{"id":13334,"date":"2025-07-28T11:46:54","date_gmt":"2025-07-28T10:46:54","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=13334"},"modified":"2025-07-28T11:46:56","modified_gmt":"2025-07-28T10:46:56","slug":"jupiter-jup-skyrockets-by-50-in-one-month-but-heres-why-it-could-plunge-today","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/jupiter-jup-skyrockets-by-50-in-one-month-but-heres-why-it-could-plunge-today\/","title":{"rendered":"Jupiter (JUP) Skyrockets by 50% in One Month, but Here’s Why It Could Plunge Today"},"content":{"rendered":"\n

Jupiter in Top Form : A Look at Its Momentum<\/h2>\n\n\n\n

The cryptocurrency Jupiter (JUP)<\/a> has been experiencing a genuine upturn in recent weeks. We’re seeing a growth of over 50% in just one month<\/strong>. After falling to a weekly low of $0.5215, the token reached a local high of $0.6574, marking an impressive jump. Despite this strong performance<\/strong>, JUP still remains far from its all-time high of $2.00 recorded in January 2024.<\/p>\n\n\n\n

\"jupiter<\/figure>\n\n\n\n

On-chain and derivatives data indicate heavy trading activity<\/strong> on Jupiter. The 24-hour spot trading volume has surged by 372%<\/strong>, reaching $189.8 million, signaling renewed investor interest. On the derivatives side, volume has also increased by 238.5%<\/strong> to reach $393.1 million<\/strong>. Additionally, open interest has grown by 22.5%, reflecting an increase in futures positions.<\/p>\n\n\n\n

Massive JUP Unlock : Should We Fear a Drop ?<\/h2>\n\n\n\n

However, one event could disrupt this bullish momentum<\/strong>. According to Tokenomist data, 53.47 million JUP tokens<\/strong>, valued at approximately $33 million, are scheduled to be unlocked on July 28. This represents about 1.28% of the current circulating supply of 3 billion tokens. So far, only 42% of the 7 billion JUP tokens have been released.<\/p>\n\n\n\n

Token unlocks<\/strong> are often accompanied by selling pressure, particularly when market sentiment is positive. Although not all unlocked tokens are necessarily sold, the increase in supply could slow the upward momentum. This would be especially true if traders decide to take their recent profits.<\/p>\n\n\n\n

JUP Trend : More Potential or End of Cycle ?<\/h2>\n\n\n\n

On the technical<\/a> front, Jupiter’s daily chart shows a clearly bullish trend<\/strong>, with the price moving along the upper Bollinger Band. The most recent candle closed at $0.6207, just below the upper limit at $0.6378, suggesting strong positive momentum<\/strong>.<\/p>\n\n\n\n

With a RSI of 65.7, the relative strength index is approaching the overbought zone. This indicates caution is needed if momentum slows, but also demonstrates solid buying interest<\/strong>. Short-term profit-taking could be triggered by a move above 70, confirming overbought conditions<\/strong>.<\/p>\n\n\n\n

If JUP manages to break above $0.6574 with significant volume, it could then target $0.70, supported by increased positioning in derivatives and trend strength. Sustained momentum<\/strong> could even allow it to reach the psychological level of $0.75.<\/p>\n\n\n\n

However, a pullback to the middle Bollinger Band<\/strong> around $0.54 wouldn’t be surprising if the support zone of $0.60-0.58 isn’t maintained. This would be particularly likely after the token unlock. A drop back to $0.50, where a previous accumulation phase occurred, could also be considered if it breaks below this level.<\/p>\n\n\n\n

How to Buy Jupiter on Bitget ?<\/h3>\n\n\n\n

To take advantage of the excitement around JUP,<\/strong> here’s a guide to easily buy it on Bitget<\/a> :<\/p>\n\n\n\n

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  1. Sign up on Bitget<\/strong> : Create an account on the Bitget platform<\/a> via their website or mobile app. Complete identity verification (KYC) to access trading features.<\/li>\n\n\n\n
  2. Deposit funds<\/strong> : Fund your account with cryptocurrencies (USDT, BTC, ETH) or fiat currency via bank card, wire transfer, or other available options.<\/li>\n\n\n\n
  3. Find JUP<\/strong> : Access the trading section and search for the JUP\/USDT or JUP\/BTC pair. Bitget offers both spot and derivatives trading options for JUP.<\/li>\n\n\n\n
  4. Make a purchase<\/strong> : Place a market order for immediate purchase or a limit order to set a target price. Verify the amount before confirming.<\/li>\n<\/ol>\n\n\n\n
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    Buy JUP now on Bitget in just a few clicks !<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n