Building Swing Spot for JUPBuilding Swing Spot for JUP
Buy zone: 0.85-0.83, DCA 0.71 if necessary
Invalidation: D chart clean break below 0.71
TP: 0.96, 1.2, 1.8
Reason:
Narratives:
- SOL memecoins are getting a lot of interest, DEX like JUP and RAY are in the spotlight
Technical:
- Expecting a breakout from the daily trend
- Prices consolidate in the golden pocket zone from the current range (0.85-0.83)
- Stoch comes into mid-range and ready to cross up
JUP
JUPUSDTLSE:JUP ~ 1D
#JUP If you ask us, when will the price of LSE:JUP increase. you should look at this chart. You can see this decreasing pattern in the 1D Time frame. The bulls will return if this pattern is successfully broken.
The best strategy for now, Buy gradually inside this pattern. or wait for this pattern to be successfully broken and you can start buying afterwards.
#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
JUP/USDT: LOOKS PRIME FOR A 150% RALLY!!Hey everyone!
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JUP looks very promising right now. It has broken out of a descending triangle and is currently retesting that triangle. I'm considering building a spot position here.
Entry Range: Current Market Price (CMP) and add more up to $0.72
Targets: $1.04 / $1.32 / $1.68 / $1.96
Stop Loss: $0.59
What are your thoughts on JUP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
JUPUSDT Breaks Trend Line: Ready for a Major Upswing?JUPUSDT has hit support multiple times and has now successfully broken its trend line, setting the stage for a significant upmove following a brief retracement. As a fundamentally strong project, JUP presents a promising opportunity with the potential for a 2x return from current levels.
Keep a close watch on price action, and remember to implement your stop-loss strategy to manage risk effectively. This could be the start of an exciting rally—don’t miss out!
JUPUSDT Currently trading at $0.92
Buy level: Above $0.92
Stop loss: Below $0.77
TP1: $1
TP2: $1.2
TP3: $1.5
TP4: $1.85
Max Leverage 3x
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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 $2.
I think JUP has the potential to go much higher, but there's likely to be a pullback if these levels are reached, which would be an opportunity to re-enter.
If we go down from here it remains bullish as long as price doesn't go below the first green zone, if it does I would expect a further drop to the second zone.
JUP looks bearish (12H)From where we put the red arrow on the chart, it looks like a correction pattern has started.
According to the price and time rules, it seems that this pattern is a diametric.
It seems that the d wave of this diametric is over now.
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Jupiter - Bulls dominating!Jupiter broke the downtrend line initiated on April 1, making a bullish divergence in the RSI on the daily time frame and piercing the MAs with some bullish strength.
Jupiter has immense potential, and I believe in US$ 1.30 in the short term, and US$ 1.80+ in the medium term, I will update the analysis over time.
Short position on JUPUSDT 49Min/ Trading setupBINANCE:JUPUSDT
BITSTAMP:JUPUSD
SL2 ---- Mid-risk status: 4x-5x Leverage
SL1 ---- Low-risk status: 2x-3x Leverage
⚡️TP:
1.075
1.068
1.055
1.045
1.035
1.025
1.012
0.989(In Optimistic Scenario)
➡️SL:
1.186
1.144
The Alternate scenario:
If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
#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
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
Trade Setup: JUP Long PositionMarket Context:
JUP is showing signs of a trend reversal, reclaiming a key area as support with a notable spike in volume. The 4-hour chart indicates a shift in structure with a higher high, suggesting a potential uptrend.
Trade Setup:
Entry: Ladder into a buy around the $0.8 zone.
Take Profit:
First target: $1.1
Second target: $1.3
Third target: $1.4
Stop Loss: Place the stop loss at a daily close below $0.7.
📊 Monitor for any pullbacks into the buy zone and adjust your entry accordingly! #JUP #CryptoTrading #TrendReversal 🎯
Jupiter Crypto Price Prediction: JUP Could Fall to $0.7 SoonBINANCE:JUPUSDT slid more than 2% in the past 24 hours to trade at $0.7598 at press time.
Despite the recent retracement, the JUP price is still over 3% in the green on the weekly timeframe.
The Jupiter crypto price is testing the key support level at $0.7580. Should the altcoin fall below this critical price point, it could be at risk of plummeting to the subsequent support at $0.7. Conversely, JUP closing the next two 4-hour candles above $0.7580 might invalidate the bearish thesis. In this alternative scenario, the crypto could rise to as high as $0.83.
Technical indicators on JUP’s 4-hour chart warn that the Jupiter crypto price could drop in the coming 24 hours. More specifically, the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI) and Exponential Moving Average (EMAs) are showing bearish signs.
Throughout the past day of trading, the RSI dropped below its Simple Moving Average (SMA) line to signal that sellers gained the upper hand against buyers on the 4-hour chart. Should bears decide to capitalize on this advantage, it might be easier for sellers to pull the Jupiter crypto price down in the next 24 hours than it will be for buyers to push it up.
Meanwhile, the MACD line is on the verge of breaking down below the MACD Signal line. These two lines intersecting in the next 12 hours will result in a major bearish technical flag being triggered. Traders might also see this as an indication that JUP has entered a negative short-term phase.
Concurrently, the 9 EMA is collapsing in on the 20 EMA, which could be a sign that momentum over the past nine 4-hour candles has been more bearish than the momentum over the last twenty candles. If the 9 EMA crosses under the 20 EMA, it could signal a negative shift in JUP’s price action.
BUYING JUP HERE WITH EASY INVALIDATION!!Hey everyone!
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JUP looks good here. Forming a falling wedge-like structure in the daily time frame and holding the support (Green box) very well so far and bouncing from here. Buy some here and add more in the dip.
Entry range:- $0.64-$0.74
Targets:- $0.86/$1.02/$1.38/$1.62
SL:- Daily close below $0.62
JUP Long Trade SetupCurrent Situation:
Fundamental News:
JUP is looking to burn 30% of its supply, reducing the total supply from 10B to 7B tokens.
The team, including co-founders, has pledged to extend their vesting period to June 2026, demonstrating a long-term commitment to the project's success.
Technical Analysis:
The price is currently forming a double bottom, a bullish reversal pattern.
We will look for the 0.7579 area of support to hold and watch for signs of a shift in structure towards the upside to enter the trade.
Trade Strategy:
Entry Point: Enter a long position in the range of $0.78 to $0.84.
Take Profit Targets:
First Target: $0.98
Second Target: $1.12
Stop Loss: Set a stop loss at $0.684 to manage risk.
Summary:
JUP's proposal to burn 30% of its supply and the extended vesting commitment by its team are strong indicators of potential long-term success. Technically, the double bottom pattern suggests a possible bullish reversal. The trade strategy involves entering at $0.78 to $0.84, with profit targets at $0.98 and $1.12. The stop loss is set at $0.684 to limit downside risk.
JUP looks bearishIt looks like we had a big wave A that is over.
Now it has entered the big B wave.
A big B wave looks like an ABC.
Wave b of B looks like a diametric that is over.
We now seem to be in wave c of B.
If the price reaches the supply range, we will look for sell/short positions
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You