$JUP Potential Breakout
JUP has been consolidating for nearly 5 months and it's finally challenging its key resistance level.
On the 4-hour timeframe, it's trading above the upper boundary of its range and is primed for a potential breakout.
If
BTC stabilizes or range a bit, this could create a space for altcoins to rally.
The immediate resistance is at $1.10. If this level flips to support, I expect a move towards the $1.27 to $1.40 zone.
On the 4-hour timeframe, it's trading above the upper boundary of its range and is primed for a potential breakout.
If
BTC stabilizes or range a bit, this could create a space for altcoins to rally.The immediate resistance is at $1.10. If this level flips to support, I expect a move towards the $1.27 to $1.40 zone.
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Content in partnership with:
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twitter.com/mooncakexbt
twitter.com/huskyXBT
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.