Key Bitcoin Levels for Intraday Trading

The BTC/USDT pair gained 2.02% in the last 24 hours, currently trading at $101,417. Bitcoin (BTC) broke the previously highlighted resistance level of $100,998, marking a solid upward movement. To continue this trend, BTC needs to close above the resistance at $103,608. Key support levels are located at $100,998 and $99,304.

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Ethereum (ETH): The ETH/USDT pair dropped 0.02% in the past 24 hours and is currently trading at $3,370. Resistance levels for ETH are at $3,440, followed by $3,535. Support zones can be found at $3,290 and $3,217.

VeChain (VET): The VET/USDT pair surged by 17.40% over the last 24 hours and is now trading at $0.05684. Key resistance levels are at $0.05730 and $0.06069, while support zones are $0.05435 and, in case of further decline, $0.05046.

Decentraland (MANA): The MANA/USDT pair climbed by 8.50% in the past 24 hours, currently trading at $0.5697. Resistance levels for MANA are at $0.5703, followed by $0.6186. Support zones are $0.5325 and $0.5100 if the decline deepens.

JasmyCoin (JASMY): The JASMY/USDT pair rose 1.20% in the past 24 hours, trading at $0.03254. Resistance levels are at $0.03443 and $0.03794, while support zones are $0.03052 and $0.02795 if further corrections occur.

Trending Coins

The top trending coins over the last 24 hours include MAX (MAX), XRP (XRP), and AIXBT by Virtuals (AIXBT). The biggest gainers are MEOW (MEOW), Morpho (MORPHO), and Amp (AMP), while the largest losers are AI Rig Complex (ARC), AI16Z (AI16Z), and ChainGPT (CGPT).

Bitcoin Liquidation Map

Analyzing the 12-hour liquidation map for Bitcoin, we see significant liquidation at the upper level of $102,948, amounting to $39.61 million. On the downside, the prominent level is $98,926, with a liquidation amount of $48.85 million.

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Key Bitcoin Levels for the Day

The BTC/USDT pair has gained 5.01% in the last 24 hours and is currently trading at $98,598. Previously mentioned $92,503 support proved critical, as Bitcoin (BTC) bounced strongly from this level, triggering a significant uptrend. If BTC continues to rise, the next resistance is at $99,304. Key support levels are $97,362 and $94,703.

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Ethereum (ETH): The ETH/USDT pair gained 4.42% in the past 24 hours and is now trading at $3,506. Resistance levels for ETH are $3,535 followed by $3,646, while support levels are at $3,440 and $3,290.

Fartcoin (FARTCOIN): The FARTCOIN/USDT pair skyrocketed by 36.04% in the last 24 hours, now trading at $1.18. Resistance levels for FARTCOIN are $1.30 and then $1.34. On the downside, support lies at $1.06 and, if the decline deepens, $0.94.

Movement (MOVE): The MOVE/USDT pair surged 24.07% over the past 24 hours and is currently trading at $1.03. Resistance levels for MOVE are at $1.11 and $1.41, while support levels are $0.99 and $0.877.

JasmyCoin (JASMY): The JASMY/USDT pair has gained 14.07% in the last 24 hours, trading at $0.04. Resistance levels for JASMY are $0.0405 and $0.0469, while support lies at $0.0379 and $0.0344 if the decline continues.

Trending Coins

The most trending coins in the market over the past 24 hours include RabBitcoin (RBTC), Sun Token (SUN), and Koma Inu (KOMA).

Among the top gainers are CoW Protocol (COW), Moca Coin (MOCA), and Fartcoin (FARTCOIN).

On the other hand, the biggest losers include Grass (GRASS), Goatseus Maximus (GOAT), and Peanut the Squirrel (PNUT).

Bitcoin Liquidation Map

The 12-hour Bitcoin liquidation map reveals significant liquidations at $99,969 on the upper side, totaling $21 million, and at $97,069 on the lower side, totaling $28 million.

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The post The Latest on Bitcoin and Cryptocurrencies: December 25 appeared first on Coin Engineer.

The Biggest Losers

JasmyCoin (JASMY): Once a popular altcoin, JASMY has seen a dramatic 31.20% decline in the past 24 hours. The coin has been particularly hard hit by futures market activity.

dogwifhat (WIF): This Solana-based memecoin has lost 30% of its value in the past day. The coin has been under significant selling pressure due to open interest and overall market sentiment.

Lido DAO (LDO): Despite the anticipated launch of spot ETH ETFs, LDO has experienced a sharp decline. With ETH losing over $2500, LDO has lost several support levels.

Brett (BRETT): As one of the most popular memecoins on the Base network, BRETT has been on a downward trend. The underperformance of the Base network compared to Solana and Ethereum has contributed to this decline.

