Why is Jupiter price down 9.5% today?

Traders Union
All News
Crypto
Jupiter slides 9.55% today to $0.2814

Highlights

Jupiter enabled cryptocurrency purchases on its mobile app via Revolut Pay and enabled direct crypto swaps through a partnership with Decrypt Media.
Since February 2025, 50% of Jupiter's on-chain revenue funds automated JUP buybacks and token burns, with a governance proposal seeking to cap the buyback budget at $30 million.
JUP/USD trades below key short-term moving averages with mild oversold signals, expected to consolidate between $0.248 and $0.3252 over the next 5 days.

Integration flows and buyback policy shifts fail to lift sentiment

Jupiter integrated Revolut Pay into Jupiter Mobile to allow users to purchase cryptocurrencies through Revolut's global payment service. Decrypt Media also partnered with Jupiter to enable direct crypto swaps on its platform. Since February 2025, 50% of Jupiter's on-chain revenue has been allocated to the Litterbox Trust for automated JUP buybacks and token burns, and a recent governance proposal aimed to reduce the buyback budget to $30 million, though price action has remained under broader selling pressure.

Anton Kharitonov, expert at Traders Union, believes Jupiter's recent 9.55% drop exposes structural weakness despite announcements of integrations and buybacks. He notes that technical signals remain mixed, and the token’s price action below key moving averages reflects sustained selling. Kharitonov sees limited impact from buyback mechanisms and governance proposals, citing persistent downside pressure and volatility spikes. He argues that momentum indicators and near-term support levels offer little immediate confidence for recovery. "In my view, the short-term risk outweighs any potential upside, and traders should stay cautious until clear trend confirmation emerges."

Viktoras Karapetjanc, expert at Traders Union, highlights the integration of Revolut Pay and the steady buyback allocation as positives for Jupiter's long-term prospects. He sees the price holding above the 200-day average as confirmation that the bullish structure remains intact. Karapetjanc views recent partnerships with major payment and media platforms as setting the stage for further growth. He believes renewed demand could trigger upside momentum if $0.29 resistance is breached. "With institutional adoption on the rise and active treasury support, I expect Jupiter to attract more buyers and carve out new opportunities in the coming weeks."

Sholanke Dele, market strategist, is skeptical about Jupiter’s ability to reverse current short-term weakness. He points to the intraday downside gap and lackluster response to news as signs of hesitant sentiment and poor conviction. Dele warns that a break below $0.2756 could accelerate losses, given the ongoing sell pressure. "Unless we see a clear shift in risk appetite or macro conditions improve, I would avoid new long positions in Jupiter at these levels."

Short-term bearish momentum as price hugs support amid volatility

JUP/USD is currently trading below its 20-day and 50-day moving averages at $0.3281 and $0.2982, respectively, but remains above the longer-term 200-day average at $0.2211. This configuration suggests ongoing short- and medium-term downward pressure despite a bullish long-term trend structure. Immediate resistance lies at the near-term ceiling of $0.29, and support is found at the near-term floor of $0.2756. Momentum indicators show a neutral MACD and Stochastic RSI, an ADX indicating some trend strength, and mildly oversold readings on the RSI (47.47) and CCI (-60.56). Bull/Bear Power is barely positive at 0.001, pointing to a marginal edge for buyers. The daily move highlights a price of $0.2814, representing a 9.55% drop with an opening downside gap and price hovering near session lows. Intraday volatility is 4.38%, and pressure after the open aligns with short-term momentum trending lower.

Earlier, analysts noted that Jupiter was experiencing short-term bearish pressure within a broader supportive structure. The latest analysis adds new dimensions by incorporating recent integrations and buyback mechanisms, with traders now monitoring the potential for a shift out of consolidation if the token decisively breaks either the $0.29 resistance or $0.2756 support.

Source of Data: JUP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.