JUP in Danger: Are We in for a Crash?JUP has been on a four-day downtrend, and it's starting to show its bearish side. The token has lost its yearly open, which was a major support level. Let’s break down the key support and resistance to see what the chart is telling us.
Support & Resistance
Resistance:
Yearly Open & Monthly Level: JUP has dropped below the yearly open at $0.8169 and the monthly level at $0.7427
Support:
Long-Term Range & Liquidity: JUP has been trading within a range for over 300 days, with a significant amount of liquidity below the low at $0.6328 from 5 July 2024.
POC: The volume profile shows the POC sitting at around $0.5, marking an attractive entry point for a long position.
Fibonacci Confluence: The 0.786 Fibonacci retracement level falls just below the key low at $0.431 (a level last seen on 12 February 2024), offering a great long trade setup.
Long Trade Opportunity:
Alarms are set, let's see if JUP drops to these key support levels. If it does, we could have a solid long setup on our hands.
JUPITER
TradeCityPro | JUPUSDT Is Solana the best dex?👋 Welcome to TradeCityPro Channel!
Let's go together and analyze one of the best dexes of these days, Solana, which handles a high number of transactions and has relatively good performance, because I myself would like it to be one of the coins in my basket!
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
We don't have many candles on the weekly time frame, and the reason is that this coin is new and its dex space, but being in this range box is also quite acceptable for this coin.
In the weekly box we are in, there is some sellers' pressure due to the higher selling volume, but since we are in the range box, it doesn't make much difference to us and we can take a position from whichever side it comes out.
To buy again now, after the box ceiling and 1.2535 break, even if you participated in its private sale, it makes sense to cash out some of your tokens and exit, but your main exit point after the break is 0.6951 and you can cash out!
📈 Daily Timeframe
On the daily time frame, we are still in the box range, but we were rejected earlier than the resistance of 1.2681 and are forming lower ceilings and are on the important support of 0.7903
What happened is that after we did not reach our main trigger spot, which was 1.2681, the events of the Trump and his wife's token launch occurred, which both increased the trading volume on these two tokens in this dex and caused fluctuations on this token that these fluctuations can be ignored!
We are on the important support of 0.7903 and this support will essentially be a trigger before the main support trigger and its precursor, and we can open short positions by breaking this level. For buying, the sellers' power is currently very high and we need a change in momentum, which we will update this analysis whenever it happens!
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
#JUP/USDT#JUP
The price is moving in a descending channel on the hourly frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.7000
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.870
First target 1.00
Second target 1.10
Third target 1.22
Public trade #17 - #JUP price analysis ( Jupiter )Recently, the #JUP coin has been on various “interest lists” a lot.
So we will share our OKX:JUPUSDT chart
✅ We will try to bribe #Jupiter for ourselves both in the investment's portfolio, for participation in airdrops, and in copytrading for speculation - as close as possible to the price of $0.75-0.80
✅ And after that, it will be possible to hold at least $4.50-5 per LSE:JUP
_____________________
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JUP Eyeing Resistance Break: What Could Happen Next...?JUPITER has broken through the short-term resistance level of $1.1850 and is attempting to maintain its position above this mark. However, the breakout occurred with a single major candlestick, making it difficult to predict whether it will sustain this breakout. At this point, it's important to wait for further price action. If you don't want to miss out on potential gains from a major breakout like this, consider entering a long position once the price breaks above the $1.2500 level. Be sure to keep your stop-losses tight, as the market is somewhat volatile at this stage.
Opportunity Knocks: $JUP Under $1 – Time to Load Up for 3x GainsConsidering how the SOL ecosystem has printed a new signal, I think it’s safe to say we can start buying below 90c on $JUPUSDT.
I like the structure here, how it’s back into a solid weekly block. Should consolidate a bit here, maybe a week max.
Aiming for above $2 once it reclaims the 1.15 zone.
Jupiter on Solana: Future Bet or Bursting Bubble?In a world where innovation is currency, the Jupiter on Solana project looks like a golden nugget against the desert backdrop. It's not just another crypto project, it's a heck of a massive solution that makes you wonder if traditional financial instruments are worth all your attention.
Let's start with the facts - Jupiter, is a decentralized exchange aggregator that not only connects liquidity, but does so with such efficiency that you start to question whether we even need centralized exchanges. See, Jupiter's trading volume has reached $1.5 billion, surpassing even 1inch, showing its dominance in the Solana space.
Now let's talk about speed and scalability. This thing - Jupiter - processes transactions at a pace that makes you feel like you're in the 21st century instead of the era of waiting for wire transfers. We're talking thousands of transactions per second, which makes Solana and Jupiter not just a player, but a leader in the DeFi game.
