JUP Gains Momentum with TVL Surge, May Test $0.40 Resistance

• TVL recovery: Jumped from $3.17 billion to $3.36 billion, signaling renewed trust in Jupiter’s ecosystem.

• Perpetual volume hit $3.34 billion weekly, boosting demand for JUP amid rising market participation.

• Technical indicators like MFI at 76.52 and ADX at 21.54 confirm strengthening bullish momentum, with resistance at $0.40 in focus.

Discover why Jupiter JUP is rallying 14% this week with surging TVL and volume. Explore key indicators and price outlook for informed crypto trading decisions today.

What is driving the recent Jupiter JUP price rally?

Jupiter JUP price rally stems from robust protocol metrics, including a significant rebound in Total Value Locked and heightened perpetual trading volume. After dipping to $3.17 billion on October 23, TVL climbed to $3.36 billion, reflecting $189 million in fresh capital inflows that bolster investor sentiment. This surge, coupled with $3.34 billion in weekly perpetual volume, underscores increasing activity on decentralized exchanges.

How are capital inflows impacting JUP’s market position?

Capital inflows have revitalized Jupiter’s ecosystem, with TVL rising sharply to indicate sustained user engagement. According to data from DeFiLlama, this $189 million gain highlights participants’ renewed faith in the protocol’s utility for token swaps and liquidity provision. Short paragraphs like this aid readability, while statistics from reliable trackers emphasize the tangible growth. Expert analysis from on-chain observers notes that such inflows often precede prolonged uptrends in DeFi tokens, as they correlate with higher transaction fees and rewards.

Frequently Asked Questions

What factors are contributing to Jupiter JUP’s 8% daily gain?

Jupiter JUP’s 8% daily gain is fueled by improved protocol activity and capital re-entry, with TVL up $189 million and perpetual volume reaching $3.34 billion. These metrics suggest stronger demand and reduced selling pressure, positioning JUP for potential further upside if resistance at $0.40 holds as support.

Is the Jupiter JUP rally sustainable in the current market?

The Jupiter JUP rally appears sustainable given positive technical signals like an MFI of 76.52 and ADX of 21.54, which indicate building momentum without overbought conditions. As broader crypto markets stabilize, sustained volume could push prices toward $0.45, though monitoring resistance levels is essential for voice-activated queries on trading strategies.

Key Takeaways

• TVL Surge: A $189 million increase to $3.36 billion demonstrates growing confidence in Jupiter’s DeFi infrastructure.
• Volume Boost: Weekly perpetual volume at $3.34 billion reflects heightened trading interest and liquidity.
• Technical Strength: Watch MFI and ADX for continued upside, with a potential breakout above $0.40 targeting $0.47.

Conclusion

The Jupiter JUP price rally highlights a turnaround in DeFi sentiment, propelled by capital inflows and robust volume metrics from sources like DeFiLlama and TradingView. As indicators signal further potential, traders should stay vigilant around key resistance levels. Looking ahead, sustained activity could solidify JUP’s position in the altcoin market—consider monitoring on-chain data for the next moves in this evolving landscape.

Key Takeaways

What’s driving Jupiter’s momentum?

TVL jumped $189 million to $3.36 billion, while Perpetual Volume hit $3.34 billion – clear signs of growing market participation.

What should JUP traders watch now?

MFI at 76 and ADX strengthening point to rising trend strength, but $0.40 remains the breakout test.

Jupiter [JUP] rallied 8% in the past 24 hours and 14% over the week, surprising the market with renewed bullish momentum. Protocol activity and capital inflows have been instrumental in driving this recovery, signaling revived investor sentiment.

Capital inflows lift investor confidence

After JUP’s Total Value Locked (TVL) dropped to $3.17 billion on the 23rd of October, it rebounded to $3.36 billion—a gain of roughly $189 million.

TVL reflects the total assets locked in the protocol and often mirrors user confidence. This sharp recovery suggests participants are regaining trust in JUP’s reward potential.

Source: DeFiLlama

Similarly, protocol activity has also increased. Data from DeFiLlama showed that weekly Perpetual Volume on decentralized exchanges reached $3.34 billion, reinforcing the renewed demand for the altcoin.

While this volume is notable, it’s important to highlight that such transactions directly affect JUP’s demand, which has likely contributed to its price growth.

What’s the bullish limit?

Despite the optimism, JUP faced a key resistance zone around $0.40 at press time—a level that has historically triggered sell-offs.

The last time JUP entered this resistance area, it faced a sharp 21% pullback. The token is once again testing this zone, and traders remain cautious about a repeat rejection.

Source: TradingView

However, the previous dip on the 14th of October coincided with a broader market correction. As selling pressure eases, the likelihood of another steep retracement appears lower this time.

Indicators signal further upside

Technical indicators also point to a positive price outlook.

The Money Flow Index (MFI) stood at 76.52, firmly within the 50–80 accumulation band—signaling strong capital inflows. Meanwhile, the Average Directional Index (ADX) climbed to 21.54, showing a strengthening trend.

Source: TradingView

Combined with JUP’s 8% daily rise, both metrics point to increasing bullish momentum. If buying pressure sustains, JUP could break above $0.40, targeting the next resistance around $0.45–$0.47 in the short term.