Jupiter (JUP) saw a short-term pop this week, but longer-term pressure keeps the token’s outlook cautiously bearish.
What happened
- JUP jumped 6.9% over the last 24 hours while daily trading volume climbed about 32% (CoinMarketCap).
- Market excitement followed the rollout of Jupiter Mobile V3 — billed on X as the “first fully native pro trading mobile platform” — a major mobile-app upgrade for the Solana-based DEX aggregator.
- CryptoDiffer also noted Jupiter’s protocol ranked second-highest for total fees generated in 2025, a statistic that likely supported short-term confidence.
Price action and technicals
- The bigger picture remains negative: Jupiter plunged from $0.258 to $0.169 in December, keeping the higher-timeframe trend and structure bearish.
- The recent 24-hour bounce pushed price toward the psychological $0.20 level, a key resistance that has acted as a supply zone since mid-December and was tested (and held) last week.
- Momentum indicators are mixed: the MACD shows short-term bullish momentum but remains below zero, signaling that bears still have the upper hand. The Accumulation/Distribution (A/D) line has risen over the past two weeks, indicating improving buying interest, though overall buying pressure has been described as underwhelming.
- Fibonacci retracements suggest potential upside targets at roughly $0.224 and $0.239 if the rally extends.
What traders might watch
- A decisive flip of $0.20 from resistance to support would be a key technical signal for lower-timeframe traders looking to target the $0.224–$0.239 zone.
- Failure to reclaim and hold $0.20 could see the token resume its downward structure.
Bottom line
Jupiter’s Mobile V3 launch and the protocol’s strong fee performance have given JUP a short-term boost, but the longer-term technical picture is still dominated by bearish structure. Momentum and volume will be critical in determining whether this uptick turns into a sustained recovery or remains a temporary relief rally.
Disclaimer: This content is for informational purposes only and not investment advice. Cryptocurrency trading is high-risk; do your own research before making any decisions. © 2026 AMBCrypto
Read more AI-generated news on: undefined/news
