After initiating a short pullback this week, Jup found support nearby and continued to show strength. It is negotiating the next major move as the price stalls near a two-month resistance, looking poise for a breakout. Crossing over into this month bearishly, Jup charted a loss for some days but […]
Tag: Jupiter
Jupiter Exchange Announces $2.37B $JUP Token Burn Following Governance Vote
Jupiter Exchange has announced a significant decision following a recent governance vote: 30% of its $JUP team tokens will be burned. This proposal, which received overwhelming support with 95% of votes in favor, will see 3 billion $JUP tokens, valued at over $2.37 billion, burned over the next six months. […]
JUPITER PRICE ANALYSIS & PREDICTION (July 18) – JUP Rejects $1.2 But Can It Overcome Following This Bullish Pattern?
Following a short break in buying, JUP took a little downturn this week and resumed positive actions after finding support nearby. It appeared bullish and ready to tap more highs but faced rejection at a key level. Last week appeared more volatile across the crypto space following a two-week recovery […]
JUPITER PRICE ANALYSIS & PREDICTION (July 18) – JUP Sees 20% Weekly Recovery Near $1, Can It Sustain Momentum?
JUP’s price jumped by another 10% today in continuation of the latest recovery, although is yet to break out of its bearish structure on the daily chart. It appeared bullish but is now facing a psychological level. A few days ago, JUP traded as low as $0.64 after losing more […]
JUPITER PRICE ANALYSIS & PREDICTION (May 8) – JUP Stays Strong Amid Latest Market Drops, Up 4% Daily
JUP is up 4% today amid the overall market deduction. However, it appeared to be facing a key resistance as it stages a new swing high. Failure to push through could invalidate the current bullish signal. Jupiter’s native token – JUP has been gaining traction for a straight week as […]