JASMY decreases 7 % – Does bulls defend the main support or risk with a 15 % chip? star-news.press/wp

• Yasmi seemed to be a critical level of plans at the time of the press
• The feelings of the market were mixed recently, with investors dividing the upcoming and underlined expectations

JASMYCOIN (JASMY) in the news today after it has recorded significant losses over the past 24 hours, with the distinctive symbol loss 7.1 % of its value according to CoinmarketCap.

In fact, an analysis of the original prices revealed that Jasmy may be at risk of either to expand its losses or a liar from the level of the journalism time. Ampcrypto has divided the main market factors that may affect the next step for Altcoin.

Jasmy strikes the main support after the daily decrease

Jassai has decreased over the past 24 hours by refusing to resist the descending canal.

In fact, the original has now decreased to a critical support zone at $ 0.0124 in the same channel. This region is likely to reflect the prevailing direction, which may lead to the outbreak of the channel.

However, if support erupted, Jasmy may decrease by 15 % about $ 0.0120, or decrease to $ 0.00822 – on the occasion of a 27 % decrease.

The next Jasmy step depends largely on whether it bears this support or breaks below, which leads to the bottom of another leg.

Technical indicators flash signals

At the time of writing this report, Altcoin’s technical indicators have alluded to the most negative side of Jaci in the upcoming sessions. For example – tThe Relative Power Index (RSI) decreased to 41.81, dipped in the Habboudia.

The drop area usually ranges between the relative strength index between 30 and 50 and is historically linked to market decline.

Likewise, the flow of Chaikin (CMF) has also turned negative, as it decreased to -0.06 on the plans. Here, tCMF measures the purchase and sale of pressure on the basis of volume flow. Negative reading indicates that the size of the sale was dominating the purchase activity.

Such a joint decrease in both RSI and CMF hinted in increasing the pressure pressure, a sign that the price of Jasmy may continue to decrease.

Will the bulls defend support, or is there another collapse?

Despite these descending technologies, the place markets and derivatives did not receive the bullish feelings.

In fact, data from Coinglass It has revealed that Jasmy has seen Exchande Exchang Netflows over the past 24 hours. Distinguished codes of $ 235,000 from the exchange portfolios were transferred to private portfolios.

This trend is a sign of accumulation, which helped JASMY to keep support for the journalism time.

In the derivative market, the upscale feelings seemed very clear as well. The weighted funding rate has returned to the first time for the first time. Reading the time of the journalism of 0.0009 % implicitly that long situations have recently acquired hegemony.

In the event that accumulation continues in each of the stain and derivative markets, Jasmy may help retain the support of the journalism time or even run the stop scenario, describing short trousers before the reversal gathering.

However, if the pressure pressure continues, Jasmy may see a wider price to the expected levels.