Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks.
However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent correction, the token has climbed back to $1.06, currently facing resistance. A decisive break above this level could propel JUP towards $1.30.
Comment
Is Jupiter likely to break out from the resistance zone at $1.14 this time after two unsuccessful attempts?
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