JasmyCoin (JASMY) Emerged As Second Top Performer

JasmyCoin (JASMY) Emerged As Second Top Performer
Competing with hundreds of bullish cryptocurrencies, JasmyCoin emerged as the 2nd top performer, rising over 94%. The crypto witnessed a strong thrust to the upside breaking out from a consolidation phase in the second week of May.


At the time of writing, JASMY crypto was exchanging hands close to $0.03 marking a 7.8% fall in Intraday. The crypto ranks 56th in the cryptoverse with a live market capitalization of $1.70 Billion. Out of 50 Billion tokens, over 98.6% i.e. 49.29 Billion JASMY tokens are in circulation.

From a price point of view, JasmyCoin price has dropped by nearly 20% in the recent sessions, however it still trades in a bullish zone above the key Exponential moving average of 20 days. The $0.033 level is a crucial level to watch as of now. If the bulls succeed to defend the level it may indicate a trend continuation towards the $0.04 level.

Conversely, any breakdown below the $0.033 level may invalidate the short term bullish control and the price may look to retrace the $0.025 level.