Jupiter Price Prediction: JUP surges 10% to hit all-time high, but this other Solana Meme coin star lags behind with a 41% gain.
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Jupiter price is up 10% in the last 24 hours. Traded for $0.9514 As of 7:52 a.m. EST, trading volume had surged 51% to $407 million.
Jupiter’s price is showing upward momentum and has hit all-time highs, helping it solidify its position as the second-largest decentralized exchange (DEX) behind Uniswap.
Jupiter Price: Exciting Buy on Consolidated Channel
JUPUSDT Analysis by Tradingview
With the support area at $0.4620 acting as a launching pad and helping the bulls push the price higher, Jupiter price broke above the consolidation channel and surpassed the January 2024 high of $0.8702.
Despite experiencing a temporary downturn, the bulls seized the opportunity presented by the $0.5304 support level and pushed the price higher in a bullish rally that pushed it past the $0.65 high. This surge also forms a cup and handle pattern, indicating a continuation of the bullish trend.
Jupiter’s price action currently shows strength and resilience with the token trading above the 50 and 200 simple moving averages (SMAs) on the 4-hours chart, which act as immediate support for the Jupiter price.
Moreover, the moving average intersection at $0.4968 confirms the overall bullish momentum, empowering the bulls to continue their bullish stance above the consolidation phase.
Despite hinting at a slight pullback, the Relative Strength Index (RSI) is still up at 71, well within overbought territory above 70. If the upward momentum continues, RSI could move higher into overbought territory, reinforcing the prevailing bullish sentiment.
Jupiter prices may fall in the short term
The Jupiter price rally pushed the price past its high of $0.8702 to reach a new all-time high (ATH) of $0.9887. However, the bulls stopped generating additional profits, encouraging the bears to push the price through the correction phase.
If the bearish correction continues, the bears could fall to $0.8033. Pushing further to the downside, we see the bulls retreating to the upper boundary of the consolidation channel.
If you missed the Jupiter price surge, you can diversify your portfolio with SMOG. SMOG promised the largest airdrop launch in history and easily surpassed JUP with a 41% surge today.
SMOG Meme Coin: The Next 100X Crypto Jewelry
smog has continued to deliver impressive performance, soaring 694% in the past month alone.
SMOG aims to win against popular Solana meme coins such as MYRO, WIF, and BONK, an ambition captured in its slogan: “One memecoin to rule them all.”
one #memecoin To rule them all! 🚀
Get ready for the best moment #airdrop Distributed in History #Solana. 💰
join #smog From Jilly! 🔥
Profile link 🔗 pic.twitter.com/vsn4p5cSF4
— Smog (@SMOGToken) February 8, 2024
Much of the interest in SMOG was created by the largest airdrop scheme in history.
With 35% of the total 1.4 billion SMOG supply allocated to the airdrop, the project presents an exciting opportunity for investors who may have missed Jupiter’s $700 million airdrop.
Qualify for airdrop and enjoy 42% APY at Zealy
To qualify for the airdrop, investors must meet the following: Acquire and retain SMOG In your wallet. By participating in quests and completing tasks managed by Zealy, investors can earn additional points, increasing their chances of receiving more airdrop rewards.
join #smog To the community #jilly And try increasing your points $smog #airdrop. 🐲
Complete quests to earn extra points! 📊
Stay tuned for future announcements. 📢🔗https://t.co/3EQxvQwsw3#Cryptocurrency Community #altcoin #memecoin #Binance #Cryptocurrency
— Smog (@SMOGToken) February 21, 2024
The project is currently preparing for listing on further major exchanges, presenting an ideal moment to participate.
The project also offers an impressive Annual Percentage Yield (APY) of 42% to investors who stake their earned SMOG tokens.
Crypto Gains on YouTube sees Smog as a token with the potential to explode 100x more.
You can purchase SMOG tokens. official website, then you can get a 10% discount. Using a compatible wallet, you can exchange ETH or USDT to receive the upcoming historic airdrop.
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