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📈🚀“Solana’s Next Wave: Why JUP, WIF & Pengu Could Deliver Massive Returns”💰💥
$JUP $WIF $PENGU
The Solana ecosystem is evolving fast, and mid-cap tokens are positioned to benefit the most. Three standouts — Jupiter, WIF, and Pengu — have strong fundamentals, powerful narratives, and communities that continue to grow.
Jupiter is becoming Solana’s liquidity infrastructure. As the ecosystem expands with new DEXs, memecoins, NFT markets, and games, Jupiter sits at the center. Any increase in trading volume directly benefits JUP holders. With more features and integrations launching, JUP has long-term potential beyond the hype cycles.
WIF remains the king of Solana memecoins. It represents culture, humor, and community — all core elements of modern crypto. Unlike most memes that disappear quickly, WIF has become a brand. It’s listed widely, widely recognized, and deeply memed. If memecoins explode again, WIF could quickly become a top performer.
Pengu is one of the newer Solana memes gaining serious momentum. It has strong engagement, a rapidly growing fanbase, and viral potential. Younger memecoins often outperform in early stages, and Pengu fits that pattern perfectly.
What makes these three unique is how they complement Solana’s growth:
Jupiter benefits from Solana’s rising trading volumes
WIF benefits from Solana’s meme culture
Pengu benefits from new retail attention
As more users migrate to Solana for cheaper fees and faster transactions, these mid-cap tokens could be among the biggest gainers. With Solana’s momentum accelerating, JUP, WIF, and Pengu have everything needed for explosive upside.
#JupiterJUP
#WİF
#pengubullish
$JUP $WIF $PENGU
The Solana ecosystem is evolving fast, and mid-cap tokens are positioned to benefit the most. Three standouts — Jupiter, WIF, and Pengu — have strong fundamentals, powerful narratives, and communities that continue to grow.
Jupiter is becoming Solana’s liquidity infrastructure. As the ecosystem expands with new DEXs, memecoins, NFT markets, and games, Jupiter sits at the center. Any increase in trading volume directly benefits JUP holders. With more features and integrations launching, JUP has long-term potential beyond the hype cycles.
WIF remains the king of Solana memecoins. It represents culture, humor, and community — all core elements of modern crypto. Unlike most memes that disappear quickly, WIF has become a brand. It’s listed widely, widely recognized, and deeply memed. If memecoins explode again, WIF could quickly become a top performer.
Pengu is one of the newer Solana memes gaining serious momentum. It has strong engagement, a rapidly growing fanbase, and viral potential. Younger memecoins often outperform in early stages, and Pengu fits that pattern perfectly.
What makes these three unique is how they complement Solana’s growth:
Jupiter benefits from Solana’s rising trading volumes
WIF benefits from Solana’s meme culture
Pengu benefits from new retail attention
As more users migrate to Solana for cheaper fees and faster transactions, these mid-cap tokens could be among the biggest gainers. With Solana’s momentum accelerating, JUP, WIF, and Pengu have everything needed for explosive upside.
#JupiterJUP
#WİF
#pengubullish
$JUP Long Liquidation Carnage! 💥
A jaw-dropping $15.39K in JUP longs was wiped out at $1.30117, sending shockwaves through the market!
The bears have unleashed chaos, leaving traders reeling from the fallout.
Is this the beginning of a brutal sell-off, or will JUP defy the odds and stage a bold comeback?
The stakes have never been higher—$JUP is primed for its next explosive move! Stay vigilant!
#JupiterJUP
#ETHOnTheRise
#XRPReclaimsTop3
#Share1BNBDaily
#CryptoZombieUprising
AA
A jaw-dropping $15.39K in JUP longs was wiped out at $1.30117, sending shockwaves through the market!
The bears have unleashed chaos, leaving traders reeling from the fallout.
Is this the beginning of a brutal sell-off, or will JUP defy the odds and stage a bold comeback?
The stakes have never been higher—$JUP is primed for its next explosive move! Stay vigilant!
#JupiterJUP
#ETHOnTheRise
#XRPReclaimsTop3
#Share1BNBDaily
#CryptoZombieUprising
AA
$JUP ERUPTS IN THE MARKET CHAOS!
A thunderous long liquidation has struck — $3.56K wiped out at $0.98889!
The bulls dared to reach for glory, only to face the wrath of JUP as it flipped the script and set the market ablaze.
$JUP isn’t just a player — it’s a market disruptor, commanding attention and leaving no room for hesitation.
