We asked AI to predict Jasmycoin (Jasmy) price during May

After a difficult start until 2024, Jasmycoin has shown strength. In March, the price of Jasmy broke down for a long -term support zone that had lasted over a year.

This decay triggered a nearly 40% decline, especially the rumors that Binance could leave the badge. The price dropped sharply, falling below $ 0.013 and $ 0.016. But then came back.

From April 7 to April 30, the price of Jasmycoin bounced back, receiving about 100%. During this post it trades about $ 0.016. Jasmy was able to recover the lost support level. It simply did not agree. It tested it successfully and started moving higher.

This breakthrough also coincided with Jasmycoin escaped for a long time descending wedge patternOne that was resistance since December.

Simply put, this pattern break can be a strong sign that may be a bullish, especially if Bitcoin continues its rally. In April alone, Bitcoin jumped about 26%, climbing from $ 74,000 to $ 94,000. This BTC jump helped to raise the overall market, especially altcoins like Jasmycoin.

Now is the big question, what will happen to Jasmy next in May?

We asked Conversation It is considered, taking into account different market conditions. Ai gave us three scenarios: the caracas, realistic and optimistic. Both have specific price ranges and reasons that can lead to these results.

Bearish Jasmycoin price scenario in May: 0.012-0.014 dollars

Chatgpt says this result can play out if Jasmycoin is unable to over $ 0.016. In this case, the breakthrough turns out to be falsified and the sellers could return the price to the lowest in March.

One of the biggest risks here is Bitcoin. If the BTC sees a sudden correction and falls below $ 85,000, the fear may return to the market. The price of Jasmycoin would probably also suffer.

Other negative factors include weak volume, negative news, such as listing of speculation or low developer activity, and the general absence of the investor's interests. When they align, Jasmy can slip up to $ 0.012 to $ 0.014.

Realistic Jasmycoin Price Scenario: $ 0.019 to $ 0.023

Jasmycoin could move forward in May, just not too fast. If Bitcoin remains stable between $ 94,000 to $ 100,000 and altcoins remains relatively strong, Jasmy can find his base over $ 0.016.

According to AI, the key here is the momentum. If Jasmycoin continues the higher lowest and larger trading volumes, we could see a gradual impetus of $ 0.020 or even $ 0.023.

This scenario assumes that there is no big news, but it generally stays healthy in the cryptocurrency market.

Optimistic Jasmycoin price forecast: $ 0.025-035

If Bitcoin breaks more than $ 100,000 in May, it can cause a wave of Altcoins. Jasmycoin could be one of the great beneficiaries. With this bullish scenario, Jasmy could ride a new leap and attention with a wave, especially with low capital Altcoin, behind a breakthrough.

Read also: Analyst you notice games modifying partnerships for Jasmycoin: predicts a big upside down

According to Chatgpt, other drivers of this move may include new partnerships in the Internet or AI space, a positive ecosystem updates or even a significant exchange list. Add the point of retail and the fom and the price of Jasmy can range from $ 0.025 to $ 0.035. This can potentially triple triple the lowest in April.

The price forecast of Jasmycoin can really depend on two things: Bitcoin's next move and whether Jasmy can have its recent breakthrough. Although $ 0.035 may seem aggressive, it is not a question of whether market conditions are becoming extremely bullshit. On the other hand, as the pulse fades, there is still a risk of falling back to the lower armchair. In both cases, May is becoming a big month for Jasmycoin.

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