JasmyCoin (JASMY) is currently priced at $0.00591471, reflecting a 24-hour decline of 2.70%. The trading volume over the last day stands at 11,780,875, indicating a relatively low engagement in the market with a volume to market cap ratio of 4.01%.

The price has experienced a daily range between $0.00588603 and $0.0061003, showing a tight fluctuation of $0.00021427. Technical indicators reveal that the 1-hour RSI is at 43, suggesting a near-term bearish momentum, while the 7-day RSI of 51 indicates a neutral position, reflecting mixed sentiment over the past week.

Short-term moving averages show a consistent downtrend, with the 8 SMA at $0.0060 down by 1.00% and the 144 SMA also trending lower at a -1.41% change. The 30-day price change is notably negative at -21.86%, which underscores a broader bearish trend, contrasting with the recent positive 7-day change of approximately 9.03%.

Despite the recent price drop, JasmyCoin remains significantly below its all-time high of $4.79, achieved in February 2021. The lack of strong upward momentum combined with the current bearish indicators suggests caution for potential investors.

Given the current technical indicators and market sentiment, a Sell rating is warranted for JasmyCoin. The persistent downward trend, coupled with weak volume and bearish short-term signals, indicates that further declines may be likely, making it unadvisable to hold or purchase at this time.