Jupiter $JUP Price Analysis: Volatility Rises as Bulls Battle to Hold Gains
Jupiter (JUP) kicked off the previous weekend on a bearish note, with sellers dominating early sessions:
Friday: -6.56% to $0.358
Saturday: -5% to $0.358
Sunday: Dropped to $0.326, closed at $0.345 (-4%)
📈 Strong Midweek Rebound:
Monday: Surged 17%, reclaimed $0.40, closed at $0.404
Tuesday: Continued uptrend to $0.418
Wednesday: Slight pullback, -2% to $0.410
🔻 Late Week Volatility:
Thursday: Dropped 3.99% to $0.393 (below $0.40)
Friday: Recovered 3%, closed at $0.405
Saturday: Bullish surge of 11%, broke above 20-day SMA, hit $0.452
Sunday: Continued uptrend to $0.465
📉 This Week So Far:
Monday: Minor drop of 1.28% to $0.459
Current session: Down nearly 5%, trading around $0.437
🔍 Outlook: JUP shows signs of bullish interest, especially after reclaiming the 20-day SMA, but selling pressure remains active. Holding above $0.40 will be key for continued momentum.