Crypto Currency

JasmyCoin defies broader crypto market as price surges 12%

JasmyCoin surges 12% as price defies broader crypto market JASMY could flip to $0.04 if bulls hold above key support level JasmyCoin (JASMY), the native token of a Japan-based cryptocurrency project for decentralized data, has witnessed a significant price increase as most top altcoins mirror Bitcoin’s consolidation in the past month. On June 23, JASMY

Published 2 years ago in
JasmyCoin defies broader crypto market as price surges 12%

  • JasmyCoin surges 12% as price defies broader crypto market
  • JASMY could flip to $0.04 if bulls hold above key support level

JasmyCoin (JASMY), the native token of a Japan-based cryptocurrency project for decentralized data, has witnessed a significant price increase as most top altcoins mirror Bitcoin’s consolidation in the past month.

On June 23, JASMY price was up 12% – more than any other token in the top 100 by market cap.

As BTC and ETH hovered around the $64k and $3.5k price levels respectively, JasmyCoin was trading above $0.033, seeing a notable surge in daily volume and one of the top trending crypto tokens in the market.

JASMY price – what happened?

While JasmyCoin remains nearly 7% down in the past week, the past 24-hour gains have helped stem recent rot that saw JASMY fall to around $0.027.

The declines had accelerated once JASMY retreated from above $0.044 in early June, with a breakdown to $0.030 coinciding with Bitcoin’s sharp descent this month. As the crypto market struggled with sell-off pressure amid macroeconomic events and miner selling, JASMY broke below a technical support area to reach lows of $0.027 on June 21.

Today’s upside is a continuation of the bullish flip over the past two days.

According to CoinGecko data, this cryptocurrency has recorded a decent 24% uptick in 24-hour trading volume, currently at over $200 million. On the previous day, volume reached $176 million as price moved from near $0.029 to $0.032.

Read more: Jasmy unveils major partnership with Panasonic

JasmyCoin chart

The technical picture for JasmyCoin suggests a slightly upper hand for bulls.

As shown above, the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) on the 4-hour chart both offer this advantage. The chart also shows JASMY is nicely poised despite the retreat from the resistance line of the Bollinger Bands.

The daily chart however shows RSI and MACD slightly favouring bears.

In this case, buyers must hold price above the psychologically important $0.030 level to prevent a bearish flip. On the upside, JASMY coin’s major hurdle could be around $0.38-$0.040.

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Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls

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Kaspa (KAS) price forecast: why $0.03 is pivotal for bulls

Kaspa Price Bullish

  • Kaspa price currently mirrors the broader market, with Bitcoin struggling.
  • The KAS token recently bounced off $0.028 and is holding $0.03.
  • If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.

Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.

The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.

Why Kaspa bulls may hold the upper hand

Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.

Among key milestones is Kaspa’s network notching over 600 million total transactions.

Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.

Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.

Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.

Kaspa price analysis

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KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.

Kaspa Price Chart
Kaspa price on daily chart by TradingView

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