Jupiter (JUP) Price Makes Bullish Close Above Key Level, but One More Resistance Could Disrupt Rally

November 11, 2024

Jupiter Price Surges with Explosive Volumes – Can JUP Hit $1.75 Soon?

Jupiter’s (JUP) price has achieved a bullish weekly close above a key level, indicating positive momentum for Jupiter. As noted by Rekt Capital, the highlighted red area is beginning to demonstrate initial signs of support.

If this support continues to hold, it could create a foundation to reclaim the resistance level at $1.29 (marked in black).

Forming a solid base in the red region is essential for JUP price to continue its upward trajectory. We need to see a break above the $1.29 level next, which could set the stage for a major rally in Jupiter’s price.

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