JasmyCoin (JASMY) is currently priced at $0.00605242, showing a modest 24-hour increase of 0.68%. The daily price range has been tight, with a high of $0.00635402 and a low of $0.00578397, indicating limited volatility during this period.

Trading volume stands at 23,719,531, translating to a volume-to-market cap ratio of 7.93%. This suggests a relatively active market but is still below the threshold that typically indicates strong bullish momentum, reflecting a cautious sentiment among traders.

The hourly moving averages present a mixed outlook: the 8-period SMA indicates slight bullishness at $0.0060, while the longer 13 and 21 SMAs suggest bearish pressure with declines of -0.60% and -0.39% respectively. The 55 SMA shows a minor increase of +1.32%, but the longer-term SMAs (144 SMA) indicate bearishness with a decline of -1.25%.

Momentum indicators reveal that the 1-hour RSI is neutral at 50, while the 7-day RSI at 46 signals potential bearishness as it approaches oversold territory. Over the past week, JASMY has experienced a significant decline of approximately 12.69%, with similar losses over the 14-day and 30-day periods, indicating a broader negative trend.

Despite its historical all-time high of $4.79 reached in February 2021, JASMY has struggled to maintain upward momentum, as reflected in its substantial price depreciation over recent months. This persistent downtrend raises concerns about the token's ability to recover in the near term.

Given the mixed signals from moving averages, the stagnant volume relative to market cap, and the declining RSI values, the current market environment for JasmyCoin does not support a bullish outlook. Therefore, the recommendation is to Hold JASMY, as the potential for a turnaround remains uncertain without clearer bullish indicators.