JasmyCoin's price has experienced a significant decline due to the formation of a double-top pattern and a shift in market sentiment. This drop coincided with a broader decline in the crypto market, including Bitcoin. On-chain metrics also indicate a bearish outlook for JasmyCoin, with network growth slowing and a decrease in large transactions. The recent price action of JasmyCoin suggests a potential reversal, with the token falling below key Fibonacci retracement levels and trading near the bottom of the Murrey Math Lines range. There is a possibility that the token could drop further to a key support level, but a breakout above a certain level could signal more gains for JasmyCoin.



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