BUY JUPThis is the best app on Solana. Price has been decimated, sentiment has been wrecked. Fundementals have only gotton better. Medium cap alts have yet to pump. I wish I had money to buy more JUP here. This is very low risk/medium reward play. I still think there's a reasonable change it dips to $0.38 first, but it's not worth waiting when it's $0.45 now. If you want save 25% of what you can allocate and bid $0.38 and use the rest to buy now.
Short term target $1.50
Medium/Long term: $8
Step up.
JUPSOL_EIO6HA.USD trade ideas
JUP Ascending Triangle ReversalMCAP: 1.5B
FDV: 3.5B
TA: The chart shows a clear Ascending Triangle Reversal. You can find the details of this pattern on page 95 of this book: themarket101.wordpress.com
Sentiment: Once one of the most loved coins on Twitter. Now it's rarely mentioned or mentioned negatively.
Fundementals: JUP is the only reasonable place to trade on Solana. JUP is clearly the best app on Solana and it's not even close. It's integrated with almost all DEXs and charges no extra fee. Beyond simple spot trading they're constantly releasing new applications. Here's a list of some of their features: dex aggragator, limit orders, perp trading, JLP (index fund + perp fees), lending/borrowing, portfolio tracker, token launchpad.
Prediction: I believe the correct price for JUP is 10$ of Solana's FDV. With Solana at 126B, JUP should be worth 12.6B. At current FDV JUP should 3.6x against SOL I expect SOL to 5x before the end of the year so JUP will 18x in USD terms topping around $8-$10
JUPITER ($JUPUSD)—SOLANA’S DEFI STAR SHINES?JUPITER (JUP)—SOLANA’S DEFI STAR SHINES?
(1/9)
Good morning, X! Jupiter (JUP) is buzzing 💸 $ 3.7B Nov ‘23 volume, $ 1.07 price 🌍 Q1 ‘25 let’s unpack this crypto contender!
(2/9) – VOLUME HUM
• Nov ‘23: $ 3.7B—Solana DEX lead 💡
• Jan ‘25: $ 3M revenue—fees stack 📊
• Supply: 1.35B JUP—$ 1.45B cap 🌟
JUP’s hauling—Solana’s DeFi engine!
(3/9) – CASH GLOW
• Fees: 500K−650K daily—Ultra Mode 🚀
• Buyback: 50% fees snag JUP—locked 🌞
• Price: $ 1.07—down 65% from $ 1.85 💎
JUP’s cash flows—steady grind!
(4/9) – BIG MOVES
• Buyback: 16M+ JUP/mo.—supply shrinks 📈
• Sanctum: SOL debit card—real spend 🌐
• Features: DCA, futures—DeFi zip 🚗
JUP’s stretching—crypto’s toolbox!
(5/9) – RISKS ON TAP
• Delay: Mainnet lags—Q1 ‘25 wobbles ⚠️
• Control: Team grips—central snag 🔒
• Comp: Uniswap bites—tight race 📉
Hot buzz—can it dodge the traps?
(6/9) – SWOT: STRENGTHS
• Lead: $ 3.7B vol.—Solana champ 💪
• Cash: $ 3M Jan—fee beast 🏋️
• Tools: Swap, futures—steady juice 🌱
JUP’s a DeFi hauler—built tough!
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES
• Weaknesses: Token lock, 65% drop—eek 🙈
• Opportunities: Buybacks, Solana lift—zing 🌏
Can JUP vault past the snags?
(8/9) – JUP’s $ 1.07 buzz—what’s your take?
1️⃣ Bullish—$ 3+ stacks up 😎
2️⃣ Neutral—Solid, risks linger 🤷
3️⃣ Bearish—Dips below $ 0.63 😕
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
JUP’s $ 3.7B vol and $ 1.07 price pile up—Solana hauler 🪙 Buybacks spark, risks loom—gem or bust?
[JUP] JUPITER with a possible increase of (+80%) to (+100%)Jupiter is holding above value area low and poc from apr 2024 to now and it is showing great momentum to keep climbing up, moneyflow is rising in the higher timeframes, vwap pointing up and it seems that it will try to get to $1.11 soon, a weekly candle close above $0.82 will be good for continuation. If it could maintain above $1.11 in the next weeks it will have a great chance to reach the target. The target is between fibonacci extension levels from jun low to jul high to sep 2024 low, fibonacci retracement level from apr 2024 high to jun 2024 low, weekly level and value area high from mar to apr 2024.
TARGET: $1.60 to $1.83 up to (+100%)
Long Jupiter USDT Retest after BreakoutYou can see here my minds of JUPUSDT.
Bullish
- Retest after triangle Breakout with Target about 2-2,1usd
- w-formation with Target last ATH 1,82usd
- 61,8 Fib retracement reached
- good projekt with only 1,3B USD Marketcap
- 200h MA is reached
- rsi oversold
Bearish
- secondary uptrend was broken due to flash crash
- 2nd day confirmation of this will continue short term downtrend
- low marketcap - volatility will be quite high
- potential short term snap back ralley
Dragonfly DojiA dragonfly doji has appeared, followed by a green candle. If two more green candles follow afterward, it will create a morning star, continuing the upward trend that started at the beginning of this month. Be aware of a small retrace before the next baby pump. Resistance-$0.92 Support-$0.79.