Jupiter’s Breakout Sends Price Toward $0.35, Here’s What’s Next

• Jupiter strikes aggressively at $0.35 after the parallel channel breakage.
• Hence, the price should remain at or above $0.50 for the bullish trend to remain intact.
• With Jupiter’s next resistance at $0.60, $0.35 becomes a probable target.

Jupiter (JUP) has recently broken out of a parallel channel, giving rise to a probable shift in its price trend. As seen in the daily chart, this asset’s price has breached strong resistance levels and is now targeting its next price point at $0.35. This breakout is a pivotal point for JUP as it heads away from extended sideways movement. According to the chart, Jupiter may break out to the upside if recent price momentum can be held.

Consideration of price action from May 2024 to March 2025 reveals that JUP has been moving in a parallelen channel, swinging between the $0.25 and $1.00 zones. The last breakout occurred just near the $0.50 level, where, as a result, the price crossed above the channel’s upper boundary. Such a transition shows promise for an upcoming upside movement since the asset faces less resistance than its previous range. Nonetheless, the next resistance zone around $0.60 needs to be monitored closely by traders for validation of a continued bullish trend or a possible setback.

Through the breakout, Jupiter’s price is now aiming for the first target at $0.60. JUP has shown solid price action with a consistent rise in value starting from $0.40, thus signaling a possible shift in the bullish momentum. The $0.60 resistance mark is preceded by the $0.35 target, which can be viewed with speculative eyes given the present price actions. Provided JUP remains under the influence of decent buying, then the price may be able to pass through these levels making $0.35 a concrete target for short-term traders.

Key Levels to Observe in JUP’s Next Move

While Jupiter is pushing higher, attention will remain on its ability to sustain trade above the $0.50 zone. If JUP can maintain consolidation above this level, the path will open up for sustained upward movement. The price targets at $0.60 and $0.35 are critical markers, which may establish the trajectory for the token. Should there be any signs of price reversal below $0.50, it will indicate that the breakout was short-lived, and traders may need to reassess their positions.