JasmyCoin (JASMY) is currently priced at $0.00857325, experiencing a 24-hour decline of 4.25%. The coin's daily trading range has been between $0.00852211 and $0.00919492, indicating short-term volatility with a daily range of 0.00067281.

The trading volume stands at 34,880,248, with a volume-to-market cap ratio of 8.23%, suggesting a moderate level of liquidity. The hourly moving averages indicate a bearish trend, with the 8 SMA at $0.0087 down 1.21% and the 144 SMA at $0.0089 down 3.67%, confirming downward pressure in the short to medium term.

The 1-hour RSI at 36 suggests that JASMY is nearing oversold territory, which could indicate a potential bounce-back. However, the 7-day RSI at 48 implies that the asset is still within a neutral range, lacking strong bullish momentum in the medium term.

Over the past 30 days, JASMY has shown a positive price change of 29.25%, while the 14-day change of 46.32% indicates a strong upward trend previously, although recent performance suggests a correction. The all-time high of $4.79 from February 2021 remains a significant psychological barrier, and current pricing levels indicate substantial distance from this peak.

Given the current downward momentum, coupled with bearish technical indicators and the relatively low RSI values, it is advisable to adopt a cautious approach. A Hold rating is recommended, as the potential for a short-term rebound exists, but the prevailing trend suggests further assessment is needed before considering new positions.