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Bullish Wave in JASMY Market Records 90-Day High of $0.007552

Published 02/07/2023, 08:25 PM
Updated 02/07/2023, 08:45 PM
Bullish Wave in JASMY Market Records 90-Day High of $0.007552
JASMY/USD
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  • According to a recent survey, the JASMY market is thriving.
  • If the positive trend continues, JASMY might see additional increases soon.
  • The unrelenting purchasing pressure from JASMY bulls drives the price to a 90-day high.

In the previous 24 hours, the JasmyCoin (JASMY) market has been bullish, with values ranging from $0.006635 to $0.007552 (a new 90-day high). As of press time, the JASMY price had risen by 7.64% to $0.007187, justifying the optimistic prognosis.

Traders jumped on board due to increasing confidence and expectations of a lengthy bull run, prompting the market capitalization to rise 7.65% to $335,315,628. However, this bullishness may be short-term because 24-hour trading volume fell by 61.62% to $236,443,393. Nevertheless, despite the drop in trading volume, the high JASMY prices show that investors remain confident in the currency.

JASMY/USD 24-hour price chart (source: CoinMarketCap)

The Rate of Change (ROC) indicator is trending north with a rating of 5.5, indicating increased market purchasing pressure. The increased purchasing pressure implies considerable demand in the market, which will likely lead to higher prices. As a result, …

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