-
JASMY has been trading at $0.008784 following a 4.3 per cent drop in a day.
-
Price remained within the support of $0.008466 up to the resistance of $0.01003.
-
BTC and ETH pairs reported an increase even when the dollar is weak.
JasmyCoin was still on the defensive side since the price action continued to stay within an established technical range. The stock was at a price of $0.008784, which is a 4.3 percent fall in 24 hours. The price action was still fluttering at the support level of just above the $0.008466 that formed the bottom line of the current range. But the market could not re-take the $0.01003 resistance and limit the upside movement. The structure concentrated on the yellow area marked in the weekly chart where traders kept eyeing closing behavior.
Repeated Tests of the Yellow Zone Keep Weekly Structure Intact
Price action showed repeated interaction with the yellow zone, reinforcing its technical relevance. It is worth noting that JASMY has tested this area several times over the past sessions. Individual tests led to transitory responses as opposed to continuity.
$JASMY must close weekly candle above this yellow zone. pic.twitter.com/EDnx3RRPTZ
— Team LAMBO (@TehLamboX) January 7, 2026
The most recent pullback resumed the price at this point again. Consequently, the market was still vulnerable to the weekly closing behavior. The weekly close beyond this zone kept the prevailing set up intact. This arrangement put this bigger movement in price into perspective over shorter periods.
Tight Dollar Range Persists as JASMY Shows Relative Strength Against BTC and ETH
JASMY has moved in a tight band in the past 24 hours, supported by the levels of $0.008466 and limited by the levels of the resistance at $0.01003. The price did not however stabilize more than the intraday highs.
Sellers maintained control near resistance, while buyers defended the lower boundary. This balance limited volatility following earlier price movement. Consequently, market activity concentrated around established levels. This tight range provided context for cross-pair performance, which showed a different picture.
The dollar-based weakness saw JASMY gain against major assets. Compared to Bitcoin, the token was trading at 0.079558 BTC, which is equivalent to a 2.0 percent growth. Meanwhile, JASMY went up against ethereum, changing at 0.052735 ETH, which was up by 3.2%. Such coupled gains were in contrast to the U.S. dollar decline. However, price behavior remained constrained by technical levels. This divergence linked dollar pressure with relative stability across alternative trading pairs.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Gets Its Own ‘Fear Gauge’ as Cboe Announces BITVX Index
Cboe Global Markets is bringing Wall Street’s favorite volatility playbook to bitcoin, announcing plans to launch a new index designed to track the market’s expected price swings using options tied to the popular Ishares Bitcoin Trust ETF.
BITVX: Cboe Applies VIX Methodology to Bitcoin ETF
Coinpedia1h ago
Strategy’s Michael Saylor Reveals $1.28B Bitcoin Purchase, Holdings Reach 738,731 BTC
Michael Saylor, executive chairman of Strategy, posted a brief but blunt update that stopped scrolling feeds: “Strategy has acquired 17,994 BTC for ~$1.28 billion at ~$70,946 per Bitcoin. As of 3/8/2026, we hodl 738,731 $BTC acquired for ~$56.04 billion at ~$75,862 per Bitcoin.” The numbers speak fo
BlockChainReporter2h ago
ETH 15-minute increase of 1.96%: On-chain large fund inflows and technical breakthroughs jointly amplify the rally
2026-03-09 19:15 to 19:30 (UTC), ETH achieved a short-term return of 1.96%, with the price range between 2010.14 and 2050.5 USDT, and an amplitude of 2.01%. Trading volume during this period significantly increased, market attention rapidly grew, and price fluctuations drew high investor interest.
The main driver of this movement was multiple large transfers of over 10,000 ETH on the blockchain, primarily flowing to a major exchange, indicating institutional or large investor accumulation, with positive capital inflows. At 19:15, ETH suddenly
GateNews3h ago
BTC 15-minute increase of 1.42%: On-chain capital inflow and technical breakout points resonate to trigger buying interest
From 19:15 to 19:30 on March 9, 2026 (UTC), the BTC price experienced a 15-minute return of +1.42%, with trading ranges between 68,377.3 and 69,365.3 USDT, and a volatility of 1.44%. This fluctuation far exceeds the regular intraday volatility levels, with market attention significantly heightened, and short-term buying surges intensifying the volatility.
The main driver of this movement was net inflow of on-chain funds, triggered by large transfers from major holder accounts, along with buy orders breaking through key technical resistance levels.
GateNews3h ago
Dogecoin Tests $0.090 Support After 3.4% Drop as Traders Watch Key Price Range
Dogecoin is currently trading at $0.09061 which is a drop of 3.4 percent, and the price is close to the important level of $0.09011 support.
The chart indicates a series of tests of the support zone of $0.089-$0.090, and the closest resistance is represented by $0.09353.
A hold of
CryptoNewsLand3h ago
Cardano Sees 1.7B ADA Traded as Price Tests Key Support
Key Insights
Cardano recorded more than 1.7 billion ADA in trading volume within 24 hours as market sentiment weakened and traders reacted cautiously.
On-chain data shows roughly 230 million ADA sold during the past week, which intensified selling pressure and pushed prices lower.
Cardano
CryptoFrontNews4h ago
