- Jupiter price surged by almost 12% in the last 24 hours, suggesting bullishness.
- JUP daily trading volume has surged by 275% indicating increased buying interest.
Jupiter (JUP) has made a spectacular recovery, breaking strongly above its 50-day and 200-day exponential moving averages in a bullish technical development that is an indication of a possible trend reversal. The altcoin has rallied 12% based on CoinMarketCap data, and with an intraday trading volume of 275%, it shows that there is a high level of institutional and retail interest in this Solana-based decentralized exchange aggregator.
The price action indicates that JUP has managed to recover the important 200-day EMA at $0.58354, which is now acting as immediate support after being resistance. This is a psychological resistance that bulls have successfully broken, and it is an indication that the downward trend that has been prevailing in the first half of 2025 might be turning around. The lower support is offered by the 50-day EMA at $0.48852, which forms a strong base of further upward movement.
The technical momentum indicators are all bullish with the MACD showing positive divergence and the RSI rising into positive territory at 76.55 but near overbought levels. The MACD histogram indicates that the green bars are growing, which means that the bullish momentum is gaining, and the signal line crossover proves the trend change. Nevertheless, the traders are advised to keep a close eye on the RSI because the values that exceed 70 tend to be followed by short-term corrections.
What’s Next in Jupiter (JUP) Price?
Social sentiment analysis shows that the Jupiter community is increasingly optimistic, and sentiment thresholds are positive. This underlying backdrop, coupled with the technical breakout, makes a positive background to further price appreciation. The social sentiment indicator is no longer in negative territory as it was in the past months. It is now in the positive range, indicating a better market perception.
In the upcoming sessions, bulls are targeting the psychological level of $1.00, which is about 55% above the current prices of about $0.64846. This target coincides with the historical resistance points and is one of the most significant round numbers that tend to attract a lot of trading. The fact that the descending trendline seen on the long-term chart was broken out supports this bullish argument.
Risk management is still important since Jupiter is getting overbought. Traders who are conservative can take the 200-day EMA at $0.58354 as the support point, and aggressive bulls can use the 50-day EMA at $0.48852 as the risk level. The technical breakout, volume explosion, and improving sentiment place JUP in a good position to make further gains to the target of $1.00.
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