Jupiter

Bitcoin

Coin

<ul class="news-points"> 
 <li>JUP’s price action shows a classic ‘trough and peak’ pattern amid the Bitcoin bull run.</li> 
 <li>Jupiter-WEN alliance spurs market interest, JUP hits $1.034 ATH.</li> 
 <li>The JUP/USD shows potential bullish signals on MACD and stochastic RSI.</li> 
</ul> 
In a notable uptrend, the <a href="https://coinedition.com/xrp-etp-blocked-in-jupiters-ucits-fund-due-to-irish-regulations/" target="_blank" rel="noreferrer noopener">Jupiter (JUP)</a> market has experienced significant activity over the past week, with prices oscillating between $1.034 and $0.7163. This movement coincides with a Bitcoin bull run, marking new all-time highs and hence prompting a surge in JUP demand. The cryptocurrency opened at $0.9597, only to see a sell-off pushing it to a daily low of $0.8753. Despite this, a strong rebound was observed, propelling JUP to a high of $1.034 within the same day. 
This price action illustrates a classic ‘trough and peak’ pattern, indicating that JUP found solid support at its lowest point, encouraging a wave of buying before resistance at the peak tempered its ascent. This dynamic between buyers and sellers points to continued volatility in the JUP market. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/bgwvMr5pu1pTxEOFIIxfWk27Ki-ZLGKPHJ1DjdIDjgoJbpfbM9MUrQuGUYFdA5TL6xmoMO84OHIKB6ujVF4R_Vk7sR2d6s0x09uTq99QYxvEVNZbZpunxESyGQu2hE9nMtynrq1wWEu4nhZhrgwm-LA" alt="">
 <figcaption class="wp-element-caption">
 JUP/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/jupiter-exchange-solana/" target="_blank" rel="nofollow">Coinstats</a>)
 </figcaption>
</figure> 
At press time, however, <a href="https://coinedition.com/jupiter-jup-price-prediction/" target="_blank" rel="noreferrer noopener">JUP’s price</a> stands at $0.9179, reflect…
The post <a href="https://coinedition.com/jupiter-jup-dips-after-hitting-ath-bullish-continuation-next/">Jupiter (JUP) Dips After Hitting ATH: Bullish Continuation Next?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Jupiter (JUP) Dips After Hitting ATH: Bullish Continuation Next?

Coin Edition

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