- JUP consolidates at $0.55, RSI signals more upside ahead.
- Bollinger Bands expand as Jupiter approaches critical resistance breakout zone.
- Jupiter price forecast sees $1 milestone possible by 2026.
Jupiter (JUP), a token trading on Kraken, has been showing steady resilience in recent weeks. As of the latest daily close, JUP is priced at $0.54749, after briefly testing resistance near $0.562. The asset has been in an upward trajectory since late August, gaining momentum as volatility expands. Traders are now closely watching whether JUP can sustain this momentum and push toward the psychological $0.60 level, a critical milestone for broader bullish sentiment.
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Technical Analysis
Bollinger Bands Indicate Rising Volatility
The Bollinger Band formation is painting a picture of growing volatility. The lower band sits at $0.4604, the 20-day simple moving average rests at $0.5113, and the upper band is positioned at $0.5621. JUP’s recent test of the upper band highlights strong buying activity but also reflects short-term resistance.
Over the past month, the Bollinger Bands have widened after a period of contraction. This expansion typically signals the start of a larger market move. If JUP breaks convincingly above $0.562, the price could rally toward $0.60 and beyond. However, failure to breach this level could trigger a retest of the middle band around $0.511.
RSI Shows Bullish Strength but Not Overbought
The Relative Strength Index (RSI 14) currently stands at 58.44, with its moving average at 53.30. This reading suggests that JUP is neither oversold nor overbought, leaving room for continued growth. The RSI’s gradual climb indicates sustained bullish momentum without the immediate risk of exhaustion. Traders should still remain alert: if the RSI surges above 70, it could trigger profit-taking and short-term corrections.
Support and Resistance Levels
For now, the most critical support level lies at $0.511, the 20-day simple moving average that has served as a pivot point in recent sessions. If selling pressure deepens, the next safety net is around $0.460, aligned with the lower Bollinger Band. On the upside, resistance remains firmly in place at $0.562, and a successful breakout here could propel JUP toward the $0.60 mark. Sustained buying beyond this threshold may set the stage for even greater gains.
Source: Tradingview
JUP (Jupiter) Price Prediction 2025–2029
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $0.40 | $0.55 | $0.75 |
| 2026 | $0.60 | $0.85 | $1.00 |
| 2027 | $0.80 | $1.10 | $1.30 |
| 2028 | $1.00 | $1.30 | $1.60 |
| 2029 | $1.30 | $1.60 | $2.00 |
Year-by-Year Breakdown
2025
In 2025, JUP is expected to maintain an upward bias, trading mostly between $0.40 and $0.55, while bullish surges may push it toward $0.75 by year’s end.
2026
By 2026, stronger adoption in decentralized finance and increased liquidity from new exchange listings could lift JUP to an average of $0.85, with a peak at $1.00.
2027
As blockchain integration deepens, JUP could consolidate above the symbolic dollar mark, stabilizing near $1.10 and surging as high as $1.30.
2028
By 2028, the token may benefit from global blockchain adoption and growing institutional interest, supporting a price range between $1.30 and $1.60.
2029
JUP could push toward the $2.00 mark, driven by mainstream recognition, institutional investment, and the maturing DeFi ecosystem.
Conclusion
Jupiter (JUP) has reached an important crossroads as it consolidates near $0.55, with resistance at $0.562 standing in the way of further gains. Technical indicators remain favorable: the RSI suggests there is room for more upside, and the widening Bollinger Bands point toward heightened volatility.
Over the long term, JUP’s potential appears promising. The token has a realistic chance of hitting $1.00 by 2026, while more ambitious targets around $2.00 by 2029 are possible if adoption trends hold. For investors with a bullish outlook on decentralized finance, Jupiter offers an intriguing opportunity to capitalize on a growing ecosystem.
FAQs
1. Why is JUP struggling at $0.562?
JUP is encountering resistance at the upper Bollinger Band, which often acts as a ceiling for prices during strong rallies. Sellers tend to emerge at this level, locking in profits before deciding on the next move.
2. Is JUP overbought right now?
No, the RSI stands at 58.44, well below the overbought threshold of 70. This indicates that JUP still has room to rise before facing exhaustion signals.
3. What’s the most important support level to watch?
The 20-day simple moving average at $0.511 is the most immediate and critical support level. A break below it could drag the price back toward $0.460, aligned with the lower Bollinger Band.
4. Could JUP reach $2.00 by 2029?
Yes, if decentralized finance adoption continues expanding and Jupiter secures stronger institutional and retail participation, $2.00 by 2029 is achievable.
5. Is JUP a good long-term hold?
For investors confident in the growth of decentralized finance, JUP offers solid long-term potential. Its strengthening technicals and role in blockchain integration suggest that holding through market cycles could be rewarding.
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