Jupiter price jumps 50% in a month, can it break $0.40 in October?

Jupiter price has gained more than 50% over the past month, but resistance near $0.38–$0.40 stands between its recent recovery and a further October advance. Jupiter price gained roughly 51% over the month, trading near $0.37 on Oct. 8. Daily price held above the 20-day, 50-day, 100-day and 200-day moving averages. Weekly ADX reached 29.43, while daily RSI approached the overbought threshold at 68.88. Analyst Nehal identified $0.69 as a conditional breakout target, without setting an October deadline. MetaMask’s Oct. 8 market data put Jupiter at $0.3673, up approximately 51.37% from $0.2427 a month earlier.

Source: crypto.news