JUP recently tested the 1,133 USD support level, suggesting market consolidation. A move above 1,500 USD could indicate bullish momentum, whereas dropping below 1,000 USD may resume a decline.
Recent market indicators suggest a slight bullish sentiment, with the Long/Short Ratio favoring longs at 54%. This balance implies potential strength, but caution is essential as market dynamics shift.
Jupiter’s founder announced a new token verification system, which may enhance security and community involvement. Technological upgrades can typically result in a 20-30% price increase, although they carry implementation risks.
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