Ethereum and Jupiter Find Support Amidst Volatility – Mid-Term Investors Eyeing Opportunities

Ethereum and Jupiter have stabilized at crucial support levels, attracting the interest of mid-term investors seeking to increase their holdings. This article explores the factors behind this confidence, revealing potential growth opportunities for these cryptocurrencies. Meanwhile, Ethereum’s recent volatility has presented a downward trend, with its price dropping nearly 20% over the past month and 27% in six months. The coin has experienced a significant decline of around 11% in the last week alone. While fluctuating between $1766.31 to $3020.97, Ethereum’s support is near $1294.44 and resistance is close to $3803.76. Indicators suggest bearish pressure with a 33.12 RSI and negative momentum. Traders could identify potential rebound opportunities at either support or resistance if bullish pressure strengthens.