$JUP
Latest Analysis: Jupiter (JUP) Coin (February 2, 2026)
Jupiter (JUP) is currently a focal point of the Solana ecosystem, trading around $0.1838 as it navigates a high-volatility period following its landmark "Jupuary" events.
Technical Analysis
Trend: JUP recently broke out of a month-long descending channel, reclaiming the psychological $0.20 level in late January. However, it is currently testing this level as new support.
Key Levels:
Support: Immediate support lies at $0.1834 (78.6% Fib retracement). A failure to hold here could see a retest of the $0.1620 monthly low.
Resistance: The price is facing heavy selling pressure at the $0.2150 – $0.2180 range, where the converged 50/100/200-day EMAs reside.
Momentum: The Relative Strength Index (RSI) is neutral at 41, suggesting room for movement in either direction. Analysts are watching for the MACD to flip positive on the daily chart to confirm a trend reversal.
Fundamental & Market Sentiment
Polymarket Integration: As of today, February 2, Jupiter has announced a direct integration with Polymarket. This move transforms Jupiter from a DEX aggregator into a "super-app" hub for prediction markets on Solana, significantly expanding its utility.
$35M Strategic Funding: ParaFi Capital recently led a $35 million investment into the protocol, settled in JupUSD with an extended token lockup. This signals strong institutional confidence in Jupiter’s long-term infrastructure.
Supply Overhang (Token Unlock): Investors are cautious ahead of February 28, 2026, when 253.47 million JUP (approx. 7.9% of supply) will be unlocked. This event, coupled with the "sell the news" sentiment following the final Jupuary airdrop snapshot on January 30, is currently capping upside gains.
Jupiter (JUP) Price Candle Chart (January 2026)
The chart below highlights the volatile "U-shaped" recovery attempt in January, where JUP rallied mid-month before meeting resistance and correcting toward the end of the month.