AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
•
Jupiter/Tether (JUPUSDT) opened at 0.2236 on 2026-01-17 12:00 ET, reaching a high of 0.2260 and a low of 0.2184 before closing at 0.2202 on 2026-01-18 12:00 ET. Total 24-hour volume was approximately 2,821,816.4, with notional turnover of around 615,635.36 USDT.
Price action revealed a key support level near 0.2185, where multiple bearish engulfing patterns and a doji formed, suggesting a potential reversal after a sharp decline from 0.2260. A bearish rejection at the 0.2246 level reinforced this area as resistance.
On the 5-minute chart, the 20-period and 50-period moving averages were in a bearish crossover for most of the session. Daily moving averages (50/100/200) showed a more neutral stance but failed to provide directional confirmation during late hours.

The RSI dipped below 50 early and remained bearish for most of the day, indicating oversold conditions toward the close. MACD showed a bearish crossover and declining histogram, reinforcing downward momentum.
Volatility increased early in the session, pushing price to the upper Bollinger Band before a sharp drop compressed the bands in the final hours. Price closed near the lower band, suggesting potential for a bounce or further consolidation.
Volume spiked at key price levels such as 0.2201 and 0.2246, indicating accumulation or distribution activity. Turnover aligned well with these price moves, but a slight divergence was observed in the final 5-minute candles, hinting at possible short-term uncertainty.
Looking ahead, JUPUSDT may face renewed resistance at 0.2246 and support near 0.2185. Traders should monitor volume for signs of conviction at these levels. As with any volatile asset, sharp corrections or rallies are possible within the next 24 hours.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.18 2026

Jan.18 2026

Jan.18 2026

Jan.18 2026

Jan.18 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet