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SMARTCOM x Jasmy & Upbeat Socials, Could Jasmy Ride This Rally?

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The JasmyCoin price chart shows an intense match between bulls and bears, reducing the price range. The spike suggests bullish optimism. Recently, it bagged a collaboration that is expected to boost its price and reputation in the crypto realm.

At press time, JasmyCoin traded at $0.02170 with an intraday surge of 2.12%, with a market capitalization of $1.08 Billion.

How Can Collaboration With SMARTCOM Impact JasmyCoin?

According to the tweet on X by NeoXtrix, Jasmy has collaborated with SMARTCOM Laboratories to deploy an authentication system extensively in Japan. The SMARTCOM Laboratories is based in Japan. It focuses on researching and developing advanced communication technologies and IoT solutions.

NeoXtrix further stated that they have a strong reputation and are known for their inventive approaches and expertise in developing advanced cutting-edge systems that link various infrastructures and IoT systems within Japanese society.

Here’s what the Technical Analysis Shows for JASMY

Analysy Captain Faibik tweeted with the bullish sentiment on the X platform that In JasmyCoin (JASMY) a slight breakout has taken place out of a bullish pennant pattern on the daily chart.

Similarly, based on the analyst tweet, the JASMY asset daily chart exhibits that it has been surging from support and remains above the 50-day and 200-day EMAs, portraying bullish strength in the long-term.

Likewise, the MACD portrays a bullish cross, with a rising histogram in JASMY at 0.00033, and the RSI glared at 62.50, which found support on the 14-SMA line. It portrayed that the JasmyCoin crypto is not losing any bets yet and could continue to rise in future sessions.

Therefore, if the breakout rallies strongly, the next goal for the JasmyCoin price could be to reach the above levels, such as $0.02750 and surpassing this could crack it up to $0.03500.

Likewise, another analyst Stephiscrypto highlighted that breaking the bullish flag pattern successfully could send the JASMY price towards $0.10 in the coimng weeks. Both of them are bullish with two different patterns in sight.

On the contrary, if the price deteriorates and trades back inside the pattern again, the bullish pattern made in Jasmy would fail its worth and would be failed.

Likewise, in this scenario, if JasmyCoin crypto price fails to sustain above the $0.01650 level, it could also decline further towards the demand zone.

Summary

The JasmyCoin price chart showed a fierce battle between bulls and bears, resulting in a narrowed price range and a bullish spike. Recent collaboration with SMARTCOM Laboratories in Japan has expected to enhance JasmyCoin’s price and reputation more, as well.

Analysts predict a breakout from a bullish pennant pattern on the daily chart, with bullish strength in the long term. Targets for JasmyCoin price include $0.02750 and potentially $0.03500 if the breakout continues. Failure to sustain above $0.01650 could lead to a decline towards the demand zone. Multiple analysts are bullish on JasmyCoin’s price potential.

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