Jupiter Price Jumps 50% in a Month Near Resistance

Jupiter ($JUP) has gained more than 50% over the past month, trading near $0.37, according to market data reported by CryptoNews. MetaMask data from Oct. 8 recorded Jupiter at $0.3673, up approximately 51.37% from $0.2427 a month earlier, with a market capitalization near $1.22 billion and roughly $179.69 million in 24-hour trading volume. TradingView’s Binance daily chart showed a session high of $0.3881 on Oct. 8.

Resistance and Technical Structure

The recent advance brings Jupiter close to the $0.38–$0.40 resistance zone after a recovery from September lows. Analyst Nehal identified $0.38–$0.40 as the next resistance area, describing Jupiter as having broken above a multi-month accumulation structure and reclaimed its upper trendline. Nehal also identified $0.69 as a conditional breakout target without specifying an October deadline.

TradingView’s daily chart placed Jupiter above four simple moving averages: the 20-day at $0.3274, the 50-day at $0.2669, the 100-day at $0.2316, and the 200-day at $0.2087. The daily relative strength index stood at 68.88, approaching the conventional 70 overbought threshold. Meanwhile, the weekly average directional index reached 29.43, and the weekly chart placed the price above the upper Bollinger Band at $0.3577.

Key facts

• Jupiter gained approximately 51.37% over the month, trading near $0.37 on Oct. 8.
• MetaMask data recorded a market capitalization near $1.22 billion and $179.69 million in 24-hour volume.
• Daily price held above the 20-day, 50-day, 100-day, and 200-day simple moving averages.
• Daily relative strength index approached the overbought threshold at 68.88.
• Analyst Nehal identified $0.38–$0.40 as the next resistance zone and $0.69 as a conditional target.