Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks.
However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent correction, the token has climbed back to $1.06, currently facing resistance. A decisive break above this level could propel JUP towards $1.30.
However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent correction, the token has climbed back to $1.06, currently facing resistance. A decisive break above this level could propel JUP towards $1.30.
Note
Is Jupiter likely to break out from the resistance zone at $1.14 this time after two unsuccessful attempts?Note
Jupiter In coming $1.30 or pullback from here?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.