Get started

JUPITER

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.
Long
by SoftQuant
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.
by DEXWireNews
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.
Long
by SaeedSalehinia
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! ❤️
by tradecitypro
6
JUP SWING LONG IDEA - JUPITER COIN SWING LONG - SOLANA CHAINFundamental Analysis: JUP is the top DeFi project on the Solana chain. It’s a strong project and one of my favorite DeFi projects in all of crypto. I have confidence in their team and vision. Recently, we’ve seen strong momentum in JUP alongside SOL's bullish movement. Technical Analysis: The price is coming from the monthly demand zone. The weekly demand zone supported the price after testing the monthly zone, and it has broken the diagonal bearish trendline that was responsible for the mid-term bearish trend. We recently hit and got rejected at the diagonal trendline responsible for the long-term bearish momentum. I believe we’ll see a small retracement from here before taking off, potentially aiming for new all-time highs.
Long
by UA_CAPITAL
WEN: another awakening patternIf you follow me "somewhere else" you saw all those other alts on which I've identified an ascending triangle. Such pattern forms when chart prepares for a break out after a period of dumping/ranging. I don't believe in memecoins, at least I think they're on the same level of betting which makes them a bad investment. However this one is the only I have faith into. He has been fairly distributed to JUP users, it can count on a community which is alive and is accomunated by JUP, it's in the Solana Ecosystem which is currently the #1 for alts (alts and meme). I've read somewhere the token doesn't have many whales but I'm not sure about this. However, I got airdropped some and I bought some more. I tried buying 3 more meme in the past and it always went bad. I hope this one, considering the FA it'll go well. Meanwhile I think FA is on our side. Still a good buy IMO. Good luck!
Long
by Shotokhan
4
Jupiter JUP price - the most interesting is yet to come!The last time we were published an idea for #JUP 6 months ago, where we predicted a price drop from $1.30 to $0.67-0.68 and recommended placing pending limit orders there 👇 Those who listened should be happy with their profits now. 🧑‍🚀 But in general, if we analyze the price chart of the #Jupiter token, we can assume that the most interesting things are yet to come, because it seems that the coin has been actively accumulating for the last 4 months. 🔼 So, we can try to take a long OKX:JUPUSDT in the range of $0.81-0.89 with a medium-term growth prospect of at least +120%. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
JUP Bearish DivergenceJUP is currently exhibiting signs of a bearish divergence, which suggests that despite its recent upward movement in price, the underlying momentum is weakening. This divergence indicates a potential reversal in trend, signaling that the market may soon shift toward a downward trajectory, as selling pressure could start to outweigh the buying activity. Traders should closely monitor this development for confirmation of a trend reversal before making any significant trading decisions. Entry between 0.5 to 0.618
by chase_ID
JUPUSDT long using proprietary multi-timeframe trend detectionI'm executing this on H4 and D1/D3 time frames as this is a swing that should take 3 to 9 days to play out. I am also taking into account H1 short term trend, which has failed to hold on this second retest of the H4 sort term trend, and thus needs to be reclaimed. Entry: 0.8576 SL: 0.8356 TP: 1.0976 Upon clearing D1 resistance that lies between 0.95-0.99 and taking out the prior two highs, which failed to break out, I'll move the SL to BE and actively monitor the area. Should the rally fail there I may exit manually. H4 close above 0.87 would be a fantastic show of strength here. Here is the htf view I've laid out:
Long
by backo3456
JUP zones for accumulation JUP zones for accumulation BINANCE:JUPUSDT Solana will perform I think to the main marked targets and in this case Jup and all sol meme coins ecosystem will perform I think well! Possible Targets and explanation idea ➡️Based on my IAP model we are still didnt tested 2 main accumulation zones but its not an necessarily we should test it! JUP hold the line and levels pretty strong ➡️D timeframe Trade ON indicator sales was in spring 2024. now only recommendation to buy back (triangles) ➡️Perfect scenario of course its a test of buy line on Take Profit indicator ➡️Need to see money inflow in JUP sooner or later on D but more important money and liquidity inflow on Weekly! ➡️Take profit marked on a chart! I think till 14 October we will see or take profit or buy line test! Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
Can $JUP Pull a $UNI RunAs I shared before I was aggressively buying JUP at 0.4$ levels and I'm still holding. You can start accumulating anything below 1.5$ as in the chart. My final target is 4.89$ as in the chart (X10 from my entry), I believe JUP will go higher than that because 👇 If we compare JUP to UNI. Jupiter current trading volume is higher than UNI's average trading volume in 2021. The hype surrounding Solana in 2024 is similar to the hype surrounding Ethereum in 2021. PLEASE DYOR AND THIS IS NOT A FA.
Long
by Sakoza
8
Jupiter on course to new ATHs in the near futureThere's many signs that suggest a major trend reversal: 1) Double bottom 2) Previous resistance line acted as support for the previous 2 lows, extremely precisely as well 3) Lower 0.618 St. Deviation Band of the all time VWAP acted as a support again 4) Bullish divergence on volume weighted RSI 4H 5) Price broke through the resistance line and just got retested, this also aligns with the 0.236 Fib extension level Fundamentals are great as well. Nearly half the volume on Solana comes from the Jupiter aggregator. JUP is one of the most held tokens on the network. The team is very active with updates and fixes. A 30% supply burn is planned. TP targets are the 1.618 of the Fib extension (which happens to be just above ATH) and $2. I think JUP has the potential to go much higher, but there's likely to be a pullback if these levels are reached, which would be an opportunity to re-enter. If we go down from here it remains bullish as long as price doesn't go below the first green zone, if it does I would expect a further drop to the second zone.
Long
by NoLimit_777