With every move, it reshapes the landscape, pulling traders into its unstoppable vortex.
This is the turning point. Will you harness the power of JUP or stand on the sidelines as it carves its name in market history?
Act now, because $JUP waits for no one!
#JupiterJUP
#PENGUOpening
#BinanceAlpha
#USUALSpotPrediction
#BTCNewATH
A thunderous long liquidation has struck — $3.56K wiped out at $0.98889!
The bulls dared to reach for glory, only to face the wrath of JUP as it flipped the script and set the market ablaze.
$JUP isn’t just a player — it’s a market disruptor, commanding attention and leaving no room for hesitation.
With every move, it reshapes the landscape, pulling traders into its unstoppable vortex.
This is the turning point. Will you harness the power of JUP or stand on the sidelines as it carves its name in market history?
Act now, because $JUP waits for no one!
#JupiterJUP
#PENGUOpening
#BinanceAlpha
#USUALSpotPrediction
#BTCNewATH
Jupiter (JUP) Price Update 🚨
🔹️ Current Price: $1.05872 (down -5.98% in 24h)
🔹️ All-Time High: $1.83929 (Apr 2024)
🔹️ Market Sentiment: Bullish | Fear & Greed Index: 76 (Extreme Greed)
🔹️ Short-Term: Price may drop more, with support around $1.05 or $0.64.
🔹️ Upside Potential: If it stays above $1.05, it could rise to $1.42 or higher.
🔹️ Long-Term: Bullish outlook if price holds above key support. 🚀
$JUP
#JUPBuybacks #JUP #JupiterJUP
🔹️ Current Price: $1.05872 (down -5.98% in 24h)
🔹️ All-Time High: $1.83929 (Apr 2024)
🔹️ Market Sentiment: Bullish | Fear & Greed Index: 76 (Extreme Greed)
🔹️ Short-Term: Price may drop more, with support around $1.05 or $0.64.
🔹️ Upside Potential: If it stays above $1.05, it could rise to $1.42 or higher.
🔹️ Long-Term: Bullish outlook if price holds above key support. 🚀
$JUP
#JUPBuybacks #JUP #JupiterJUP
$JUP 🎉 Congratulations To Everyone Who Followed Our Call Earlier 🚀💰 TP1 Smashed As we Predicted Earlier 🚀💰 GOOO $0.64 soon📈🚀 $JUP Jumped With +16% gains In Last 24H 💎💥 Exploding Hard Towards $1 ❗ $JUP
#JupiterJUP
#JupiterJUP
Jupiter DAO is going to make big choice, that can move the $JUP price.
Proposal: Burning the Litterbox
The Litterbox Trust was created to receive 50% of Jupiter’s onchain revenue and buy back $JUP. Originally meant to boost alignment and build DAO reserves, community feedback now calls for clearer action to benefit all $JUP holders.
The Jupiter DAO will vote on two questions:
1. What should happen to the ≈130M $JUP in the Litterbox (≈4% of supply)?
2. How should future onchain revenues be handled?
Voting begins today on the first question: burn the $JUP in the Litterbox, or not?
#JupiterJUP
Proposal: Burning the Litterbox
The Litterbox Trust was created to receive 50% of Jupiter’s onchain revenue and buy back $JUP. Originally meant to boost alignment and build DAO reserves, community feedback now calls for clearer action to benefit all $JUP holders.
The Jupiter DAO will vote on two questions:
1. What should happen to the ≈130M $JUP in the Litterbox (≈4% of supply)?
2. How should future onchain revenues be handled?
Voting begins today on the first question: burn the $JUP in the Litterbox, or not?
#JupiterJUP
Orca vs. Jupiter: An In-Depth Look at Solana's Top DEXs
In the bustling ecosystem of Solana, decentralized exchanges (DEXs) like Orca and Jupiter have carved out significant niches, each bringing unique features to the table. Let's delve into what sets these two apart:
#Orca
- **Overview**: Orca is one of the earliest and most user-friendly DEXs on the Solana blockchain. It's known for its simplicity and has positioned itself as the "DeFi for people, not programs," emphasizing accessibility.
- **Key Features**:
- **Whirlpools**: Orca introduced a liquidity mechanism called "whirlpools," which optimizes liquidity concentration, allowing for better capital efficiency and reduced slippage for traders.
- **User Experience**: Focuses on an intuitive interface, making it a go-to for users new to DeFi or those who prefer simplicity.
- **Token**: $ORCA, used for governance and as a utility token within its ecosystem.
- **Strengths**:
- High liquidity especially in stablecoin pools.
