Apple Partnership Sparks 20% Surge in JasmyCoin Price: Will It Hit $1 by August?

Key Takeaways:

• Significant Price Surge: JasmyCoin price experienced a remarkable 20% increase in the last 24 hours, driven by positive news about its collaboration with Apple.
• Partnership with Apple: Jasmy’s technology facilitated the integration of Japan’s My Number Card into iPhones, which played a crucial role in the recent price spike.
• Bullish Chart Patterns: JasmyCoin broke through a critical resistance level and bullish flag pattern, indicating the potential for further upward movement.
• Increased Trading Volume: JasmyCoin’s 24-hour trading volume surged by 270%, reflecting strong investor interest and bullish market sentiment.
• Optimistic Price Predictions: Analysts and traders are optimistic about JasmyCoin’s future, with some predicting it could reach $0.04 in the short term and potentially $10 or higher in the long term.

In a significant development for the crypto market, JasmyCoin price has seen a substantial surge, rising over 20% in the last 24 hours and more than 60% in the past two weeks. This bullish momentum is attributed to the recent announcement of a collaboration between Jasmy and Apple, leveraging Japan’s My Number Card integration into iPhones, which is set to launch next spring.

JASMY/USD | Source: TradingView

The partnership between Jasmy and Apple marks a pivotal moment for JasmyCoin, driving its price to new heights. The My Number Card, Japan’s personal identification number system, will be incorporated into iPhones, effectively bringing JASMY technology onto the Apple platform. This integration has not only caught the attention of traders but has also catalyzed a remarkable price spike for JasmyCoin.

Breaking the bullish flag pattern on its daily chart, JASMY’s price has surpassed key resistance levels, signaling a robust upward trajectory. Following the news of the Apple partnership, JASMY’s price surged from $0.026 to $0.031. This 21% increase within a single day has positioned JASMY as a noteworthy player in the crypto market.

The altcoin, often called the “Bitcoin of Japan,” currently boasts a market cap of $1,542,906,357 and a 24-hour trading volume of $508,065,487. The trading volume alone has surged by 270%, underscoring the bullish sentiment surrounding JasmyCoin price. The positive price correction has been well-received by the JASMY community, with many traders and analysts predicting further price increases. The absence of negative divergence in the price chart suggests that JASMY could continue its upward momentum, potentially breaking past the $0.04 mark in the near future.

One of the key factors contributing to JasmyCoin’s resilience and growth is the unwavering support from its active community. Before the announcement of the Apple partnership, there were high expectations for JASMY, with many predicting it could reach $5, close to its previous all-time high (ATH) of $4.99. With the latest developments, these predictions have been revised, with some enthusiasts speculating that JASMY could soar to $10 or higher during the next bullish phase in the crypto market.

The bullish trend for JasmyCoin over the past two weeks highlights its potential for significant growth. As the crypto market continues to evolve and new partnerships and integrations emerge, the price trajectory of JASMY remains a focal point for traders and investors alike. The recent collaboration with Apple not only enhances the utility and adoption of JasmyCoin but also positions it favorably in the competitive landscape of cryptos.

Thus, JasmyCoin price’s recent surge following the Apple collaboration is a testament to its potential and growing relevance in the crypto space. With a robust community, strategic partnerships, and favorable technical indicators, JASMY is well-positioned for continued growth. As the market awaits further developments and announcements, all eyes are on JasmyCoin price to see if it can achieve the ambitious $1 target by August. For investors and traders, staying informed and vigilant will be key to navigating the dynamic and exciting journey of JasmyCoin.

Source: cryptonewsland