JasmyCoin (JASMY) is currently priced at $0.0090303, reflecting a modest 24-hour change of 0.66035%. The daily trading range has been relatively tight, with a high of $0.00916223 and a low of $0.00863299, indicating limited volatility in the short term.

Volume stands at 42,903,644, contributing to a volume-to-market cap ratio of 9.86%. This suggests healthy trading activity, but the overall market cap remains subdued compared to historical highs, as the coin has seen a significant decline from its all-time high of $4.79 in February 2021.

From a technical perspective, moving averages indicate mixed short-term trends; while the 55 SMA shows a strong upward movement (+3.45%), the 144 SMA is down by 3.16%. The 1-hour RSI is neutral at 48, while the 7-day RSI is slightly bearish at 46, suggesting that the asset is neither overbought nor oversold.

Over the past week, JASMY has seen a price decline of approximately 6.75%, with a more substantial drop of 16.97% over the past 14 days, and a significant 28.10% decrease over the last 30 days. Such trends reflect persistent bearish sentiment, which may affect potential recovery in the near term.

Given the lack of significant bullish momentum and the continued downtrend in the longer time frames, traders should exercise caution. The current price level does not present a strong buying opportunity, and with bearish indicators dominating the landscape, a Hold rating is advisable until further bullish signals emerge.