CandleFocus Jupiter (JUP) Climbs To 30-Day High, Bulls Eye More Gains
2024-10-24
Author: Content Editor
The native token of the Solana-based decentralized exchange Jupiter, JUP, has seen a surge in price, currently trading at $1.01 and increasing by 25% in the past month. Technical analysis suggests the possibility of an extended rally, with JUP's price staying above the Ichimoku Cloud and its Aroon Up Line at 100%, indicating a strong bullish trend and potential support levels. If buying pressure continues, JUP may break above resistance levels at $1.09 and $1.23, aiming for a six-month high of $1.38. However, profit-taking could lead to a drop towards support levels within the Ichimoku Cloud at $0.90 and $0.86, potentially tumbling to a low of $0.63.
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