JUPITER
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.
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 $2.
I think JUP has the potential to go much higher, but there's likely to be a pullback if these levels are reached, which would be an opportunity to re-enter.
If we go down from here it remains bullish as long as price doesn't go below the first green zone, if it does I would expect a further drop to the second zone.
Jupiter - Bulls dominating!Jupiter broke the downtrend line initiated on April 1, making a bullish divergence in the RSI on the daily time frame and piercing the MAs with some bullish strength.
Jupiter has immense potential, and I believe in US$ 1.30 in the short term, and US$ 1.80+ in the medium term, I will update the analysis over time.
#JUP/USDT#JUP
The price is moving in a descending channel on the 4-hour frame and we are about to break it
We have a bounce from a major support area in green at 0.600
We have a downtrend on the RSI indicator that has been broken upwards
We have a trend to stabilize above the moving average 100 which supports the rise
Entry price 1.10
First target 1.28
Second target 1.52
Third target 1.80
Will JUPUSDT Continue Its Bullish Reversal or Face a Downturn?Yello, Paradisers! Is #JUPUSDT poised for a bullish breakout, or are we heading towards a significant retest and possible downturn? Let’s dive in!
💎#JUP has shown a promising sign of a bullish reversal by breaking out of the descending resistance. However, the current price appears to be facing resistance, suggesting a potential retest at the support level of 0.872 before attempting another breakout to hit our target area.
💎If JUP manages to break through the resistance without retesting the support first, the likelihood of an upward movement and continuation of the bullish trend increases significantly.
💎On the downside, if JUP fails to bounce when retesting the support area, the price might revisit the strong demand zone. Historically, JUP has consistently rebounded from this zone, but failure to sustain the strong demand area around 0.68 could invalidate the bullish outlook. This would indicate a bearish trend, with the price potentially moving further downward and dipping.
Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Jup Breaking Out For Upside Continuation Jup Preparing For Further Upside Bullish Rally
Trend Is already Up And Now Breaking Bullish consolidation Breaking Falling Wedge And Crucial Horizontal Resistance At The Same Time Incase Of Successful Breakout Expecting Solid Recovery In Coming days
Successful Breakout Can Lead Solid Bullish Wave Towards 2$ In Coming Days
JUP/USDT Chart Update in 12-hour Timeframe.Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
JUP had a rebound 10 days ago, reaching as low as $0.678 (close to the horizontal support line). Currently, JUP is at the 50 EMA resistance, and a rejection from the CMP or the upper resistance ($0.956) will likely drop the price toward the horizontal support at $0.6626.
A breakout above the resistance trendline can be considered a bullish move for JUP.
Key levels:
~ Resistance 1: 50EMA ($0.87).
~ Resistance 2: $0.956.
~ Support 1/Entry: $0.6626.
~ Lower Support: $0.4665.
DYOR. NFA.
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#PEACE
JUP/USDT Breakout Alert!! Bullish momentum for JUP movement.💎 Paradisers, #JUP is indeed a coin worth monitoring closely.
💎 JUP has successfully broken out of the ascending triangle pattern, signaling bullish momentum for continued upward movement.
💎 Currently, the price is consolidating around the support area, which previously served as resistance within the ascending triangle. If the price can bounce from this support, there's potential for further upward movement towards the resistance at 1.46 area.
💎 Breaking this resistance is crucial for JUP to sustain its upward trajectory and potentially reach our target strong resistance area.
💎 However, if JUP fails to bounce from the support and even breaks down below it, it could signal a fakeout in the pattern, which is a negative sign. In such a scenario, the price may retreat to test the demand area around $1.
💎 The demand area holds significant importance as it needs to sustain and initiate a bounce to reclaim the price above the support for the continuation of the upward movement. If JUP fails to achieve this and breaks below the demand area and the support trendline, it would confirm bullish invalidation and potentially lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
Jupiter Comeback After Finding Support, Eyes $1.30Since its debut on major exchanges on January 31, 2024, Jupiter (JUPUSDT) has been a token on the move. The Solana-based decentralized exchange aggregator has experienced a rollercoaster ride, with both impressive gains and notable pullbacks.
However, recent price action suggests JUP may be poised for another upswing. After finding support at $0.86 in a recent correction, the token has climbed back to $1.06 , currently facing resistance. A decisive break above this level could propel JUP towards $1.30 .
TGR pt.2 - SPY vs. gravityThis chart uses symmetric trajectories from the early distribution phases to estimate the path price will take to initiate markdown.
Initial target = 506-508. If SPY finds resistance at 516 then the initial target could hit by the end of this week (5/10). If SPY breaks above 516 it should find resistance at 518-520, and then the initial target will be delayed - 506-508 would likely still hit by 5/17 if the latter case is realized.
Goal Target = 492 by 5/13 earliest, 5/23 latest. Could extend lower into the 480s but still need a confirmation signal to establish time to target.
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My Trade(s):
- Entered July 19 SPY 506 puts for 6.85 (underlying price = 515.47)
- Will Add if SPY continues higher (looking to add in the 518-520 range)
- Will Add if SPY closes back below 514.
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This looks doomed, but is there enough residual demand to keep this afloat until June? Or will conjunctions of larger forces pull this further down in May...
It depends on if we break back below 514 - that's all it will take to spur a rapid selloff.
JUP target $184h time frame
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JUP has dipped over 50% since hitting $1.8, accompanying with silent alts on Solana. From TA, JUP makes a healthy retracemetn that could be seen as a correction wave of Elliott impulse wave, which means there is a further pump while JUP continues to match the Elliott wave trend. Moreover, once alts season starts, JUP could gain huge profit from those trading on Solana, it will be a positive assistance for consistent pump until JUP reaches a reasonable market cap.
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Bull target: $18~$20
Adding to my JUP airdrop bagAdding to my JUP airdrop bag here at 0.966 after taking profits around 1.6 a few weeks ago.
Sitting at its macro golden pocket fib and holding it well.
I will add at 0.813 & 0.6675 if we get it but wouldn’t be surprised if this thing bottoms around here as I’m bullish SOL with our recent buys.
Jupiter JUP price is hovering over the abyssIf the Head and Shoulders pattern is completed on the #JUPUSDT chart (and the falling trading volumes from left to right hint at this), then the target for developing this pattern will be in the range of $0.87 - 0.92 per LSE:JUP
And it can be even safer and more profitable for your deposit if you leave pending limit orders to buy the #Jupiter token at $0.67-0.68
Of course, if you believe in this project and want to invest in it.
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