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JASMY Forming a Delayed Correction

Written By: ChartChamp

June 20, 2024

JASMY held strong while most Altcoins dropped, which is a bullish sign that there are a lot of JASMY holders that won’t sell. However, JASMY is forming a delayed correction and is trending down now while most Altcoins drop. This is likely caused by investors taking profit from JASMY to buy the dip in other Altcoins. I think JASMY is out of sync with the rest of the Altcoin market, and could continue trending down while ALTS rally. I have $0.024 as a key support level to monitor on the way down. I personally don’t mind these little price swings, I’m bullish on JASMY for the bull run and I plan to exit around August for the swing trade discussed over the weekend.

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