Top Crypto Gainers: JasmyCoin, Polygon, and Monero Continue Upward Trajectory

JasmyCoin (JASMY), Polygon (POL), and Monero (XMR) extended gains over the past 24 hours as the broader cryptocurrency market remains in a consolidation phase ahead of the US Supreme Court's upcoming ruling. JasmyCoin struggles to surpass its key psychological resistance, while Polygon and Monero continue their upward momentum. The technical outlook for these coins remains mixed, with traders closely watching for signs of a breakout.

JasmyCoin dipped nearly 2% at the time of writing, following a 15% surge the previous day. The coin faces a critical hurdle at the $0.01000 level, which has previously capped price action since early November. A successful breakthrough could push JASMY toward the $0.01100 supply zone.

Polygon extended its recovery for the ninth consecutive day, trading near $0.1400. The coin is approaching the 100-day Exponential Moving Average (EMA) at $0.1501, with technical indicators pointing to sustained buying pressure.

Why the Move Happened

JasmyCoin's price is being supported by strong technical indicators. The Relative Strength Index (RSI) is at 68, near overbought territory, while the Moving Average Convergence Divergence (MACD) shows an uptrend. These signals suggest continued bullish momentum for the token.

Polygon has also seen a steady increase in buyer interest. The RSI reading at 72 indicates an overbought condition, while the MACD bars remain positive and rising. This points to continued accumulation by traders and investors.

Monero's 1% gain at press time follows a 3% rise the previous day. The coin is approaching the $500 psychological level, which aligns with the December 20 high and R1 Pivot Point. A breakout above this level could signal a new phase of upward movement.

What Analysts Are Watching

Analysts are closely monitoring whether JasmyCoin can break above the $0.01000 barrier. A failure to do so could see the coin slip back toward the November 4 low at $0.00779.

For Polygon, the 100-day EMA at $0.1501 is seen as a key target if the coin can maintain its current momentum. A reversal from the $0.1400 level could lead to a retest of the 50-day EMA at $0.1270.

Monero's $500 level is considered a critical threshold. If the coin fails to push beyond this point, it could retreat toward the 50-day EMA at $418.

How Markets Responded

The broader cryptocurrency market remains in a state of consolidation. Ethereum, for instance, has stalled just below the $2,950–$3,000 range, with sellers capping short-term gains.

Meanwhile, institutional demand for XRP has remained strong, with XRP ETFs attracting $1.37 billion in cumulative inflows as of early 2026. This suggests that large players are quietly absorbing supply, potentially setting the stage for a larger breakout.

Exchange balances for XRP have also hit a multi-year low, indicating reduced sell-side liquidity. This tightening of supply has historically preceded strong price moves.

Standard Chartered analysts have projected that XRP could reach $8 in 2026 if institutional adoption continues at its current pace.

What Are Analysts Watching Next

Analysts are keeping a close eye on Ethereum's ability to break out of its corrective structure. A sustained move above $3,000 could signal the resumption of the longer-term uptrend.

Polygon's near-term performance is also under scrutiny, particularly its ability to reclaim the $0.42–$0.43 zone. A successful recovery would suggest the beginning of a broader rebound, with initial targets at $0.45 and eventual objectives in the $0.45–$0.52 range.

For Monero, traders are watching for confirmation of a breakout above the $500 level. A successful move would validate the coin's potential to reestablish itself as a key player in the privacy coin space.