Jupiter’s price can be about to see some fluctuations because it reaches the level of fluctuation in the past. This was also observed by Ali (Ali_charts), which has determined the decisive support level that could determine the following main price movement in JuP.
Jupiter’s price was at $ 0.71342 at the time of the post, indicating a modest decrease of 1.02 % in the last trading session. The cryptocurrency was heading down from its last peak of more than $ 1.30, as it attracted the attention of the market participants who watched possible reflection points.
The level of decisive support for the price of Job
according to Technical analysisJUP is approaching a decisive moment at the support level of $ 0.69. This price point was a strong basis for the apostasy, which makes it particularly important for traders looking to enter positions.
Ali also notes, “Jupiter is approaching the level of decisive support at $ 0.69, which may save the basis for a bounce about one dollar!”
The upscale path is not without challenges. The $ 1.00 psychological brand is the first major obstacle to any possible recovery process. Moreover, merchants must see a range of $ 1.30 to $ 1.40, as previous gatherings faced great sale pressure.
Also read: Crypto’s ancient warriors: XRP price is due to withdrawal after a 11 % pump
Jupiter Plaver Scenarians Possible Price
The market appears to be at a crossroads. If the support level of $ 0.69 can maintain stability, it may be achieved, the expected ali is bounce towards $ 1.00, which provides great opportunities for merchants.
However, there is also a more careful scenario that must be taken into account. If the price broke out below the decisive support of $ 0.69, we may see more negative movement, which may experience lower support levels between $ 0.62 and $ 0.55.
the Current market feelings The momentum suggests that the sellers have the upper hand, but as Ali emphasizes, the level of $ 0.69 will be decisive in determining whether the bulls can regain control and push towards higher targets.
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