- User-friendly for newcomers to DeFi.
- Innovative liquidity models like whirlpools.
- **Challenges**:
- Might lack the extensive token support or advanced trading features that more technically inclined traders might seek.
#JupiterJUP
- **Overview**: Jupiter stands out as a DEX aggregator, not just an exchange. It's designed to scan through various DEXs within Solana to provide the best swap rates and liquidity routes for any token pair.
- **Key Features**:
- **Liquidity Aggregation**: Jupiter pulls liquidity from multiple sources like Serum, Raydium, and Orca itself to offer optimal swap rates.
- **Advanced Trading Options**: Offers features like limit orders, dollar-cost averaging (DCA), and perpetual futures, making it more versatile for different trading strategies.
- **Token**: $JUP, which not only powers governance but also enhances the platform's ecosystem through various utilities.
- **Strengths**:
- Best-in-class for finding the best swap rates across Solana's DEX landscape.
- Supports a broad range of tokens, enhancing its utility beyond just simple swaps.
- Community-driven with ongoing development towards becoming a full-stack decentralized ecosystem.
- **Challenges**:
- The interface might be less intuitive for absolute beginners due to its feature-rich environment.
- Relies on the liquidity of other DEXs, which could sometimes be a bottleneck if those sources are dry.
### **Key Differences**
- **Focus**: Orca emphasizes simplicity and user experience, whereas Jupiter aims at efficiency, aggregation, and advanced trading features.
- **Liquidity Management**: Orca's whirlpools provide concentrated liquidity, potentially reducing slippage. Jupiter, however, searches for liquidity across the ecosystem, potentially finding better rates but dependent on external liquidity.
- **Token Utility**: Both tokens serve governance, but $JUP might have broader utility across different services within Jupiter's expanding ecosystem.
- **Trading Complexity**: Orca offers straightforward swaps with its unique liquidity model. Jupiter, with its aggregator function and additional trading tools, caters more to those looking for advanced trading strategies.
In conclusion, your choice between Orca and Jupiter might depend on your trading style, experience level, and what you're looking for in a DeFi platform:
- **Orca** for those who prioritize ease of use, good liquidity in certain pools, and want to explore innovative liquidity options like whirlpools.
- **Jupiter** for traders seeking the best possible rates, a wider range of tokens, and more sophisticated trading options.
Both platforms contribute uniquely to Solana's DeFi landscape, showcasing the diversity and innovation within this blockchain's community.
#Orca
- **Overview**: Orca is one of the earliest and most user-friendly DEXs on the Solana blockchain. It's known for its simplicity and has positioned itself as the "DeFi for people, not programs," emphasizing accessibility.
- **Key Features**:
- **Whirlpools**: Orca introduced a liquidity mechanism called "whirlpools," which optimizes liquidity concentration, allowing for better capital efficiency and reduced slippage for traders.
- **User Experience**: Focuses on an intuitive interface, making it a go-to for users new to DeFi or those who prefer simplicity.
- **Token**: $ORCA, used for governance and as a utility token within its ecosystem.
- **Strengths**:
- High liquidity especially in stablecoin pools.
- User-friendly for newcomers to DeFi.
- Innovative liquidity models like whirlpools.
- **Challenges**:
- Might lack the extensive token support or advanced trading features that more technically inclined traders might seek.
#JupiterJUP
- **Overview**: Jupiter stands out as a DEX aggregator, not just an exchange. It's designed to scan through various DEXs within Solana to provide the best swap rates and liquidity routes for any token pair.
- **Key Features**:
- **Liquidity Aggregation**: Jupiter pulls liquidity from multiple sources like Serum, Raydium, and Orca itself to offer optimal swap rates.
- **Advanced Trading Options**: Offers features like limit orders, dollar-cost averaging (DCA), and perpetual futures, making it more versatile for different trading strategies.
- **Token**: $JUP, which not only powers governance but also enhances the platform's ecosystem through various utilities.
- **Strengths**:
- Best-in-class for finding the best swap rates across Solana's DEX landscape.
- Supports a broad range of tokens, enhancing its utility beyond just simple swaps.
- Community-driven with ongoing development towards becoming a full-stack decentralized ecosystem.
- **Challenges**:
- The interface might be less intuitive for absolute beginners due to its feature-rich environment.
- Relies on the liquidity of other DEXs, which could sometimes be a bottleneck if those sources are dry.
### **Key Differences**
- **Focus**: Orca emphasizes simplicity and user experience, whereas Jupiter aims at efficiency, aggregation, and advanced trading features.