And don't forget the community. Jupiter has attracted over 955,000 accounts to its airdrop, which shows not only popularity but also trust in the platform. It's like when you find a company that not only promises but actually gives a return to its investors.
If we look at the charts, we can see that Jupiter is showing a long accumulation. According to my Fibonacci grid, I expect Jupiter to test the area at the $5.4 level. If Jupiter breaks through this level, we could see an even more significant rise, which would signal a new round of interest and possibly the start of a mainstream adaptation.
Horban Brothers,
Alex Kostenich
Jup Weekly AnalysisIn the weekly frame, a swing low has formed in the range of 50 to 53 cents since the time of listing on exchanges.
If the price breaks below this range, I consider 34 cents and 42 cents as Fibonacci support areas.
The potential growth targets are 80 cents, $1, $1.30, $2.20, $4.50, and $7.90.
JUP: A game-changerWell, fundamental assets are sometimes boring—you probably never hear that statement in crypto :) However, if we set aside some big players like Bitcoin, Ethereum, Solana, and Ton, I’m fundamentally bullish on Jupiter + Rayudium. Why? Because I am heavy user.
P.S. Pay attention that the chart doesn’t reflect great trade opportunities right now, especially with Bitcoin breaking past 100k and SPX hitting an all-time high. But if we’re just talking no BS, Jupiter / Rayudium obviously has some great features.
So, why am I bullish on JUP?
- Jupiter has a decentralized exchange, they’re building DeFi. They provide access to the best prices and opportunities to earn solid interest on deposits.
- Memecoins are booming—it’s now simple to launch them without code solutions, and this is where Jupiter’s DEX helps scale projects. Scaling means commissions for the team.
- Built on a scalable infrastructure, the DEX ensures low transaction fees and high-speed swaps, catering to both retail traders and institutional users.
And here’s the kicker—the team buys back tokens from the market, splitting a share of the commission fees they earn on the DEX.
As always, there are a lot of risks. DYOR, NFA. The risk part probably deserves a separate article because I’m already risking getting a TL;DR (too long to read and other stuff).
But again, this is a long-term play, and it’s probably better to enter at lower prices.
2024 Overview - Whats Looking Big for 2025The crypto market is maturing to the point of clear winners and losers within the application space. The chain level has proven in 2024 not to be decided with the consistent growth of SOL Within the different chains though we have still seen winners seperately themselves from the losers.
The winning applications? Usually theyve been in three fields. Validating. Swapping. Lending. Now there are emerging winners appearing in the fields of RWA. Yield. Whatever Ethena is. These fields are distancing themselves from the losers. The zombie fields. The seed investment fields. The metaverses. The gaming. The NFTs.
The losing fields might have volatile token performance and they could definitely see strength start in 2025.. but those applications were big losers in 2024. Surprise, surprise... their token performance wasnt great. It may have something to do with the fact no one uses the application.
2025 I believe we will see those that were leading applications and leading token performers in 2024 continue to be the leaders of 2025.
EDIT - I forgot to mention in the video my favourite growth chain of SUI. SUI has been a relative leader both technically and fundamentally.
Jupiter DAO Approves $860M JUP Airdrop Amid Price DropThe decentralized governance arm of Jupiter Exchange on Solana, Jupiter DAO, has made waves by approving an $860 million JUP token airdrop as part of its annual "Jupuary" program. Despite this significant move to bolster ecosystem engagement, LSE:JUP has faced bearish pressure, declining 9.35% at the time of writing. Let’s dive into the technical and fundamental aspects shaping Jupiter's current landscape.
The Airdrop Announcement
Jupiter DAO’s approval for this massive token airdrop showcases its commitment to long-term user engagement and ecosystem fortification. Key features of the updated distribution plan include:
- Revamped Model: Introduced stringent eligibility checks to curb speculative farming.
- Engagement Focus: Metrics such as asset holdings, regular participation, and interaction determine airdrop eligibility.
- Long-Term Incentives: Encourages holding, buying, and voting throughout the year.
This second attempt at the Jupuary airdrop reflects the DAO’s responsiveness to community concerns, setting a new standard for Web3 governance.
Market Sentiment and Impact
While the airdrop decision is fundamentally positive, market sentiment remains bearish due to:
1. General Crypto Market Conditions: Bitcoin’s inability to break the $100k barrier has contributed to a cautious market.
2. Recent Price Drop: LSE:JUP has fallen 6.99% in the past 24 hours, with a live price of $1.22 and a trading volume of $227.46 million.
