Cryptocurrency Q&A
Why is Jasmy dropping?
Why is Jasmy dropping?
Giulia
Sat Nov 30 2024
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5 answers
1352
I've been keeping an eye on Jasmy recently and noticed that its price has been consistently dropping. I'm curious to know the reasons behind this decline. Is it due to market conditions, company-specific issues, or something else entirely?
5 answers
Daniele
Mon Dec 02 2024
Jasmy's price experienced a significant decline following the sale of coins worth millions of dollars by large investors, commonly referred to as whales.
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CryptoProphet
Mon Dec 02 2024
This sell-off has resulted in a temporary setback for the cryptocurrency, causing its value to retreat from recent highs.
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Riccardo
Sun Dec 01 2024
Despite the recent downturn, technical analysts are closely monitoring Jasmy's daily chart for potential signs of a reversal.
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Tommaso
Sun Dec 01 2024
One such sign is the formation of a golden cross pattern, which is a bullish technical indicator that suggests a potential uptrend in the near future.
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DongdaemunTrendsetting
Sun Dec 01 2024
Additionally, the coin has also formed an inverse head and shoulders pattern, which is another technical indicator that often precedes a period of price appreciation.
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