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Cryptocurrencies Price Prediction: JasmyCoin, Pump.fun & Uniswap — Asian Wrap 12 August

Cryptocurrencies Price Prediction: JasmyCoin, Pump.fun & Uniswap — Asian Wrap 12 August
FXStreet TeamFXStreet TeamFXStreet

JasmyCoin Price Forecast: JASMY rebounds as whales accumulate, rises

JasmyCoin (JASMY) price recovers trading above $0.016 at the time of writing on Tuesday after a mild fall the previous day. On-chain and derivatives data support the bullish thesis, as certain whale wallets are accumulating JASMY tokens, and bullish bets reach the highest monthly level among traders, suggesting a rally on the horizon.

Crypto Gainers Today: PUMP eyes further recovery as BCH, CRO rally

PUMP edges higher by 5% at press time on Tuesday, extending the 10% gains from Monday. The meme coin launchpad token forms a rising wedge pattern on the 4-hour chart (shared below). A decisive close above the overhead trendline at $0.003776 would mark a bullish breakout of the wedge pattern, potentially extending the uptrend to the $0.005000 psychological level. 

UNI rises as Uniswap Foundation's DUNI proposal hints at fee switch unlock

Uniswap (UNI) saw a 3% gain on Monday following Uniswap Foundation's DUNI governance proposal, which aligns with the state of Wyoming's Decentralized Unincorporated Nonprofit Association (DUNA) Act. The proposal outlines the potential development of a legal governance framework for Uniswap under the Wyoming Act, while enabling the exchange to turn on revenue sharing with users.

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