The pseudonymous founder, “meow,” emphasized the importance of distributing JUP to users who could become long-term members, which is crucial for stabilizing token value and ensuring meaningful participation.
Technical Analysis
At the time of writing, LSE:JUP is trading at $1.22, reflecting a 9.35% decline. Technical indicators reveal:
- RSI (Relative Strength Index): At 47, LSE:JUP is approaching oversold territory. With immediate support found at the 65% Fibonacci retracement level. A further dip could test the one-month low.
Market Structure
- Bearish Zone: Selling pressure has dominated, with the price unable to reclaim key resistance levels.
- Volume: High 24-hour trading volume of $227.46 million suggests significant activity, but selling outweighs buying interest.
Key Levels to Watch
- Support: If LSE:JUP holds at the 65% Fib level, it may attract buyers looking for entry points.
- Resistance: Bulls must reclaim $1.35 to initiate a recovery and negate the bearish trend.
The Bigger Picture
Despite the current bearish sentiment, LSE:JUP ’s fundamentals remain robust, anchored by:
- Advanced DeFi Offerings: Jupiter’s ecosystem features swap aggregation, limit orders, DCA/TWAP tools, and perpetuals trading.
- Long-Term Potential: The airdrop and focus on user engagement could drive sustained interest and adoption.
Risks to Watch
- Continued selling pressure could drive LSE:JUP to test lower support levels, potentially dampening short-term investor confidence.
- Broader market bearishness, led by Bitcoin’s failure to cement a position above $100k, could limit upward momentum.
Conclusion
Jupiter DAO’s $860 million LSE:JUP airdrop is a groundbreaking initiative, emphasizing user engagement and governance in the DeFi space. However, bearish market conditions and short-term selling pressure have overshadowed this positive development, with LSE:JUP trading at $1.22 and nearing oversold territory.
Traders should watch for price action around the 65% Fib retracement level, which could offer a buying opportunity if selling pressure eases. For long-term investors, Jupiter’s robust ecosystem and commitment to community-driven growth position it as a promising player in the Solana DeFi landscape.
Will LSE:JUP rebound from its bearish spell or test new lows? The next few days will be crucial for its trajectory.
Jupiter (JUP)As one of the industry's most advanced swap aggregation engines, Jupiter excels at delivering essential liquidity infrastructure for the Solana ecosystem.
Anyway, JUP is still young and few candles are available. However, JUP's chart shows promising future. JUP started with a classic 5 minor waves, went up and then correction started which took the price down to 0.618 Fib retracement level. Then JUP broke the downtrend line, and made a double bottom too. Let's see how high JUP can go.
TradeCityPro | JUP : Prepping for a Breakout👋Welcome to TradeCityPro!
In this analysis, I’ll be reviewing the JUP coin. This token is the native token of the Jupiter project, part of the Solana ecosystem, and operates in Solana’s DeFi space.
📅 Daily Timeframe: Breakout from the Box?
In the daily timeframe, we see a long-term box pattern ranging from a bottom at $0.6818 to a top at $1.2542, with the price currently at the upper limit of the box.
🧩 A rising trendline is also visible, with the price touching it three times so far, each time being pushed upwards.
📊 Buying volume has been increasing from the bottom of the box, and now, after reaching the resistance at $1.2542, the reducing volume during the correction indicates the strength of the trend.
🔼 If $1.2542 is broken, the next resistance level will be at $1.7463. Upon breaking $1.7463, it is highly likely that a new all-time high (ATH) will be achieved.
✨ The RSI indicator also shows a rising trendline, and as long as the price remains above this line, the momentum is considered bullish. If 63.41 on the RSI is broken, stronger bullish momentum is likely to enter the market.
📉 In a correction scenario, if the price trendline and the RSI trendline are broken, the first target will be $1.0289, and the second will be $0.8625.
⏳ 4-Hour Timeframe: Futures Triggers
In this timeframe, we can observe the price action in more detail.
📈 If $1.2542 is broken, the price can move towards $1.4619. This trigger looks highly favorable, and I will personally attempt to open a long position if the price stabilizes above this level.
🔽 For short positions, you can consider entering after the trendline and $1.0441 are broken, although I personally avoid opening short positions in the current market conditions.
🔑 As long as the RSI remains above 50, the likelihood of breaking $1.2542 increases.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
$JUP Bullish Setup: Targeting $1.55BINANCE:JUPUSDT is looking strong above the $1 mark. As long as it holds above $1, I'm confident targeting $1.55.
This will be a week-long hold. Expecting CRYPTOCAP:BTC to stay above $96k to support this move. Invalidation is clearly depended on what MARKETSCOM:BITCOIN will do.