🚨JUP/USDT Chart Analysis & Price Prediction 🚀
📊 JUP on a Bullish Ride!
JUP/USDT is currently trading at $0.9651, up +4.38%, after reaching a high of $1.0303. The price is holding above the middle Bollinger band, signaling continued bullish strength. The upper band is near $1.0117, which can act as a near-term resistance zone.
📈 RSI Trending Upward
The RSI(12) at 65.40 shows that JUP is pushing toward the overbought zone, but it’s still in a healthy bullish range. This suggests there might still be room for further upside before any consolidation occurs.
📉 MACD Flashes Caution
The MACD indicator shows a narrowing spread between the DIF and DEA lines (DIF: 0.0337, DEA: 0.0287), indicating that the bullish momentum might be slowing down. While the trend is positive, keep an eye on this signal for any potential pullback.
💹 Volume Surge Signals Interest!
There’s a clear increase in volume in the last few sessions, showing growing interest from the market. With JUP consistently maintaining its gains, buyers are clearly stepping in, especially during the recent price surge above $1.
🔮 Price Prediction: Uptrend Still in Play?
As long as JUP/USDT stays above the $0.9127 support level, it’s likely to retest the recent high of $1.03. If the bulls can push through, the next target could be around $1.05 to $1.10. Key support levels are near $0.91 and $0.87 for any potential retracement.
JUP remains strong, eyeing a potential break beyond $1! 🌟
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