Investors Eye Bullish Cues as JASMY and CRO Test Key Levels

The recent market activity surrounding Jasmycoin (JASMY) and Cronos (CRO) has shown potential for upward movements, according to a detailed analysis of harmonic patterns in their price structures. Jasmycoin, with a current market capitalization of $1.50 billion and a price of $0.03, is ranked 63rd among all known cryptocurrencies, reflecting its significant but not dominant position in the market. The token has seen a 24-hour trading volume of $184.19 million, with a slight downward trend of -0.45% recorded over the last 24 hours. This data highlights the token’s liquidity and the level of investor interest in the asset.

Cronos, the native token of the Crypto.com chain, is currently trading at $0.1239, with a market capitalization of $2.54 billion and a circulating supply of 31.12 billion CRO tokens. Over the past 24 hours, it experienced a 2.04% increase, driven by renewed buying pressure following a successful rebound from its $0.119 support level. This rebound has formed a higher low, reinforcing bullish momentum and indicating strong buyer interest in the token. The price has been testing key resistance levels, particularly $0.1257, and remains above the critical $0.123 support level on the 4-hour chart.

Analysts have pointed to the technical structure of CRO as a positive indicator for future price movements. The token has demonstrated a series of higher lows and has shown resilience near key support levels, suggesting that the market is accumulating the asset during pullbacks. The 1-day price chart reveals a strong rebound from $0.119 and a subsequent consolidation near $0.1241, where $0.1257 is now acting as a key ceiling. Should the price break above this resistance with increased volume, it could extend its upward trajectory toward the $0.128–$0.13 range.

Further analysis of CRO’s technical indicators reveals that both daily simple moving averages (SMA) and exponential moving averages (EMA) are positioned below the current price, indicating a potential reversal in the downward trend. The RSI is trending upward in the 60–65 range, signaling healthy bullish momentum without indicating overbought conditions. This suggests that the market is in an early-stage recovery trend, with increased buying activity observed during dips to the $0.120–$0.121 range.

The broader context for Cronos is also favorable, as the token is actively used within the Cronos chain ecosystem to support decentralized applications, DeFi, and cross-chain functionality. Its integration with major wallets and networks like Ethereum and Solana adds to its utility and appeal. Looking ahead, experts predict that CRO could reach $0.1076 by the end of 2025, $0.3652 by 2028, and potentially $1.14 by 2031, driven by the expansion of DeFi, NFT integrations, and strategic partnerships. These long-term projections are based on the token’s current technical setup and the broader growth of the crypto market.

Jasmycoin, while not as prominent as Cronos, is also showing signs of potential upward movement. The token’s focus on IoT platforms and data sovereignty through decentralized technologies like IPFS is positioning it as a unique player in the blockchain space. Although the price of JASMY has seen a recent dip of -15.43% over the past week, the 24-hour increase of 1.41% suggests that the market is beginning to stabilize. Analysts remain cautious, however, as the long-term trajectory of JASMY will depend on factors such as regulatory developments in Europe, Bitcoin’s performance, and broader market sentiment.

In conclusion, both Jasmycoin and Cronos are exhibiting technical patterns that suggest potential upside movements. Investors and traders are advised to monitor key resistance and support levels, as well as broader market trends, to make informed decisions. The current data-driven analysis underscores the importance of staying attuned to both short-term volatility and long-term strategic developments in the crypto market.

Source: [1] JasmyCoin Price (JASMY), Market Cap, Price Today & ... (https://blockworks.co/price/jasmy) [2] Pre-purchase Cronos - The New Dawn (https://store.steampowered.com/app/2101960/Cronos_The_New_Dawn/) [3] CRO price prediction 2025, 2026, 2027-2031 (https://www.cryptopolitan.com/cro-price-prediction/) [4] JASMY Price Today (with Real Time chart) (https://bit2me.com/price/jasmycoin) [5] Price Prediction (https://coincub.com/category/price-prediction/page/5/)