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jup

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Jupiter price jumps 50% in a month, can it break $0.40 in October?Jupiter price has gained more than 50% over the past month, but resistance near $0.38–$0.40 stands between its recent recovery and a further October advance. MetaMask’s Oct. 8 market data put Jupiter at $0.3673, up approximately 51.37% from $0.2427 a month earlier. The same snapshot recorded a market capitalization near $1.22 billion and roughly $179.69 million in 24-hour trading volume. TradingView’s $JUP /USDT daily chart showed a similar price near $0.3691 later that day, with a session high of $0.3881. The move brought Jupiter close to $0.40 after a recovery from its September lows. Daily moving averages support the recovery TradingView’s daily chart placed Jupiter above four simple moving averages: the 20-day at $0.3274, the 50-day at $0.2669, the 100-day at $0.2316 and the 200-day at $0.2087. The averages were also ordered from the shortest to the longest, with the 20-day above the 50-day, followed by the 100-day and 200-day. That arrangement is consistent with the upward trend visible in the recent daily price structure. The closest moving-average reference is $0.3274, around 11.3% below the chart price. It sits within the $0.32–$0.33 area where JUP traded repeatedly during its recent consolidation. TradingView’s daily relative strength index stood at 68.88, above its displayed average of 65.32. The reading remained below the conventional 70 overbought threshold, although it was close enough to make momentum a key part of the next resistance test. A further price advance accompanied by a stronger RSI would extend the current momentum. Conversely, a lower RSI reading during another attempt at $0.38–$0.40 would weaken the momentum support for that attempt. Below the nearest moving average, $0.30 is another visible reference on the daily chart and CoinGlass price trace. A deeper retreat would bring the 50-day average near $0.267 into view. Weekly momentum strengthens as liquidation bands gather overhead TradingView’s weekly chart showed JUP near $0.3692, above the upper Bollinger Band at $0.3577. The indicator’s middle band, based on a 20-week simple moving average, stood at $0.2316, while the lower band was $0.1055. Price above the upper band reflects how far the recent advance has stretched beyond its weekly average. A sustained move there would extend the strength visible in the rally; a retreat below $0.3577 would place Jupiter back inside the bands. The weekly average directional index reached 29.43 and had risen from its recent trough. An ADX reading above 25 commonly indicates an established trend, although the indicator measures strength rather than direction. #JUP

Jupiter price jumps 50% in a month, can it break $0.40 in October?

Jupiter price has gained more than 50% over the past month, but resistance near $0.38–$0.40 stands between its recent recovery and a further October advance.
MetaMask’s Oct. 8 market data put Jupiter at $0.3673, up approximately 51.37% from $0.2427 a month earlier. The same snapshot recorded a market capitalization near $1.22 billion and roughly $179.69 million in 24-hour trading volume.
TradingView’s $JUP /USDT daily chart showed a similar price near $0.3691 later that day, with a session high of $0.3881. The move brought Jupiter close to $0.40 after a recovery from its September lows.
Daily moving averages support the recovery
TradingView’s daily chart placed Jupiter above four simple moving averages: the 20-day at $0.3274, the 50-day at $0.2669, the 100-day at $0.2316 and the 200-day at $0.2087.
The averages were also ordered from the shortest to the longest, with the 20-day above the 50-day, followed by the 100-day and 200-day. That arrangement is consistent with the upward trend visible in the recent daily price structure.
The closest moving-average reference is $0.3274, around 11.3% below the chart price. It sits within the $0.32–$0.33 area where JUP traded repeatedly during its recent consolidation.
TradingView’s daily relative strength index stood at 68.88, above its displayed average of 65.32. The reading remained below the conventional 70 overbought threshold, although it was close enough to make momentum a key part of the next resistance test.
A further price advance accompanied by a stronger RSI would extend the current momentum. Conversely, a lower RSI reading during another attempt at $0.38–$0.40 would weaken the momentum support for that attempt.
Below the nearest moving average, $0.30 is another visible reference on the daily chart and CoinGlass price trace. A deeper retreat would bring the 50-day average near $0.267 into view.
Weekly momentum strengthens as liquidation bands gather overhead
TradingView’s weekly chart showed JUP near $0.3692, above the upper Bollinger Band at $0.3577. The indicator’s middle band, based on a 20-week simple moving average, stood at $0.2316, while the lower band was $0.1055.
Price above the upper band reflects how far the recent advance has stretched beyond its weekly average. A sustained move there would extend the strength visible in the rally; a retreat below $0.3577 would place Jupiter back inside the bands.
The weekly average directional index reached 29.43 and had risen from its recent trough. An ADX reading above 25 commonly indicates an established trend, although the indicator measures strength rather than direction.
#JUP

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Jupiter price jumps 50% in a month, can it break $0.40 in October?

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