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Regulatory Winds Propel JasmyCoin As Japan’s Crypto Revolution Ignites 225% Surge

Published 02/22/2024, 10:31 PM
Updated 02/22/2024, 10:45 PM
Regulatory Winds Propel JasmyCoin As Japan’s Crypto Revolution Ignites 225% Surge

  • $JASMY soars 225% after breaking key resistance, signaling a significant win for early investors.

  • Regulatory shifts in Japan boost $JASMY, with venture capital fueling the nation’s crypto innovation, growth.

  • Technical indicators suggest caution with $JASMY’s RSI at 71.14, hinting at potential short-term pullback risks.

JasmyCoin ($JASMY) exceeded market expectations with a 225% increase following a pivotal break in its resistance level, as highlighted by CryptoBusy, an analytic platform on X. This development comes on the heels of a forecast made on December 13, which accurately predicted the coin’s trajectory beyond a critical resistance point, signaling a lucrative opportunity for investors within the accumulation zone.

At press time, JASMY was trading at $0.018544, with its trading volume reaching $1.6 billion over the past 24 hours, per CoinMarketCap. The market has witnessed a 59.58% uptick in value, underscoring a robust bullish momentum.

Moreover, the technical indicators vividly show the current market dynamics. The 1-Day Relative Strength Index (RSI) 71.14 hints at a potentially overbought condition, suggesting investors tread cautiously for possi…

The post Regulatory Winds Propel JasmyCoin As Japan’s Crypto Revolution Ignites 225% Surge appeared first on Coin Edition.

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