Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Is Jupiter (JUP) Poised for a Breakout? Key Pattern Formation Suggests So!

Is Jupiter (JUP) Poised for a Breakout? Key Pattern Formation Suggests So!

CoinsProbeCoinsProbe2025/11/10 18:33
By:Nilesh Hembade

Date: Mon, Nov 10, 2025 | 10:10 AM GMT

The cryptocurrency market continues to highlight strong performance as the price of Ethereum (ETH) jumps more than 6 percent today, allowing several major altcoins to show signs of strength — including Jupiter (JUP).

JUP is up with 7% jump and more importantly, its technical setup is showing signs of a possible bullish reversal. The chart now reveals a key pattern formation that could set the stage for an upside breakout in the coming sessions.

Is Jupiter (JUP) Poised for a Breakout? Key Pattern Formation Suggests So! image 0 Source: Coinmarketcap

Descending Broadening Wedge Pattern in Play

On the 4-hour chart, JUP has been trading inside a descending broadening wedge. This structure is known as a bullish reversal pattern that often forms during corrective phases and typically signals growing volatility followed by a breakout to the upside.

During the latest pullback, JUP retested the lower boundary of the wedge near $0.3214, a zone that has consistently acted as strong support. Buyers stepped in confidently at this level, initiating a rebound that lifted the price toward $0.3622, placing it very close to the wedge’s upper resistance trendline.

Is Jupiter (JUP) Poised for a Breakout? Key Pattern Formation Suggests So! image 1 Jupiter (JUP) 4H Chart/Coinsprobe (Source: Tradingview)

The tightening price action near this upper boundary reflects increasing momentum and rising breakout pressure.

What’s Next for JUP?

If buyers manage to push JUP above the upper wedge trendline and reclaim the 200 Moving Average positioned near $0.3783, the chart would confirm a bullish breakout. From there, the next technical target sits around $0.50, which marks roughly a 37 percent potential upside from current levels.

If JUP faces rejection at the resistance zone, it may continue moving sideways inside the wedge. In that case, the $0.3349 region will act as the key short-term support to monitor.

For now, the overall technical structure appears constructive. With the descending broadening wedge intact and buyers defending critical support, JUP is shaping up for a meaningful breakout attempt, especially if broader market sentiment strengthens through November.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Global Crypto Regulation Era Begins as UK Implements OECD Disclosure Standards

- UK adopts OECD's CARF framework for crypto regulation, avoiding tax hikes but enforcing stricter compliance by 2026. - HMRC updates guidelines requiring crypto providers to report user data globally, aligning with 70+ countries' 2027 data exchange plans. - Compliance demands automated data collection, KYC upgrades, and penalties for non-compliance under new transparency rules. - Framework excludes self-custody wallets but covers major transactions, reshaping crypto's integration into global financial sys

Bitget-RWA2025/11/26 19:42
Global Crypto Regulation Era Begins as UK Implements OECD Disclosure Standards

Cosmos Addresses ATOM’s Inflation and Price Fluctuations through Community-Led Tokenomics Reform

- Cosmos community proposes ATOM tokenomics overhaul to shift from artificial scarcity to usage-based fees and network activity-driven inflation. - Five-step governance process emphasizes transparency, stakeholder collaboration, and addressing 25% price drop, high inflation, and speculative volatility. - Framework separates core economics from add-ons, incentivizes long-term stakers, and aligns ATOM as reserve/settlement asset across Cosmos Stack. - Ecosystem partners like Akash and Pocket Network advance

Bitget-RWA2025/11/26 19:42
Cosmos Addresses ATOM’s Inflation and Price Fluctuations through Community-Led Tokenomics Reform

"Virtual Gold, Real Firearms: The Emerging Security Threat in Cryptocurrency"

- A $11M crypto heist in SF targeted Lachy Groom, a former OpenAI CEO partner, via an armed "wrench attack" by a delivery-worker impersonator. - Global "wrench attacks" surged to over 60 in 2025, exploiting blockchain's anonymity and irreversibility to steal digital assets through physical coercion. - Experts warn of rising crypto security risks as attackers profile victims via social media, prompting calls for institutional-grade storage and multi-signature wallets. - The incident highlights vulnerabiliti

Bitget-RWA2025/11/26 19:42
"Virtual Gold, Real Firearms: The Emerging Security Threat in Cryptocurrency"

Strategic Development of Infrastructure within Webster Economic Corridor in Upstate New York

- Upstate NY's Webster Economic Corridor is transforming into a hub for advanced manufacturing and semiconductors via strategic infrastructure investments. - $9.8M FAST NY grants and $4.5M NY Forward funds modernize industrial sites and downtown areas, enhancing business readiness and community engagement. - A $650M fairlife® facility will create 250 jobs, demonstrating how public-private partnerships (PPPs) catalyze private investment through site readiness. - Federal infrastructure bank proposals aim to

Bitget-RWA2025/11/26 19:42
Strategic Development of Infrastructure within Webster Economic Corridor in Upstate New York