JasmyCoin (JASMY) is currently priced at $0.00583862, reflecting a 4.66% increase over the last 24 hours, which suggests a positive short-term momentum. The daily range was relatively tight, with a high of $0.00584652 and a low of $0.00550546, indicating limited volatility in this period.

Trading volume stands at 18,235,651, equating to 6.32% of the market cap, which indicates moderate trading activity. The hourly moving averages are all positioned above the current price, with the 8 SMA showing a gain of 1.99% and the 21 SMA indicating a rise of 3.30%, signaling potential upward price support.

The 1-hour RSI is at 76, which indicates that JASMY is in overbought territory in the very short term, suggesting caution for immediate purchases. In contrast, the 7-day RSI at 53 indicates a more neutral stance, reflecting a lack of strong buying or selling pressure over the past week.

Over the past 7 days, JASMY has declined by 1.81%, while showing a more favorable increase of 8.19% over the past 14 days, reflecting a mixed short-term trend. In the longer term, the 30-day price change is down by 14.81%, highlighting a bearish sentiment when viewed over a more extended timeframe.

JasmyCoin's all-time high of $4.79 occurred on February 16, 2021, which presents a significant downside potential from the current price level. Given the current bullish momentum in the short term combined with overbought indicators, a wait-and-see approach may be prudent to avoid potential price corrections.

Overall, I recommend a Hold rating for JasmyCoin (JASMY) at this time. While there is short-term upward momentum, the overbought conditions and long-term downtrend warrant caution before making any additional investments.