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.
JUPITER
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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JUP/USDT Ready to Reclaim its Position Back? 👀🚀JUP Analysis 💎Paradisers, #JUPUSDT has just grazed the bottom of its ascending channel, setting the stage for a potential climb. Keep your eyes peeled for an upward trajectory as #Jupiter seeks higher grounds.
💎If the price of #JUP struggles to maintain its footing at the channel's lower boundary, we anticipate a bullish pivot from the support at $0.691. This level is primed with rich liquidity, previously sparking significant upward movements with robust green candles.
💎If #JUP dips below this key support, we're looking at a possible bullish bounce from the even lower demand zone at $0.46. Failing to hold this level could lead to enhanced selling pressure.
💎Staying alert and adaptable is crucial as we navigate the evolving dynamics of the #Jupiter market. Keep your strategy flexible and your observations sharp, Paradisers. We're here to help you ride the waves of these market movements.
Long Shadow TokenTraders,
Until BTC gives us something more definitive, I'll be cautious on the long side. Conviction from the market may not occur until after the having, but, as always, we'll be watching the charts for a head start. That being said, there are a few altcoins that I believe are especially attractive right now. One such token is SHDW, a L2 Solana-based token. Recently, Coinbase announce this token listing on the roadmap. This gave SHDW a boost from 1.40 all the way up to 2.90. I am also a long-term hodl'er on this little gem and sold some of my hodl'ings up around 2.60 or so for I beautiful gain. I have since re-entered and along with that re-entry, think it's worth adding to our trade portfolio. Soon (though the date is unknown) it will be listed on Coinbase as well as other major exchanges. And when that happens ...moonshot. TBH, my target of 2.90 is probably rather conservative because once this thing is listed, it will fly. However, true to good trading practices, I will be taking at least some profits at that double-top 2.90 area. I will probably then let the remainder ride, trailing my stops as we go.
To purchase this token, I have connected my wallet on the Jupiter exchange (jup.io). There are a number of wallets that can be utilized but both Metamask and Phantom are also accepted.
Entry - 1.83
Targets - 2.00 and 2.90
SL - 1.29
RRR - 2
Best,
Stew
$JUP 1$ PlanI'm back at LSE:JUP with a large back SPOT ONLY.
This project have a huge potential, you can be bullish on CRYPTOCAP:SOL and bearish on $JUP.
Let's do some math
CRYPTOCAP:ETH ATH Market Cap was 575B$ While CRYPTOCAP:UNI was 24B$, that's 4.2%
Let's take that to CRYPTOCAP:SOL , let's say CRYPTOCAP:SOL will reach 300$ in the bull market.
CRYPTOCAP:SOL at 300$ will take the Market cap to 130B$, at this level LSE:JUP should be at 5.2B$
That's a 4$ for $JUP.
This is not a FA, the math is just for fun.
JUP/USDT Primed for a Bullish Momentum? JUP Analysis 💎Paradisers, let's take a moment to focus on #JUPUSDT, as it's showing signs of a potential breakout from its descending channel pattern.
💎At present, #Jupiter is making a push toward the descending resistance, moving up from the demand zone. This movement opens up the possibility for a price bounce from this zone, aiming for an upward trajectory with the bearish Order Block (OB) as its forthcoming target.
💎Nonetheless, if LSE:JUP doesn't manage to rebound and instead falls below the demand zone, we could see a pullback to the Bullish OB vicinity around the $0.453 mark, where it might gather strength for another upward push.
💎The Bullish OB zone has historically been a key area for initiating strong market recoveries upon contact. But, if this zone fails to hold, indicating a shift to bearish momentum, the price may set a new bullish course from a lower standpoint.
💎In the event that #JUP is unable to capitalize on this momentum from either the current or a subsequent level, a continued descent is likely. Rest assured, your ParadiseTeam is ever-vigilant, prepared to assist you through these shifting market dynamics.
JUP target 2.74h time frame
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JUP is creating a continuation structure since correcting from 1.61. There are two potential structures that JUP would make, first one is triangle, which entry is 1.17, second one is a falling wedge, which entry is 0.9. Therefore, we need to put SL below 0.9 to avoid being liquidated once JUP goes the wedge pattern.
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TP: 2 / 2.7
SL: 0.77
$JUP - Bullish to $10+2021 #UNI
vs
2024 #JUP
Zoom Out n Chill, anon.
CRYPTOCAP:SOL is CRYPTOCAP:ETH from 2021.
#JUP is #UNI from 2021.
#JUP is hands-down the #1 aggregator in the space and is regularly doing more volume than #UNI. However, #JUP is also much more than an aggregator. It is an all-in-one platform for all things Solana, is a perps exchange, a launchpad (with potentially shared revenue via staking), + much much more.
This project will be huge. You know I am bullish on CRYPTOCAP:SOL if you have been following my charts (see all my charts dating back to calling the bottom at $8 CRYPTOCAP:SOL ).
The fractal chart vs #UNI is a good baseline, and circulating market cap helps to put things in perspective where #JUP is at in the greater spectrum.
GL HF.
Elon is going to Mars, We are going to Jupiter.
- @CryptoCurb
(Curb)
#JUP: IS GETTING READY FOR A BIG Move!#JUP/USDT
Jupiter (JUP) is a sophisticated swap aggregation engine that provides critical liquidity infrastructure for the Solana ecosystem. It is also expanding its DeFi (Decentralized Finance) product portfolio, which includes a comprehensive suite of Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.
The coin has experienced a significant surge of 80% in the last two weeks. This could indicate a moment of interest for investors who've had their eye on it.
The suggested strategy for JUP is to accumulate the coin on every dip, meaning investors take advantage of temporary decreases or corrections in stock prices to increase their position. This approach is based on the belief that the overall trend of the coin is positive, and buying during dips could lead to potential profits when the price rises again.
The accumulation zone for JUP is up to $0.6.
#DYOR LSE:JUP BINANCE:JUPUSDT
#JUP/USDT#JUP
The price is moving in a descending triangle and sticking to its boundaries well
We have respect for the lower border of the channel at 0.4600
We have an uptrend on the RSI that the price is following well
Entry price is 0.5126
The first target is 0.5260
The second target is 0.5429
The third goal is 0.5624