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The chart you shared shows the Jupiter (JUP) token price currently at $0.6202, with a +18.08% increase in the last 24 hours. Let's break it down and make a short term prediction.
Key Observations:
Strong Uptrend: The price has been rising steadily with mostly green candles.
Moving Averages:
MA(7) is above MA(50) and MA(100) a bullish signal.
MA(7) = $0.5979, MA(50) = $0.5442, MA(100) = $0.5175.
Recent High: $0.6307
Volume: Slightly increasing, which supports the uptrend.
Simple Prediction (Next Few Days):
If the market stays positive and volume keeps growing:
Target 1: $0.68
Target 2: $0.75 (possible if BTC and SOL also pump)
If price pulls back:
Support 1: $0.5884 (recent support)
Support 2: $0.5442 (MA50)
Conclusion: JUP is in a bullish trend. As long as it stays above $0.58–$0.59, it could continue upward. But always watch for volume drop or big red candles ..those are early warning signs.
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