Jupiter (JUP), a cryptocurrency, recently gained 29% in value over a week, reaching $1.20. Analysts believe Jupiter could reach $1.8, based on technical indicators and market sentiment. Indications include consistent inflows of funds into JUP, a bullish MACD crossover, and a high RSI. Growing open interest in JUP futures also supports Jupiter’s price rally.
The 24-hour trading volume of JUP is over $308 million, with a price increase of 10% in the last 24 hours, bringing the market cap to $1.63 billion.