JasmyCoin (JASMY) is currently priced at $0.0067312, reflecting a significant 24-hour decline of 7.44%. The daily trading range shows a high of $0.00732776 and a low of $0.00666559, indicating volatility and a market struggling to maintain upward momentum.

Volume has reached 19,034,972, which corresponds to a relatively low 5.72% of the market cap, suggesting decreased trading interest in the short term. The moving averages are all trending negatively, with the 8 SMA at $0.0071 showing a decline of 5.06%, underscoring a bearish sentiment across different time frames.

The Relative Strength Index (RSI) readings further support this bearish outlook, with the 1-hour RSI plummeting to 14, indicating potential oversold conditions. The 7-day RSI stands at 42, suggesting that while the asset is not yet in oversold territory, it is edging towards it, reflecting weak momentum over the past week.

From a longer-term perspective, the price has dropped by approximately 17.27% over the past seven days and 25.18% over the last fourteen days. However, the asset has shown a slight recovery of 11.93% over the past month, indicating potential for short-term rebounds despite the recent downturn.

Given these technical indicators, the price is significantly lower than its all-time high of $4.79, recorded on February 16, 2021. The market appears to be in a corrective phase, and the persistent negative price action could lead to further declines unless a reversal occurs soon.

In conclusion, the current market conditions for JasmyCoin suggest a Sell rating. The combination of negative price action, low RSI, and weak trading volume indicates that investors may be better off exiting their positions until more favorable technical signals emerge.