JASMYUSD question about the people currently selling JASMY relentlessly: does anyone have any idea what price they acquired it at? I just do not understand where these people got the JASMY they’re selling for what must be a loss. I mean the thing cannot post a single green candle on any timeframe that does not get sold off immediately, as if they were just waiting for someone to try to increase the price. I must be an idiot because I just do not get it. This goes for all these low market cap coins, including XYOUSD and AMPUSD . Anyone who may understand want to be charitable and fill me in on what i apparently cannot myself glean? With BTCUSD holding steady above $100,000, it just makes next to no sense to me that nothing else can increase in value.
AMPUSD is at a critical juncture! The daily chart shows the price trading near a key accumulation zone between $0.0054-$0.0066, offering potential opportunities, however, downside risks still loom. Let’s break it down:
Bullish Case 📈 Accumulation Zone: Historical support at $0.0054-$0.0066 suggests this is a possible area where buyers step in for accumulation. Ascending Channel Support: The broader structure shows higher lows, with a chance to rebound toward $0.0145, the channel’s upper resistance. Rounded Bottom Patterns: Similar formations have triggered rallies in the past.
Bearish Case 📉 Key Support at Risk: A breakdown below $0.0054 could push the price toward $0.045, a long-term support level. Weak Volume: Recent price action lacks strong buying interest, raising concerns about momentum. Descending Resistance: Without breaking above $0.0070, the bearish trend may persist. Key Levels to Watch: Support: $0.0054-$0.0066 (Critical zone), $0.0045 (Deeper support). Resistance: $0.0070 (Breakout level), $0.0145 (Upper channel).
🚨 Conclusion: AMPUSD is in a key accumulation zone, but a breakdown could lead to significant downside. A breakout above $0.0075 would signal bullish momentum. Are you accumulating at these levels or waiting for confirmation?
BTC.D As once wise man says "were all here to make money", i see one of yall buy trash like DOGE and AMPUSD then got bleeding. Would you help to buy and gambling it too, so we can make money together? 👀