1 min read
Add as a preferred source on Google

Jupiter’s JUP Gains 51% in a Month as Price Nears $0.40

JUP rose from $0.2439 on Sept. 8 to $0.3692 on Oct. 8, while technical resistance sits at $0.38–$0.40.

Mentioned assets
Purple metallic token standing beside an ascending market marker / TokenPost.ai
Purple metallic token standing beside an ascending market marker / TokenPost.ai

Jupiter’s JUP token rose 51.37% in one month to $0.3692 on Oct. 8, bringing the Solana-based governance asset toward a technical resistance range at $0.38–$0.40.

JUP traded at $0.3692 at 8:24 a.m. ET (12:24 UTC), up from $0.2439 on Sept. 8. Its market capitalization stood at $1.23 billion, while 24-hour trading volume was $180.73 million.

Prices differed across venues and data products. OKX recorded an Oct. 8 open of $0.31640, a high of $0.38810, a low of $0.31510 and a close of $0.36320. A separate market observation listed an Oct. 8 high of $0.3880 and a close of $0.3695. Those readings represent separate market observations and do not establish one market-wide daily close.

A technical analysis identified the immediate resistance zone at $0.38–$0.40 and nearby support at $0.32–$0.33. A sustained move above the resistance range would clear that technical level, while a decline below the support area would weaken the recent recovery structure.

JUP remained above its daily simple moving averages, which stood at $0.3274 over 20 days, $0.2669 over 50 days, $0.2316 over 100 days and $0.2087 over 200 days. Its daily relative strength index was 68.88, while its weekly average directional index was 29.43.

JUP is Jupiter’s governance token. Jupiter operates on Solana as an on-chain finance platform offering swaps, lending, borrowing, perpetuals and portfolio tools.

The move extends Jupiter’s recent strength among major cryptocurrencies, but the available figures describe market performance and technical levels rather than a confirmed fundamental catalyst.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…