Assessing the odds of Jupiter [JUP] climbing above $2 thanks to THIS pattern

Quick Summary:

Jupiter broke above a bull pattern and might be slowly moving towards $2 next!

At the time of writing, there were more short positions in the market than long positions, with the same evidenced by the sharp decline in Jupiter’s long/short ratio.

This bullish falling wedge pattern emerged in the first week of November.

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Author / Journalist: Dipayan Mitra

Category: Crypto

Markets: United States

Topics: Trading View News 1 Social News Altcoin Ambcrypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 19:00:33 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 546 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23987640

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 15 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

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