Jupiter Price Eyes $0.498 Target After Recent Bullish Recovery

• Jupiter recovers from the $0.426 support level, which shows renewed buying interest.
• Technicals suggest a break above $0.464 will reach the $0.498 target.
• Consolidation within $0.430 and $0.430–$0.440 suggests a forthcoming directional move.

Jupiter (JUP), currently trading at $0.4459, has experienced a week of mixed sentiment, with price action reflecting both downside pressure and emerging signs of recovery.

The 24-hour volume for the altcoin is $38.53 million, with a market capitalization of $1.33 billion. While Jupiter (JUP) rebounded 2.4 in the day, still posting a loss for the week at 1.88%, Jupiter’s trajectory highlights renewed interest among speculators after losses earlier in the week.

The 7-day pattern reveals a market in volatile action. The week had started with aggressive selling pushing the asset to its support at $0.426.

This bearish stretch began to unwind when buying interest weakened the price progressively on July 2. A fast recovery then ensued, with JUP reaching as high as $0.475 before being countered with firm resistance.