JASMY’s Partnership with Apple Sparks Bullish Wave: What’s Next?

JasmyCoin (JASMY) is set to make its debut on Apple iPhones next spring. This significant news was confirmed by the Prime Minister of Japan, who held a video conference with Tim Cook, the CEO of Apple. During this discussion, it was revealed that the My Number Card function will be integrated into iPhones, marking a pivotal moment for digital identity and cryptocurrency integration in Japan.

The integration of JASMY with the My Number Card and CyberTrust Japan is set to enhance security and transparency through blockchain technology. This collaboration underscores the growing recognition of JASMY, positioning it as a key player in Japan’s digital landscape.

JASMY’s Price Action

JASMY has seen a notable bullish trend, with a price spike of over 30% earlier this year and another 30% increase in the past two weeks. The latest news has further fueled bullish sentiment among analysts, including Henrik Zeberg. 

The price chart analysis of JasmyCoin/Tether (JASMY/USDT) reveals a bullish continuation pattern known as a bull flag. This pattern indicates a sharp upward movement followed by a consolidation phase within a channel, suggesting a likely upward breakout.

The recent price action confirms this bullish outlook. The price has broken out above the upper boundary of the bull flag, marking a significant resistance level at approximately $0.024820. 

After this breakout, the price successfully retested this level, confirming its new role as a support level. The immediate support levels to watch are at $0.024820, $0.020501, and $0.014737, with the latter coinciding with the 1.0 Fibonacci extension level.

On the resistance side, the price is approaching the 1.618 Fibonacci extension level at $0.027486. A strong close above this level would confirm the bullish trend, potentially targeting higher Fibonacci extension levels at $0.036850 and $0.049405. As of the latest data, JasmyCoin was trading at $0.031566, with a 24-hour trading volume of $534,335,496, up 24.19% in the last 24 hours.