Are you tracking Jupiter (JUP) and wondering where it might be headed next? You’re in the right place. The JUP token has seen its fair share of volatility since launch, with sharp moves and sudden shifts in momentum. After a shaky start to the year, sentiment remains mixed, and recent price action has kept traders watching closely. The coin has seen an approximately 47% drop since the beginning of the year, falling from $0.8+ levels. With that in mind, let’s take a closer look at the current chart and see what technical indicators suggest for the days ahead.
Jupiter (JUP) Price Analysis for May 4, 2025
The Jupiter price opened the day strong near the $0.465 mark, but quickly faced selling pressure. A sharp downtrend began just after midnight, with the JUP price sliding from $0.460 to $0.454 by 01:40 UTC. MACD confirmed the bearish trend with a clear death cross, while RSI dipped below the midline. From 02:00 to 04:20 UTC, a slight upward trend formed, marked by a golden cross on the MACD and the RSI surge. However, this momentum was short-lived as another downtrend took over. The JUP price fell again, bottoming at $0.438 around 11:50 UTC. Consecutive death crosses reinforced the decline, and RSI dropped close to the oversold region.
Chart 1: analyzed by raodevansh18, published on TradingView, May 4, 2025
A sideways trading range formed between 05:30 and 07:00 UTC, holding the Jupiter price between $0.442 and $0.446. While MACD lines briefly converged, no breakout followed. A fresh downtrend ensued around 15:30 UTC, pushing JUP price down to $0.429 by 17:20 UTC. During this slide, RSI entered oversold territory multiple times, and MACD continued forming death crosses. By 18:55 UTC, a mild recovery began. RSI rose above 50, and a golden cross on MACD pointed to some bullish action. The Jupiter price hit $0.4245 at 11:00 UTC. However, the price still remained under pressure, unable to reclaim higher resistance zones.
Jupiter Makes Weak Attempts at Reversal, Relinquishes Support Today
On May 4, JUP price continued its bearish structure early on. It hovered between $0.425 and $0.432 until 08:00 UTC, forming another narrow trading range. However, by 08:00 UTC, a sharp dip saw the Jupiter price break below $0.425. The RSI again hit oversold levels, and MACD issued another death cross, dragging the token to an intraday low of $0.420 by 09:20 UTC. Some price stability followed, and at the time of writing, JUP price has risen modestly to $0.4245. A recent golden cross on MACD and RSI near 50 indicates the possibility of a short-term JUP breakout, but price remains under the key resistance band near $0.430.
Indicators Suggest Further Downturn Risk for Jupiter
Both RSI and MACD have been active throughout the session, showing repeated instances of weakness. The MACD has spent most of the day below the signal line, while RSI has touched oversold zones at least four times. However, the most recent MACD golden cross and RSI push above 50 signal mild optimism. If buying pressure holds, the Jupiter price could make another test toward $0.430–$0.435 in the next few hours. If momentum fails again, another leg downward toward $0.418 may be possible.
In the short term, Jupiter price remains exposed to bearish sentiment. Despite minor bullish reversals, the market has been unable to mount a sustained JUP breakout. Traders may want to watch the $0.420–$0.418 support range closely. Further downside from here could open up a steeper fall. On the upside, a confirmed close above $0.435 could lead to a breakout test near $0.445. For now, the JUP price lacks volume and conviction, and the bears still appear to hold the upper hand.
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