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Jupiter's JUP token drops 21.8% from October high, testing key $0.29 support amid Bitcoin pullback.

Technical Signals
17 Oct 2026
Tokenpost
View Source
Bearish
Jupiter's JUP token drops 21.8% from October high, testing key $0.29 support amid Bitcoin pullback.

Jupiter's JUP token has fallen 21.8% from its October peak, currently testing a critical support level around $0.29 as Bitcoin retreats toward $80,000. The $0.32 price area, previously a demand zone, has turned into resistance, pushing JUP lower. Despite this pullback, the daily trend remains bullish since May, with a longer-term demand zone at $0.22 supporting the token. JUP had surged 51% over four weeks earlier due to declining platform fees, but the recent market weakness has led to the current correction.

Jupiter's JUP token trades at Rp5.320 on Pluang as of Oct 17, 2026 20:21 WIB, down 4.52% in the last day. The market cap stands at Rp17,88 trillion with a 24-hour volume of Rp488,21 million. Pluang users show 67% buy interest and hold JUP for an average of 38 days, indicating steady engagement despite recent price drops.

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