Ethereum And Jupiter Maintain Crucial Support – Find Out Why Mid-Term Investors Are Adding To Their Holdings

Ethereum and Jupiter are holding steady at key support levels. This stability is drawing attention from mid-term investors looking to increase their holdings. The article explores the factors fueling this confidence and reveals potential growth opportunities. Curious minds will discover which cryptocurrencies are primed for a boost.

Ethereum Volatility Under Bearish Pressure, Key Levels to Watch

The coin dropped 20.30% over one month and 27.19% in six months, with an 11.11% decline in the past week. Prices steadily fell from a low of $1766.31 toward $3020.97 at its high, reflecting consistent downward pressure and waning momentum over time.

The current range lies between $1766.31 and $3020.97, with immediate support near $1294.44 and resistance around $3803.76. Indicators such as a 33.12 RSI and negative momentum favor bears, and no clear trend is evident. Traders could look for rebound opportunities at support or test the resistance if bullish pressure strengthens.

Jupiter (JUP): Price Action Favors Bears Amid Key Resistance & Support Zones

Jupiter experienced a 41.98% drop in the past month and a 45.83% decline over six months. A 19.54% decrease in just one week highlights ongoing downward pressure in its recent performance. Oscillators confirm the lack of positive momentum. The price action over these periods shows persistent bearish sentiment and a struggle to build upward strength.

Currently, Jupiter trades between $0.57 and $1.01, with immediate support near $0.38 and resistance at $1.26, while a second resistance sits at $1.71. Bears dominate the market, and the absence of a clear recovery trend suggests caution. Trading ideas include monitoring the channel closely and considering short-term positions near key support and resistance levels.

Conclusion

ETH and JUP have shown steady support levels, prompting mid-term investors to accumulate more. These coins' stability reassures holders and new buyers. Their resilience invites confidence in sustained performance. This trend suggests a favorable outlook for those considering long-term growth. Both assets’ strong support foundations indicate potential for future gains, making them attractive for investors looking to expand their portfolio.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.