$JUP /USDT Showing Upward Momentum After Testing Lows
Hey everyone,
Let's take a look at the $JUP /USDT chart! The current price of Jupiter is at $0.4695, showing a positive increase of +3.14% recently.
Looking at the last 24 hours, JUP ranged from a Low of $0.4306 to a High of $0.4738. The 24h Volume stands at 15.44M JUP, which is equivalent to 7.00M in USDT.
The chart shows a clear bounce back from the 24-hour low. We can see a series of green candles indicating buying pressure and an upward momentum. The price is currently trading just below the 24-hour high, suggesting that it might be testing this resistance level.
Traders will be watching to see if JUP can break above the $0.4738 resistance. If it does, we might see further bullish movement. On the downside, the $0.4306 level remains a key support to monitor.
Key points to observe:
Resistance: The 24-hour high of $0.4738 is the immediate resistance to watch.
Support: The 24-hour low of $0.4306 is the key support level.
Momentum: The current momentum appears to be bullish after the bounce from the low.
What are your thoughts on Jupiter's current movement? Do you anticipate it will break the recent high, or will we see some resistance and potential pullback? Share your analysis!
