3 reasons make Jasmy jump 165 %

Jasmy Coin Price continued its declining direction this week as the Crypto Fear and Greed index fell to 35, reflecting the increase in uncertainty in the market.

jasmycoin (YasimiIt fell to $ 0.021, on the occasion of a 63 % decrease from the highest level in December. This means that it is now firmly in the bear market, as the assets decrease by at least 20 % from its last peak.

The continuous Jasmycoin sale process coincided with a shrinkage in the wider market, where traders are still afraid and many remain on the sidelines. Bitcoin (BTC), Which strongly affects Altcoin movements, decreased from 109200 dollars to 96,000 dollars, which led to a muddling.

The Crypto Fear and Greed Index, which reached 88 years old in the extreme greed area earlier this year, decreased to 35 years. The prices of cryptocurrencies often decrease sharply when the market morale turns into fear.

On the positive side, there are signs that jasmy holders do not sell. according to The righteous ritualsThe number of Jasmy holders rose to 88,600 on February 12, up from 85,300 a month. Cryptology usually sells their property during sharp prices, but this trend indicates otherwise.

Another potential incentive for the JASMY price is the constant decrease in exchange balances. The total offer on stock exchanges decreased to 8.49 billion, a decrease from 11.67 billion in March last year.

The decrease in exchange balances is often a sign that holders do not transfer symbols to CEX platforms for sale. Instead, most investors in self -friction governor keep the currency to refresh.

Yasmi price analysis

Another factor in the continuous decrease in JasmyCoin is the formation of the falling spoiler. This style, which is characterized by two lines of approximate direction, often indicates a possible reflection. In this case, the Jasmy trend lines are approaching their meeting point, indicating that the bounce may happen soon.

The relative strength index also formed the pattern of falling outfit. Meanwhile, the percentage of the osciltor has decreased to its lowest point since August 2024. Jasmy has seen a strong recovery the last time that it reached this level.