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Cryptoknowmics 2022-06-16 23:30:04

Jupiter Technical Analysis: Bulls Rise and Mark $0.008448

Technical Key Points JUP is currently trading at $0.008448 The price rise by 90.77% The RSI is at 70.86 JUP Past Performance In the last 24 hrs, JUP is trading as low as $0.003278 and as high as $0.00943. JUP’s trading volume for the past 24 hrs is $5,783,298. The market capitalization is $8,783,514. Initially, Jupiter has been on a downtrend for the past few days. As of now it seems to have found support near the $0.004 level and might start an upward journey from here in the next few days. Source: Trading View Jupiter Technical Analysis JUP is currently trading at $0.008448. The circulating supply is963,798,689.00 JUP and the max supply is 1,000,000,000. The price of Jupiter might reach $0.01 in the next few days as it has started to form an ascending triangle pattern which is a bullish sign. The RSI indicator is at 70.86 which is in the overbought region. The RSI line is seen to intersect the trend line and takes an upward trend towards the 75 regions. This might be a good time to buy Jupiter as the price is expected to rise in the next few days. The MACD indicator is currently in the bullish zone, but the histogram bars are getting smaller. Hence this might be an indication that the upward momentum might start to slow down soon. The MACD line has just crossed the signal line which is a bullish sign and might give a further boost to the price. The Bollinger bands are squeezed therefore this might be an indication of a break...

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