- **Liquidity Management**: Orca's whirlpools provide concentrated liquidity, potentially reducing slippage. Jupiter, however, searches for liquidity across the ecosystem, potentially finding better rates but dependent on external liquidity.
- **Token Utility**: Both tokens serve governance, but $JUP might have broader utility across different services within Jupiter's expanding ecosystem.
- **Trading Complexity**: Orca offers straightforward swaps with its unique liquidity model. Jupiter, with its aggregator function and additional trading tools, caters more to those looking for advanced trading strategies.
In conclusion, your choice between Orca and Jupiter might depend on your trading style, experience level, and what you're looking for in a DeFi platform:
- **Orca** for those who prioritize ease of use, good liquidity in certain pools, and want to explore innovative liquidity options like whirlpools.
- **Jupiter** for traders seeking the best possible rates, a wider range of tokens, and more sophisticated trading options.
Both platforms contribute uniquely to Solana's DeFi landscape, showcasing the diversity and innovation within this blockchain's community.
🌌 The BLoveDApp Token (BLD) is about to touch down on Jupiter Swap! 🚀
But this is just one stop on our cosmic journey—more listings are on the horizon! 🌠
Where do you think we’re landing next?
Drop your guesses below and join us as we reach for the moon! 🌕✨
#blovedapp #JupiterJUP
But this is just one stop on our cosmic journey—more listings are on the horizon! 🌠
Where do you think we’re landing next?
Drop your guesses below and join us as we reach for the moon! 🌕✨
#blovedapp #JupiterJUP
See original
if you were previously elig #Airdrop #JupiterJUP please check on the pudgypenguin website to claim $PENGU tokens and prepare sol for gas fees. then send to binance because in 30 minutes the trade will open.
#JUP : Is "Jupiter" a Good Investment?
$JUP
#Jupiter🪐
#JupiterJUP
#Jupiter(JUP)
”Should I invest in Jupiter CryptoCurrency?"
"Should I buy JUP today?"
According to our Forecast System,JUP is an awesome long-term (1-year) investment*.
We predict future values with technical analysis for wide selection of digital coins like Jupiter. If you are looking for virtual currencies with good return, JUP can be a profitable investment option. Jupiter price equal to 1.014 USD at 2024-11-26. If you buy Jupiter for 100 dollars today, you will get a total of 98.666 JUP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2029-11-24 is 5.195 US Dollars. With a 5-year investment, the revenue is expected to be around +412.33%. Your current $100 investment may be up to $512.33 in 2029.
Current Price: 1.014 USD
#Jupiter(JUP) Target Price :
Jupiter price target in 14 days: 1.340 USD* upside and 0.943 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Calculation For Trading:
Resistance Level (R3): 2.646
Resistance Level (R2): 1.904
Resistance Level (R1): 1.486
Pivot Point: 0.743
Support Level (S1): 0.326
Support Level (S2): -0.417
Support Level (S3): -0.835
Click Here 👉👉 & Don’t miss a thing! Follow us for all of our latest posts and updates!
Disclaimer: This list is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
(*) This data could be outdated. Research done on: 26-11-2024
#Jupiter🪐
#JupiterJUP
#Jupiter(JUP)
”Should I invest in Jupiter CryptoCurrency?"
"Should I buy JUP today?"
According to our Forecast System,JUP is an awesome long-term (1-year) investment*.
We predict future values with technical analysis for wide selection of digital coins like Jupiter. If you are looking for virtual currencies with good return, JUP can be a profitable investment option. Jupiter price equal to 1.014 USD at 2024-11-26. If you buy Jupiter for 100 dollars today, you will get a total of 98.666 JUP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2029-11-24 is 5.195 US Dollars. With a 5-year investment, the revenue is expected to be around +412.33%. Your current $100 investment may be up to $512.33 in 2029.
Current Price: 1.014 USD
#Jupiter(JUP) Target Price :
Jupiter price target in 14 days: 1.340 USD* upside and 0.943 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Calculation For Trading:
Resistance Level (R3): 2.646
Resistance Level (R2): 1.904
Resistance Level (R1): 1.486
Pivot Point: 0.743
Support Level (S1): 0.326
Support Level (S2): -0.417
Support Level (S3): -0.835
Click Here 👉👉 & Don’t miss a thing! Follow us for all of our latest posts and updates!
Disclaimer: This list is for informational purposes only and should not be considered as investment advice. Cryptocurrency markets are highly volatile, and prices can fluctuate rapidly.
