Ritika_TCR

Are JUP Bulls Ready To Rally For A New High?

KRAKEN:JUPUSD   JUP
Jupiter has a market cap of $1.049 Billion and is ranked 69th in the cryptoverse.The volume of the asset price has seen a growth of 5% in the past 24 hours. The VM ratio of the JUP price is suggesting a consolidated trend in price. JUP token price is currently trading near $0.77 with a growth of 0.61% in the intraday session.
Jup token price is currently forming weak bullish candles on the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of the JUP can see a halt near the value of $1. Meanwhile, the support of the asset price can be seen near $0.7.
The RSI of JUP is near 32 suggesting its presence in the neutral zone. The overall sentiment of the indicator is bearish in nature.

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