Jasmy / US Dollar Cryptocurrency Forecast

Buy or Hold candidate since Apr 20, 2025 Gain 13.16%

The Jasmy / US Dollar cryptocurrency price fell by -1.15% on the last day (Friday, 25th Apr 2025) from $0.0170 to $0.0168. During the last trading day the cryptocurrency fluctuated 3.13% from a day low at $0.0166 to a day high of $0.0171. The price has risen in 7 of the last 10 days and is up by 9.09% over the past 2 weeks. Volume has increased on the last day by 691 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 73 million shares were bought and sold for approximately $1.22 million.

The cryptocurrency lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $0.0168 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the cryptocurrency is expected to fall -47.75% during the next 3 months and, with a 90% probability hold a price between $0.0032 and $0.0088 at the end of this 3-month period. Do note, that if the cryptocurrency price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

JASMYUSD Signals & Forecast

The Jasmy / US Dollar cryptocurrency holds buy signals from both short and long-term Moving Averages giving a positive forecast for the cryptocurrency. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0155 and $0.0126. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, April 24, 2025, and so far it has fallen -1.15%. Further fall is indicated until a new bottom pivot has been found. Jasmy / US Dollar gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Jasmy / US Dollar cryptocurrency

Jasmy / US Dollar finds support from accumulated volume at $0.0163 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This cryptocurrency may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this cryptocurrency is considered to be "very high risk". During the last day, the cryptocurrency moved $0.0005 between high and low, or 3.13%. For the last week, the cryptocurrency has had daily average volatility of 6.79%.

Our recommended stop-loss: $0.0163 (-2.98%) (This cryptocurrency has very high daily movements and this gives very high risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (JASMYUSD) For The Upcoming Trading Day Of Saturday 26th

For the upcoming trading day on Saturday, 26th we expect Jasmy / US Dollar to open at $0.0169, and during the day (based on 14 day Average True Range), to move between $0.0156 and $0.0180, which gives a possible trading interval of +/-$0.0012 (+/-7.05%) up or down from last closing price. If Jasmy / US Dollar takes out the full calculated possible swing range there will be an estimated 14.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $0.0170 (1.17%) than the support at $0.0163 (3.10%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Jasmy / US Dollar cryptocurrency A Buy?

Jasmy / US Dollar holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this cryptocurrency since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

Current score: -0.249 Hold/Accumulate Downgraded

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Predicted Fair Opening Price

Predicted fair opening price on April 26, 2025 - $0.0169 ( 0.317%).