- Jupiter price is showing a bullish sign, breaking above the 50-day exponential moving average.
- JUP bulls are trying to break the $0.66713 level, indicating buyers presence.
In the past eight months, Jupiter has gone through a lot, showing great strength after dropping to levels where it was severely oversold. The charts for JUP suggest that a reversal in trend is likely and that bullish momentum is building up.
From October 2024 to early 2025, Jupiter fell from around $1.50 to just $0.40, a decline of 73%. The massive selloff pushed the altcoin to reach oversold levels, as per key technical indicators. In March, the RSI reached a low of around 30, which suggests that the JUP price was extremely oversold and could soon rebound.
The recent trend in JUP prices suggests the bottom may have been reached. After falling to $0.30293 in April, Jupiter is now showing signs that it is recovering. After dropping below $0.50, the coin has risen again and is now being traded at $0.52459, which suggests buyers are returning.
What’s Next In Jupiter (JUP) Price?
Source: Tradingview
The exponential moving average analysis shows an important technical change as the price is trying to rise above the 200-day EMA at $0.66716. Even so, the longer-term averages are still strong barriers for any real momentum shift.
The indicator has moved out of the zone where it was deeply negative. The histogram is starting to narrow, and the MACD line is now above the signal line. If this trend continues, it could indicate that the market is starting to turn bullish. The Social Sentiment indicator has been volatile, showing that market opinions on the JUP price movement are uncertain.
Resistance is seen at $0.66716 (200-day EMA) and $1.00, and support is found at 0.30293. Since the RSI is 57.19, the pair has moved away from oversold territory, but is still below overbought levels, so it may move higher. It is important for traders to watch if Jupiter continues to move above the 200-day EMA to confirm the start of a major reversal pattern.
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