Jupiter (JUP) edged up to $0.1963 after a small 2% gain in the past day, signaling a tentative move out of its long decline. Trading volume hovered around $25 million, supporting an overall market cap near $640 million.
Crypto analyst Crypto Patel points out that JUP remains trapped in a downtrend, forming lower highs and lows under a descending line. Yet, the $0.28 zone stands as a key battleground. Breaking above this level on the weekly chart could stop the selling and spur a push toward $0.45, then $1, and ultimately $1.85.
Failing that, JUP risks slipping back to short-term support near $0.15. A break below there could open the door to a much deeper drop, with a high-risk range between seven and ten cents.
Meanwhile, Jupiter has just launched Spot V2, a revamped platform merging swap and terminal features into a single interface. It offers traders key market data, trade signals, and analytics all in one place. This upgrade aims to simplify finding and executing trades for users.
Spot V2 gathers market news, sector heat maps, influencer posts, and whale wallet movements, giving traders a full view designed for quick decisions.
This content is for informational purposes and does not serve as financial advice.