(*) This data could be outdated. Research done on: 26-11-2024
🔍 Current snapshot of$JUP :
Price: about US $4.50 per JLP.
Investing.com
+3
CoinGecko
+3
Bitget
+3
Market cap: ~ US $1.8 billion.
CoinMarketCap
+1
24h trading volume: ~ US $38-40 million.
CoinGecko
+1
Performance: The token is down from its recent all-time high (~US $6.00) by roughly 20-25%.
Bitget
+1
Technical sentiment: According to various indicators, the outlook is bearish/weak (e.g., many moving averages suggest “Strong Sell”).
Investing.com
+1
✅ What’s positive
JLP is part of the Solana ecosystem, which continues to have active DeFi activity and liquidity flows.
Despite the pull-back from highs, the token still sits at a valuation that appears relatively robust given its market cap and volume.
The underlying utility (liquidity provider token for perpetuals) means there’s structural demand (borrow fees, liquidity pools) rather than purely speculative demand.
CoinGecko
+1
⚠️ What to watch / risks
The technical indicators show weak momentum and many “sell” signals. For example, the 14-day RSI is ~35, which is low (closer to oversold) but also indicates weak buying pressure.
Investing.com
A pull-back from its ATH means some earlier gains have been given back — risk of further downside if sentiment worsens.
As with many DeFi / token projects, broader crypto-market risk and macroeconomic factors can hit it hard (liquidity drains, regulatory changes, Solana network issues).
Liquidity provider tokens carry extra dimensions of risk (impermanent loss, smart contract risk, leverage exposure) beyond just token price moves.#jupiter #JupiterJUP
Price: about US $4.50 per JLP.
Investing.com
+3
CoinGecko
+3
Bitget
+3
Market cap: ~ US $1.8 billion.
CoinMarketCap
+1
24h trading volume: ~ US $38-40 million.
CoinGecko
+1
Performance: The token is down from its recent all-time high (~US $6.00) by roughly 20-25%.
Bitget
+1
Technical sentiment: According to various indicators, the outlook is bearish/weak (e.g., many moving averages suggest “Strong Sell”).
Investing.com
+1
✅ What’s positive
JLP is part of the Solana ecosystem, which continues to have active DeFi activity and liquidity flows.
Despite the pull-back from highs, the token still sits at a valuation that appears relatively robust given its market cap and volume.
The underlying utility (liquidity provider token for perpetuals) means there’s structural demand (borrow fees, liquidity pools) rather than purely speculative demand.
CoinGecko
+1
⚠️ What to watch / risks
The technical indicators show weak momentum and many “sell” signals. For example, the 14-day RSI is ~35, which is low (closer to oversold) but also indicates weak buying pressure.
Investing.com
A pull-back from its ATH means some earlier gains have been given back — risk of further downside if sentiment worsens.
As with many DeFi / token projects, broader crypto-market risk and macroeconomic factors can hit it hard (liquidity drains, regulatory changes, Solana network issues).
Liquidity provider tokens carry extra dimensions of risk (impermanent loss, smart contract risk, leverage exposure) beyond just token price moves.#jupiter #JupiterJUP
See original
#jup #JupiterJUP #krypto
JUP, Jupiter has now found a good entry price for my liking after the strong correction. For this reason, I just bought JUP Jupiter at $0.74x. It brought me over $1 before the correction and is welcome to do so again. The potential is very large, but in the end, I don't have a crystal ball.
Fact: JUP Jupiter is a big beneficiary of Solana, and often when the #trumpcoin performs well, JUP does too, of course also with SOL Solana, since it is a beneficiary of Solana, but in the end, it is independent of Soland and TrumpCoin.
We will see. I never sell everything after a trade anyway, I always keep some coins and tokens as a moonbag. In good situations, I sell and buy back in lower to gain more shares. I am not married to any coin or token. For me, only the profit and profit shares for a moonbag or increasing the moonbag count.
JUP, Jupiter has now found a good entry price for my liking after the strong correction. For this reason, I just bought JUP Jupiter at $0.74x. It brought me over $1 before the correction and is welcome to do so again. The potential is very large, but in the end, I don't have a crystal ball.
Fact: JUP Jupiter is a big beneficiary of Solana, and often when the #trumpcoin performs well, JUP does too, of course also with SOL Solana, since it is a beneficiary of Solana, but in the end, it is independent of Soland and TrumpCoin.
