- Jupiter (JUP) price prediction for 2024 is $0.5370 to $0.6050.
- Jupiter (JUP) price might reach $1 soon.
- Jupiter (JUP) price prediction for 2024 is $0.4152.
Jupiter (JUP) price prediction 2024, 2025-2030, we will analyze the price patterns of JUP by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
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TABLE OF CONTENTS |
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INTRODUCTION |
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JUPITER (JUP) PRICE PREDICTION 2024 |
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| JUPITER (JUP) PRICE PREDICTION 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Jupiter (JUP) Current Market Status
| Current Price | $0.5375 | 24 – Hour Price Change | 6.14% Up |
| 24 – Hour Trading Volume | $344,596,175 |
| Market Cap | $725,077,943 |
| Circulating Supply | 1,350,000,000 JUP | All – Time High | $2.04 (On Jan 31, 2024) |
| All – Time Low | $0.4703 (On Feb 12, 2024) |
(Source: CoinMarketCap)
What is Jupiter (JUP)
| TICKER | JUP |
| BLOCKCHAIN | Solana |
| CATEGORY | DEX Exchange |
| LAUNCHED ON | January 31, 2024 |
| UTILITIES | Governance, Community Engagement, & Rewards. |
Jupiter serves as Solana’s primary liquidity aggregator, facilitating seamless token trading and optimal route discovery across various DEX markets and AMM pools. Its native cryptocurrency, JUP, launched on January 31, 2024, gained significant investor interest with a 1 billion airdrop.
Jupiter directly connects all DEX markets and AMM pools regardless of the provider, enabling efficient route discovery between any two tokens on Solana. Recognized as one of the industry’s most advanced swap aggregation engines, Jupiter plays a pivotal role in providing essential liquidity infrastructure for the Solana ecosystem. Additionally, Jupiter actively expands its DeFi product suite, offering a comprehensive range of services, including Limit Order, DCA/TWAP, Bridge Comparator, and Perpetuals Trading.
Jupiter (JUP) 24H Technicals
(Source: TradingView)
Jupiter (JUP) Price Prediction 2024
Jupiter (JUP) ranks 98th on CoinMarketCap in terms of its market capitalization. The overview of the JUP price prediction for 2024 is explained below with a daily time frame.
JUP/USDT Descending Channel Pattern (Source: TradingView)
In the above chart, Jupiter (JUP) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.
Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.
At the time of analysis, the price of Jupiter (JUP) was recorded at $0.5375. If the pattern trend continues, then the price of JUP might reach the resistance levels of $0.5381, $0.6077, and $0.6922. If the trend reverses, then the price of JUP may fall to the support of $0.4501.
Jupiter (JUP) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Jupiter (JUP) in 2024.
JUP/USDT Resistance and Support Levels (Source: TradingView)
From the above chart, we can analyze and identify the following as resistance and support levels of Jupiter (JUP) for 2024.
| Resistance Level 1 | $0.5370 |
| Resistance Level 2 | $0.6050 |
| Support Level 1 | $0.4712 |
| Support Level 2 | $0.4152 |
JUP Resistance & Support Levels
Jupiter (JUP) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Jupiter (JUP) are shown in the chart below.
JUP/USDT RVOL, MA, RSI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the current Jupiter (JUP) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.5015Price = $0.5228 (50MA < Price) |
Bullish/Uptrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 42.7675 <30 = Oversold 50-70 = Neutral>70 = Overbought |
Nearly Oversold |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Jupiter (JUP) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Jupiter (JUP) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
JUP/USDT ADX, RVI (Source: TradingView)
From the readings on the chart above, we can make the following inferences regarding the price momentum of Jupiter (JUP).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 21.8957 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 60.52
<50 = Low |
High volatility |
Comparison of JUP with BTC, ETH
Let us now compare the price movements of Jupiter (JUP) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs JUP Price Comparison (Source: TradingView)
From the above chart, we can interpret that the price action of JUP is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of JUP also increases or decreases respectively.
Jupiter (JUP) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Jupiter (JUP) between 2025, 2026, 2027, 2028, 2029, and 2030.
| Year | Bullish Price | Bearish Price |
| Jupiter (JUP) Price Prediction 2025 | $1.5 | $0.4 |
| Jupiter (JUP) Price Prediction 2026 | $2 | $0.35 |
| Jupiter (JUP) Price Prediction 2027 | $2.5 | $0.3 |
| Jupiter (JUP) Price Prediction 2028 | $3 | $0.25 |
| Jupiter (JUP) Price Prediction 2029 | $3.5 | $0.2 |
| Jupiter (JUP) Price Prediction 2030 | $4 | $0.15 |
Conclusion
If Jupiter (JUP) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Jupiter (JUP) price prediction for 2024 is $0.6050. Comparatively, if unfavorable sentiment is triggered, the bearish Jupiter (JUP) price prediction for 2024 is $0.4152.
If the market momentum and investors’ sentiment positively elevate, then Jupiter (JUP) might hit $1 Furthermore, with future upgrades and advancements in the JUP ecosystem, JUP might surpass its current all-time high (ATH) of $2.04 and mark its new ATH.
FAQ
1. What is Jupiter (JUP)?
Jupiter is a liquidity aggregator for the Solana blockchain, facilitating seamless token trading and route discovery across decentralized exchange (DEX) markets and automated market maker (AMM) pools.
2. Where can you buy Jupiter (JUP)?
Traders can trade Jupiter (JUP) in the following cryptocurrency exchanges such as Binance, OKX, Bybit, Bitget, and LBank
3. Will Jupiter (JUP) record a new ATH soon?
With the ongoing developments and upgrades within the Jupiter platform, Jupiter (JUP) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Jupiter (JUP)?
Jupiter (JUP) hit its current all-time high (ATH) of $2.04 on January 31, 2024
5. What is the lowest price of Jupiter (JUP)
According to CoinMarketCap, JUP hit its all-time low (ATL) of $0.4703 on Feb 12, 2024.
6. Will Jupiter (JUP) hit $1?
If Jupiter (JUP) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1 soon.
7. What will be the Jupiter (JUP) price by 2025?
Jupiter (JUP) price might reach $1.5 by 2025.
8. What will be the Jupiter (JUP) price by 2026?
Jupiter (JUP) price might reach $2 by 2026.
9. What will be the Jupiter (JUP) price by 2027?
Jupiter (JUP) price might reach $2.5 by 2027.
10. What will be the Jupiter (JUP) price by 2028?
Jupiter (JUP) price might reach $3 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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- Source: https://thenewscrypto.com/jupiter-jup-price-prediction/
