- Jupiter Exchange daily charts show support at the 240-day range low, with hidden bullish RSI divergence hinting at upward momentum potential.
- Platform metrics reveal 3.4 trillion total volume and 318 million annual revenue, indicating growth capacity without external funding reliance.
- Revenue allocation includes 50% for buybacks, while infrastructure upgrades like Jupnet enhance user experience and DeFi adoption.
Jupiter has come under the spotlight lately, as its fundamentals are strengthening along with some positive technicals. Analysts note that accumulations are indicating a possible push in price up. Market activity and construction suggest that traders’ interests are still there.
Technical Analysis Signals Neutral to Bullish Trends
Jupiter’s daily charts indicate the 240-day range low is currently in play. Traders are watching for confirmation of a triple bottom pattern, which could signal stability. A weekly RSI shows hidden bullish divergence, hinting at potential momentum building.
After a prior $20 billion liquidation event, the daily candle closed above the range low. Price retraced over 500% from the lows without invalidating key support. The weekly trend remains supportive, though the weekly doji signals neutral conditions for now.
Current technical reads suggest that if the range low holds, Jupiter could target the $1.00 level. Analysts highlight bullish momentum for long-term positions above $0.3200 on a daily-close basis. Observers note that accumulation phases often precede more substantial price movements.
Adoption Metrics Highlight Growth Potential
Jupiter reportedly crossed 3.4 trillion in total volume, with 242 billion occurring in the current quarter. Such scale indicates the exchange can grow without relying on external funding. Annual revenue stands around $318 million, including $46 million in Q3 alone despite challenging market conditions.
The platform handles over 2 trillion lifetime volume across multiple DEX aggregations, with 21 billion monthly perps. DAO-directed fees have surpassed $1.2 billion, signaling strong infrastructure adoption. Jupiter’s development of Jupnet focuses on user experience and best-in-class infrastructure.
Revenue distribution also supports market confidence. Approximately 50% of revenue is directed toward buybacks. This approach reinforces liquidity and reduces market supply pressure, which may support long-term price stability.
Market Observers Track Accumulation and Potential Rally
Crypto analysts note similarities with previous high-performance tokens, suggesting Jupiter could follow a comparable path. Analysts cite combined technical and fundamental strength as favorable for potential rallies.
DeFi remains in its early stages, with millions of active users across ecosystems. Jupiter’s metrics indicate it is well-positioned to capture growth opportunities. Observers emphasize monitoring price action around support levels and liquidity zones for insight into the next price movement.
Accumulation phases often precede expansion and breakout phases. Analysts suggest that Jupiter’s current locale may start to lead to upward movement after the consolidation period is over. Keeping track of trading volume, user adoption, and infrastructure upgrades will be key to understanding where we are going.