Pepe (PEPE): Ethereum’s leading memecoin, PEPE, has continued to face selling pressure. The coin has lost 27.70% in the past 24 hours.

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In a Twitter statement, economist Zeberg said that the dollar’s loss of strength would bring new life to the cryptocurrency market.

The economist also stated that low bond yields in the US and the dollar’s appreciation against other fiat currencies have created an excellent environment for the rise of risk assets like cryptocurrencies.

Revealing the Altcoin

Zeberg, who is eyeing JasmyCoin (JASMY) to be included in the cryptocurrency rally, stated that the third wave is being experienced in crypto.

Zeberg stated that the next stage will come towards the summer as the dollar index (DXY) falls, and it will find support in the fall.

The economist also shared that JASMY could be as low as $0.3 for him, but he wants it to go higher.

Considering that JASMY is currently trading at around $0.02 according to CoinGecko data, the economist expects a minimum 15x performance.

The post Renowned Economist Reveals Bullish Conditions and Names Altcoin with “At Least” 15x Potential appeared first on Coin Engineer.

What is Jasmy?

Jasmy is a platform that offers a decentralized storage solution tailored to new virtual worlds, such as metaverses. Jasmy allows metaverses deployed on its network to access a direct gateway that allows them to exchange data.

That’s not all! Jasmy also gives users the ability to manage and monetize their data, choosing who they can share or sell it to. Thus, Jasmy aims to give users back control of their data, protecting them from the abuses of tech giants.

Jasmy was created in 2016 in Tokyo, but was not officially launched until 2021 on the Japanese subsidiary of BITPoint. Jasmy is managed by a team of experts, including:

• Kunitake Ando, CEO and co-founder of Jasmy, former Sony executive
• Kazumasa Sato, CTO and co-founder of Jasmy, former Sony executive
• Hara Hideo, Advisor to Jasmy, former chairman of Sony

The JasmyCoin (JASMY) token

The Jasmy token, called JasmyCoin or JASMY, is an ERC-20 token based on the Ethereum blockchain. It is used to power the Jasmy platform. It also plays a crucial role in building its ecosystem.

The JASMY token is compatible with IoT devices, allowing it to be transferred from one device to another. At the moment, it has a total supply of 10 billion tokens, of which 2.5 billion are in circulation.

JasmyCoin price evolution

The price of JASMY peaked on February 19, 2024, with a 28.76% increase against the overall crypto market which was up 1.7%. According to CoinMarketCap data, the JASMY token has increased by 77.96% in 7 days. It went from $0.00618 on February 14 to $0.011 on February 20.

At the time of writing, the JASMY crypto is trading at $0.01932.

This increase can be explained by several factors, including the listing of the token on Binance, the largest crypto exchange platform in the world, on February 20, 2024. The listing on Binance should indeed increase the liquidity and visibility of the JASMY token, as well as its demand.

Another factor that boosted the price of the JASMY token: the partnership with Line, the most popular social network in Japan. The latter has 80 million monthly users.

What is the future outlook for Jasmy?

The JASMY token has significant upside potential, given its current low market capitalization (around $20 million) and high demand.

The JASMY token could also benefit from the craze for metaverses, which are becoming increasingly popular in the crypto world. It could also benefit from the growing adoption of IoT, which is expected to represent a $1.6 trillion market by 2025 with a potential price increase to $0.0475.

The post JasmyCoin Price Prediction 2024: A Comprehensive Analysis appeared first on Coin Engineer.

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The investors and founder of JasmyCoin (JASMY)

Jasmy was created in 2016 by Kazumasa Sato, a former employee, in Sony company. In addition, it received 99 million dollars investment  in 2021 from investors. Some investors are Bitrise Capital, Chain Capital, CollinStar Holdings, and WXY.

Token Supply And Roadmap

Circulating supply of Jasmy that has not been presale so far is 4.75 billion. Maximum token supply is 50 billion $JASMY. Token distribution is as below:

• Ecosystem 48%
• Funders 27%
• Team 20%
• Community 5%

JasmyCoin which is in Platform popularization phase currently has four phase. In the first phase, they plan to work with Jasmy Initiative member companies by using core technologies SKC and SG. In Value Growth phase which is second one, the team aims to increase the number of companies and focus on different product for more expanding. Users can be encourage to be part of data ecosystem in the third phase (Ecosystem Expansion). The team strongly believe that they will interconnect people, goods and services in the fourth phase (Marketplace Expansion).

Which exchanges we can buy JasmyCoin (JASMY)?

Jasmy has been listed on Uniswap (V3) because it is an ERC-20 token. Besides, users can purchase from  Binance, Coinbase, Gate.io, KuCoin, Bitfinex ve ByBit.

You can also Sign up for Binance with 20% discount. 

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