stabilization after the sharp correction. The MACD histogram also began to shift from red to green, hinting at a potential momentum turnaround. Price hovered around $0.0186–$0.0187, testing the resistance zone again but without clear conviction. Overall, momentum has slowed, but buyers are still active at higher support levels near $0.0181.
Consolidation Near Resistance After Breakout Retest
In the most recent 3-hour stretch, JASMY price showed signs of consolidating below its key resistance. After recovering from the $0.0181 dip, the price stabilized near $0.0187. No clear JASMY breakout or breakdown occurred in this interval, and volatility dropped noticeably. RSI hovered slightly above neutral without overbought signals, indicating a balance between bulls and bears. MACD lines converged again, showing no clear trend dominance, but with a slight bullish bias. This quiet phase reflects market indecision after earlier volatility and may precede a breakout or renewed correction, depending on incoming volume and broader sentiment.
JASMY Bulls Eye Another Breakout But Face Resistance Hurdle
The recent Jasmycoin price action points to a bullish setup that failed to sustain above resistance but remains structurally intact. Momentum is still leaning bullish, though fading after the fake breakout. Support at $0.0181 remains key for short-term buyers, while $0.0187 acts as immediate resistance. A clean break above $0.0193 could trigger a new wave toward $0.0198 or higher, but failure to reclaim $0.0187 convincingly may lead to a pullback. RSI reflects partial recovery from overbought levels, and MACD suggests a potential bullish crossover. The next sessions will likely decide whether consolidation turns into another breakout or deeper retracement.
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