• JASMY enthusiast and crypto analyst shares his take on JASMY’s next crucial move. 
• If the JASMY price fails to break through a crucial resistance level it could dip further.
• He says if JASMY breaks the resistance level then $0.05 JASMY price is likely.

JASMY price has taken a hard hit on day 3 of the crypto correction phase. While the asset held strong during the first correction dip, support for the Bitcoin of Japan has since taken two massive hits taking the JASMY price below crucial resistance levels.

Steph is Crypto is keeping a close eye on JASMY price and has marked two crucial points that the JASMY price could break through. Unfortunately the asset couldn’t break through either meaning a massive rally opportunity has now been delayed further. 

Thus, the analyst takes to the charts to once again find the next critical move JASMY must make to fly to greater heights. To start off he begins by highlighting that the JASMY price fell from $0.04 to $0.035.

If the asset had broken through the previous resistance level the price of JASMY would have soared towards $0.09. However, now he notes how support for JASMY has fallen over the past two days. 

He also marks crucial resistance coming ahead for the asset. He also says $0.05 price for JASMY is still very much a possibility but only if the bulls come in to support the asset and take it past the resistance level.

The most important resistance to break for #Jasmy on the weekly is at 5 cents.

I explained it all here: https://t.co/GoYosQrrG8 pic.twitter.com/eFfDlOComv

— STEPH IS CRYPTO (@Steph_iscrypto) June 12, 2024

He also says the possibility for a massive dip is present despite the fact that JASMY is in an upwards trend and there are signs that could lead it over the crucial resistance level. He also shares his trading spots and entries for his current JASMY holding. 

On both fronts Steph is up by over 1,000% and 2,000% showing that he’s been holding JASMY for a long time. He also says if JASMY did take a big dip, this gives traders a good chance to pump their JASMY bags.

Lastly, he shares how bullish he is on Bitcoin (BTC) and many other altcoins besides JASMY. To conclude, he looks at the BTC chart and sees that a big bullish wave is inevitable and encourages watchers to always consider buying the dip especially since we are in a bull market.

Read Also

• Ripple and JASMY Partnership Speculation Sparks Bullish Sentiment for New XRP and JASMY ATHs
• JASMY Rises Up Taking Rank 51 in Market Cap and Continues its Bullish Upward Rally Amid Hard Altcoins Crash
• JASMY Will Hit $17 According to JasmyCoin CFO and CEO, an Expectation for when JASMY Hits 107 Million Users
• JASMY Price Chart Prints Bullish Flip Event, Analysts Expects Massive Price Spike Based on Historic Bullish Signal
• Bullish JASMY Sentiment Accelerates JasmyCoin’s Price Trajectory to Hit $1-$5 Soon, Will JASMY Surpass $10?

The post JASMY Price Dips, Chart Shows Potential to Rally Past $0.05 if JASMY Breaks Crucial Resistance Level appeared first on Crypto News Land.

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