JasmyCoin (JASMY) is currently trading at $0.00696947, reflecting a 24-hour change of -3.20%. The daily price range has been narrow, with a high of $0.00725846 and a low of $0.00691672, indicating limited volatility in the recent trading session.

The trading volume stands at 18,762,361, representing 5.44% of the market cap, which suggests moderate trading activity. However, the hourly moving averages indicate a bearish trend, with the 8 SMA at $0.0070 showing a decline of 0.41% and the 55 SMA at $0.0072 reflecting a more pronounced drop of 3.78%.

The Relative Strength Index (RSI) readings suggest that JASMY is approaching oversold conditions, with a 1-hour RSI of 33 and a 7-day RSI of 47. The 7-day and 14-day price changes of -7.11% and -4.48%, respectively, further indicate a bearish trend, while the 30-day price change of -19.23% signals a significant downtrend over the past month.

The all-time high for JasmyCoin was $4.79 on February 16, 2021, which highlights the substantial distance from current levels. Given the persistent downward pressure and the overall market sentiment, the current price action does not suggest a reversal in the near term.

Considering the technical indicators and fundamental data, the recommendation is to hold JASMY at this time. While the oversold RSI may present a potential buying opportunity, the ongoing bearish trend and lack of strong support levels indicate that further declines could be likely before a significant recovery.