Jupiter Exchange Announces Major Developments: PYUSD Integration and Upcoming Token Launches
- Jupiter Exchange Integration: Jupiter Exchange integrates PayPal's PYUSD, expanding digital asset offerings and enhancing transaction capabilities.
- Token Launches and Votes: CLOUD and DBR tokens launch on Jupiter's LFG launchpad, with key votes on JUP token supply and ASR renewal upcoming.
- Roaring Kitty's Investment: Roaring Kitty's 6.6% stake in Chewy triggers a 34% stock rally, reflecting significant moves in the stock trading space.
- PYUSD Integration on Jupiter: PayPal's stablecoin PYUSD integrated into Jupiter's DEX, providing more transaction options and potentially increasing user base.
- Upcoming Events on Jupiter: Plans for token launches, critical votes, and rewards over the next two months, showcasing the platform's active development and engagement with users.
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Technical Analysis for JUP
Technical Sentiment Analysis for Jupiter (JUP) As of , Jupiter (JUP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for JUP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, JUP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Jupiter (JUP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0637 | 0.101 | 0.135 | 0.173 | 0.207 | 0.245 | 0.279 |
| Fibonacci | 0.101 | 0.129 | 0.146 | 0.173 | 0.2 | 0.217 | 0.245 |
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