Where Is JasmyCoin (JASMY) Price Headed This October?

JasmyCoin (JASMY) has been quietly building momentum both on the technical chart and within its ecosystem. With October underway, many might be in search of JASMY price prediction to know where it could be headed next.

The coming weeks are important for JasmyCoin. Several updates are lined up that could influence both sentiment and utility.

One of the most notable developments is the JASMY Chain testnet. It was launched recently and uses JasmyCoin as its native gas token. This upgrade is not just about speed but also about EVM compatibility, scalability, and positioning JASMY closer to a Layer 2 solution. In short, it makes the ecosystem more attractive to developers.

Another highlight is the expansion of node participation. JASMY will be usable to purchase JUNCTION decentralized network nodes. This move adds a layer of real-world utility and could encourage more decentralization, as node operators become a larger part of the network.

On the application side, the alpha version of “My Resume” is expected to launch in Q4 2025. This recruitment-focused platform, powered by JASMY, will give staffing agencies a tool that directly connects blockchain tech with everyday use. That means the token is no longer just for traders, but also plays a part in work and hiring.

Finally, the ecosystem is looking toward more partnerships, ranging from digital gift certificates to collaborations with businesses and government bodies in Japan. Each of these steps expands JASMY’s presence and hints at stronger adoption.

JASMY Price Outlook And Prediction

JasmyCoin price has been moving in a wedge pattern since April. The chart shows a clear structure: the upper line of the wedge has acted as resistance, while the lower line has provided strong support. Each time the price touched the top, it reversed downward, and each time it hit the bottom, it bounced back upward.

JASMY Price Chart

Right now, JASMY has bounced from the bottom of the wedge again. If history repeats itself, the next move could be a climb toward the upper part of the structure. That would mean a potential increase in the range of 30% to 40%. The chart suggests that the most realistic expectation this October is for JASMY price to continue within this wedge, testing higher resistance once more.

On a more bullish note, if momentum grows stronger and the wedge finally breaks to the upside, then price targets could shift to higher levels. A breakout could carry JASMY toward $0.02 and possibly $0.03, levels that would mark fresh multi-week highs. Some traders argue that October historically leans bullish, which adds weight to this possibility.

What The Indicators Say About JASMY Price

Looking closer at the CoinAnk chart, several technical indicators offer insight into how the market feels about JASMY right now.

The RSI is currently near 46, which places it in the neutral zone. This means JASMY is not overbought or oversold, giving it room to move higher without immediate selling pressure.

Indicators Reading from CoinAnk

The MACD shows the signal line crossing closely with the histogram just turning positive. This hints at a potential shift from bearish momentum into a possible bullish trend. If the green bars continue to build, it could confirm upward movement in the coming days.

The open interest to market cap ratio is sitting around 0.03. This is relatively low and suggests that speculation in derivatives is not overheated. In practical terms, it means fewer traders are overleveraged, leaving space for organic price movement.

Overall, these indicators line up with the idea that JASMY is leaning toward a positive reversal rather than a breakdown.

Read Also: How High Can Sonic (S) Price Go in October?

October could be an interesting month for JasmyCoin. The fundamentals are lining up with real-world applications, and the technical chart is showing a structure that has been reliable for months. While JASMY price is still within a wedge, the bounce from support suggests potential for another strong move toward the upper range. If momentum builds, a breakout could even carry the token to $0.02 or beyond.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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