JasmyCoin (JASMY) is currently priced at $0.01444815, reflecting a 24-hour decline of 3.34%. The daily trading range indicates a low of $0.01439726 and a high of $0.01509507, suggesting limited volatility but a bearish trend in the short term.

Trading volume stands at 26,562,800 JASMY, contributing to a volume/market cap ratio of 3.79%, which indicates moderate interest relative to market capitalization. The recent performance metrics show a 7-day price change of -17.38% and a more significant 14-day decline of -22.62%, highlighting ongoing bearish sentiment.

Technical indicators reveal that the short-term moving averages (SMA) are all in a downtrend, with the 8 SMA at $0.0147 and the 55 SMA at $0.0151, pointing to persistent selling pressure. The 1-hour RSI is at 33, indicating oversold conditions, while the 7-day RSI is at 42, suggesting that the asset may be approaching a potential reversal but is still underperforming.

JasmyCoin's all-time high of $4.79 from February 2021 reflects substantial historical volatility and potential for future recovery, although the current price is significantly below this mark. The considerable declines over the past weeks indicate a need for caution, as the market sentiment remains bearish.

Given the current technical setup, declining moving averages, and overall negative price momentum, a clear Sell rating is warranted. The combination of low RSI values and persistent downward trends signals that further downside may be possible before any potential recovery, advising investors to exit positions or remain sidelined until a more favorable technical setup emerges.