JasmyCoin has found itself in a precarious position after being placed in Binance’s Monitoring Zone. No official reason was given for this decision, but it has led to a community vote proposal about potentially delisting the token.
This has sparked intense debates about JASMY future and Binance’s policies. Binance hasn’t clarified its specific criteria for JASMY monitoring status, whether related to liquidity, compliance, or other factors.
Jasmy-MGT recently addressed these concerns on X. They argued that delisting decisions should be based on actual market performance and community strength, not just votes. The team is encouraging all JASMY holders to participate in the voting process to keep the token listed on one of crypto’s largest exchanges.
About Delisting on Binance
— Jasmy-MGT (@JasmyMGT) March 26, 2025
Decisions should be based on real market performance & community strength, not just votes. We urge all #JasmyCoin holders to stand up & vote!
Should Jasmy be delisted from Binance?
🗳️https://t.co/GFVg4WmYGB
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How JASMY Price Could See Its Next 24x Spike
Despite these challenges, some analysts remain optimistic about JASMY price potential. CryptoELITES shared a technical analysis suggesting JASMY could experience a major price increase. They noted that investors have been buying the dip, and the price appears to be trending upward.
Their analysis spots what looks like a macro cup and handle pattern on JASMY’s chart. This bullish reversal pattern started with the long downtrend from 2021 to 2023, followed by a rounded bottom. A brief rally in mid-to-late 2024 created the cup portion. The current correction in early 2025 appears to be forming the handle part, which typically comes before a major breakout.
JASMY currently trades at around $0.013. The analysis identifies several key price targets: $0.09 as the first major resistance, $0.18 as a mid-range target, and ultimately $0.31 as the final target. Reaching this final target would represent a 24x return from current prices—an impressive 2,419.54% gain.
From a technical standpoint, the analysis highlights a support zone around $0.0105 where the price recently bounced. JASMY is approaching a long-standing downtrend resistance line, and breaking above this would likely confirm the bullish reversal thesis. The mention that “the dip has been bought” suggests significant buying at support levels.
The chart shows a rounded arc under the price from 2022 to 2025, indicating a base formation. Arrows and curved lines illustrate the expected upward movement, with text highlighting potential gains and target levels.
Read Also: JasmyCoin (JASMY) Price to Dip Further as 12-Month Support Turns into Resistance
However, investors should consider some important caveats to this bullish outlook. For a cup and handle pattern to complete properly, JASMY price needs to break above the handle’s resistance, roughly in the $0.025-$0.035 range.
Broader market conditions, Bitcoin’s movement, and economic factors will also significantly impact JASMY’s price. The projection to $0.31 is very ambitious, and investors should manage their expectations and risk accordingly.
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