JasmyCoin (JASMY) is currently trading at $0.00770672, reflecting a 24-hour decline of 6.05%. The price has fluctuated within a daily range of $0.00741124 to $0.00820315, indicating moderate volatility in the short term.

The trading volume stands at 31,164,147, representing 8.18% of the market cap, which is relatively low, suggesting a potential lack of strong buying interest. Technical indicators show that the short-term moving averages (8 SMA, 13 SMA) are slightly positive, but the longer-term averages (55 SMA, 144 SMA) indicate bearish trends, with declines of 3.41% and 7.16%, respectively.

The 1-hour RSI is at 54, suggesting a neutral momentum, while the 7-day RSI at 43 indicates that JASMY is nearing oversold conditions. Over the past week, JASMY has experienced an 11.06% decline, contrasting with a 25.53% increase over the past month, which suggests some recovery potential after recent losses.

Despite the recent downturn, the 14-day price change shows a positive trend of 6.03%, indicating potential bullish sentiment forming. However, the significant gap from the all-time high of $4.79 reached in February 2021 reveals the substantial downward pressure JASMY has faced historically.

Given the combination of recent bearish activity, neutral RSI levels, and the divergence between short-term and long-term moving averages, a cautious approach is warranted. Therefore, the recommendation for JasmyCoin is to Hold, as it may be poised for short-term recovery but lacks strong momentum for a buy signal in the current market environment.