We will see. I never sell everything after a trade anyway, I always keep some coins and tokens as a moonbag. In good situations, I sell and buy back in lower to gain more shares. I am not married to any coin or token. For me, only the profit and profit shares for a moonbag or increasing the moonbag count.
🚀 Jupiter announces a buyback plan! Starting Monday, 50% of protocol fees will be used to buy & lock up $JUP for 3 years.
🔥 Plus, a transparency dashboard goes live next week!
#crypto #jupiter #JupiterJUP
🔥 Plus, a transparency dashboard goes live next week!
#crypto #jupiter #JupiterJUP
JUPITER BREAKPOINT
Jupiter will host several community events during the Breakpoint cycle, the most notable of which may be the keynote speech by co-founder SIONG on September 20th from 11:55 AM to 12:10 PM (UTC+8).
During last year’s Breakpoint cycle, Jupiter announced an airdrop plan, and this year is expected to see another major reveal, perhaps a mobile app or other major product update.
Potential positive developments:
1. Jupiter mobile app;
2. Other major product updates.
#JupiterJUP #jup #Token2049 #SolanaBreakpoint #Breakpoint2024
During last year’s Breakpoint cycle, Jupiter announced an airdrop plan, and this year is expected to see another major reveal, perhaps a mobile app or other major product update.
Potential positive developments:
1. Jupiter mobile app;
2. Other major product updates.
#JupiterJUP #jup #Token2049 #SolanaBreakpoint #Breakpoint2024
Both Coin is losing it's valo .. what should I do, hold or sell? $BNB $JUP #BNBToken #JupiterJUP #TradingMadeEasy
#JupiterJUP
JUP/USDT ( UPDATE )
JUP buying volume is slowly slowly increasing on 1h time frame and currently it's trading in a pattern, breakout from the pattern can lead to a good pump towards 1.50 and above.
#mi_395
$JUP
JUP/USDT ( UPDATE )
JUP buying volume is slowly slowly increasing on 1h time frame and currently it's trading in a pattern, breakout from the pattern can lead to a good pump towards 1.50 and above.
#mi_395
$JUP
$JUP = 1.90?🔥🔥⚡⚡
🚀 $JUP Next Move: Can Jupiter ($JUP ) Reach $1.90?
Jupiter (JUP) is showing promising signs of a potential breakout as bullish patterns emerge, sparking optimism among traders. 📈
Key Highlights:
1️⃣ Bullish Momentum Builds: A decline in Exchange Netflow suggests market participants are holding their JUP tokens, reducing supply on exchanges. Open Interest has also risen 2.62% in the last 24 hours, now at $169.02M, reflecting growing market confidence.
2️⃣ Technical Breakthrough: JUP recently broke the neckline of a cup-and-shoulders pattern at $1.2663, signaling the possibility of a significant rally. If the pattern holds, JUP could surge to $1.90, a new all-time high, with a potential 49.96% gain.
3️⃣ Market Liquidation Imbalance: Long liquidations dominate ($226,090 vs. $1,470 for shorts), indicating bearish pressure still lingers.
What to Watch
While bullish sentiment is evident, the disparity in liquidations suggests caution. If JUP sustains its upward momentum, it could overcome the bearish hurdles and establish a new high.
Will JUP rally to $1.90 or face resistance? Share your thoughts below!
Always DYOR!
#Jupiter🪐 #JupiterJUP
🚀 $JUP Next Move: Can Jupiter ($JUP ) Reach $1.90?
Jupiter (JUP) is showing promising signs of a potential breakout as bullish patterns emerge, sparking optimism among traders. 📈
Key Highlights:
1️⃣ Bullish Momentum Builds: A decline in Exchange Netflow suggests market participants are holding their JUP tokens, reducing supply on exchanges. Open Interest has also risen 2.62% in the last 24 hours, now at $169.02M, reflecting growing market confidence.
2️⃣ Technical Breakthrough: JUP recently broke the neckline of a cup-and-shoulders pattern at $1.2663, signaling the possibility of a significant rally. If the pattern holds, JUP could surge to $1.90, a new all-time high, with a potential 49.96% gain.
3️⃣ Market Liquidation Imbalance: Long liquidations dominate ($226,090 vs. $1,470 for shorts), indicating bearish pressure still lingers.
What to Watch
While bullish sentiment is evident, the disparity in liquidations suggests caution. If JUP sustains its upward momentum, it could overcome the bearish hurdles and establish a new high.
Will JUP rally to $1.90 or face resistance? Share your thoughts below!
Always DYOR!
#Jupiter🪐 #JupiterJUP
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