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Crypto Express

01/26 07:57

Jupiter (JUP) Technical Analysis

Jupiter (JUP) Technical Analysis and Upcoming Levels 

According to expert technical analysis, the recent price surge has brought JUP to a strong resistance level at $1. Historically, this level has acted as a point of selling pressure. Since December 2024, JUP has reached this level twice, and each time, it experienced a price decline.

However, this time, the sentiment has shifted, and with the recent acquisition, there is a strong possibility that JUP could break through this resistance level.

Based on the recent price action, if JUP breaks through the resistance level and closes a daily candle above the $1.05 mark, there is a strong possibility it could surge by 37% to reach the $1.40 level.

On the positive side, with a Relative Strength Index (RSI) of 55, JUP still has enough room to continue its rally and reach the predicted target.JUPUSDT_2025-01-26_01-31-20-768x336.png

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