CandleFocus Will JasmyCoin (JASMY) Debut On Upbit Spark Momentum For A Price Rally?
2024-11-22
Author: Content Editor
JasmyCoin (JASMY) has been listed on Upbit, South Korea's largest cryptocurrency exchange, leading to increased market visibility. The listing has resulted in new all-time highs in institutional interest volumes and open interest, indicating trust in the token's upward price movement. The listing aligns with JasmyCoin's mission to empower individuals and businesses in the Internet of Things (IoT) space. Currently, JASMY sits at $0.02079, with support and resistance levels noted. Market volatility is low, suggesting a consolidation phase, but a potential bullish crossover on the MACD histogram indicates the possibility of an uptrend. Exchange inflows for JASMY have increased, but sustained increases without corresponding outflows could suggest selling pressure. Investors should monitor further inflows and price trends for potential breakouts or further declines. Liquidation data shows notable liquidations in both long and short positions, indicating a relationship between price volatility and market responses or trader positions.
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