This news article provides an analysis of the price trends and key levels for JasmyCoin (JASMY) and VeChain (VET). JasmyCoin is currently in a consolidation phase with support at $0.01907 and resistance at $0.0193 and $0.0195. The short-term trend for JasmyCoin is neutral, with declining trading volume and bearish momentum indicated by the RSI and MACD indicators. If the resistance at $0.0193 is broken, the price may increase, but if the support at $0.01907 is lost, the price could decline further.
VeChain, on the other hand, has been experiencing a clear downtrend and is currently facing immediate support at $0.02229 and resistance at $0.02297 and $0.02300. The short-term outlook for VeChain is bearish, with a decrease in trading volume and bearish momentum indicated by the RSI and MACD indicators. To regain positive momentum, VeChain needs to break above $0.02297, while a failure to hold support at $0.02229 could lead to further declines.
It's important to note that this article does not provide financial advice, and readers are advised to exercise caution and do their own research before making any investment decisions.
- Content Editor ( coinedition.com )
- 2024-10-10
Coin and VeChain Price Analysis: A Second Bull Run in 2024?