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In the past 24 hours, the price of JasmyCoin has increased by 25% to $0.0311, and the trading volume has surged by 410% to $577 million. This happened after Japan announced that it would install its My Number card feature on the iPhone next spring. Investors saw this as positive for the community and believed that Japan's Bitcoin JASMY is expected to come to Apple's iPhone. However, there has been no confirmation from Apple, JasmyCoin or Japan.
In the past, JASMY has been associated with Japan’s My Number Card itrust certification service, and its integration will make it possible to use blockchain technology for authentication and encryption.
Following the news of the Apple collaboration, JASMY was able to break through the $0.024 support level and rise to the $0.032 resistance level, according to data from GeckoTerminal.
JASMY is trading well above the 50-day and 200-day simple moving averages (SMAs), confirming the bullish outlook. These two SMAs also act as major support levels at $0.024 and $0.020.
Moreover, the relative strength index (RSI) is trading around 68, close to the 70 overbought zone, indicating strong buying pressure.
The moving average convergence divergence (MACD) also supports the bullish sentiment, with the blue MACD line crossing above the orange signal line, indicating a bullish crossover. This crossover encourages retail investors to add to their positions, which could push JASMY above the $0.032 resistance area.
The green bars on the histogram also extend elegantly above the neutral line, showing that JASMY has positive momentum.
JasmyCoin price bullish momentum is stronger, with bulls using the $0.024 support area to push the price higher. JASMY bulls are expected to break the $0.032 resistance level, which may push JASMY to the next resistance level of about $0.0633.
In the opposite scenario, the bears might start taking profits from the recent rise and push the price of JASMY to the next support at $0.020, which is in line with the 200-day SMA.
As JASMY’s price surges, other investors are also betting big on a “learn to earn” project called 99Bitcoins, which has raised more than $1.7 million in a presale.
99Bitcoins is an educational platform with over 2 million registered users and a YouTube channel with over 700,000 subscribers. Since its launch in 2013, the project has been primarily focused on providing guides on trading, wallets, and earning cryptocurrencies. However, it has changed significantly since then.
With the introduction of the ICO of 99BTC tokens, the project will introduce an innovative Learn to Earn (L2E) model that gamifies cryptocurrency education by allowing token holders to solve challenges and complete courses, and be rewarded with $99BTC tokens.
99Bitcoins also plans to integrate its token into the Bitcoin network using the BRC-20 token standard.
Token holders can also stake their tokens to earn an astonishing 944% annual interest rate.
Jacob Bury, a well-known cryptocurrency analyst and YouTuber, said that a $1,000 investment could turn into $10,000 after the launch of the 99Bitcoins token.
You can buy 99BTC tokens for $0.00107 each. With less than four days until the price increase, buy soon to lock in the best deal.
To participate in the presale, please purchase $99BTC using ETH, USDT or bank card on the official website.
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Proven audits
Well-known brand established in 2013
Free Airdrop - Win a share of $99,999
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700,000+ YouTube community
Visit Presale
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