Market Overview for Jupiter/Tether (JUPUSDT) – October 14, 2025 (12:00 ET)
• JUPUSDT traded in a 0.3601–0.4040 range, closing near 0.3645 after a sharp intraday selloff from 0.4040.
• Strong bearish momentum confirmed by multiple lower closes and a 6.1% drop in 24 hours.
• Volume spiked during the selloff, peaking at 1.176M JUP, suggesting liquidation and capitulation.
• RSI near oversold levels (30) and MACD divergent, hinting at possible near-term rebound.
Jupiter/Tether (JUPUSDT) opened at 0.3806 on October 13, 2025, 12:00 ET, and reached a high of 0.4040 before falling to a 24-hour low of 0.3601. It closed at 0.3645 at 12:00 ET on October 14. The total volume over the 24-hour period was 11,161,875 JUP, with a notional turnover of approximately $3,717,063 (based on average price).
The 15-minute chart reveals a powerful bearish trend beginning from 19:30 ET on October 13. A strong engulfing candle confirmed the shift in sentiment from bullish to bearish after a multi-hour consolidation. The price then broke below key support levels, including 0.3920, 0.3860, and 0.3740, before ending near 0.3645. The pattern suggests a deep liquidation event, likely triggered by stop-loss triggers and panic selling.
Bollinger Bands show a significant expansion in volatility during the selloff, with price trading below the lower band for several hours. This expansion is typically associated with high volatility and often precedes a retracement. The 20-period and 50-period moving averages are both bearish, with the 50-period line below the 20-period, confirming a strong downtrend. On the daily chart, the 50- and 200-period MAs remain bearish, indicating the selloff may continue unless strong buying pressure emerges.
Fibonacci retracements drawn from the swing high at 0.4040 to the swing low at 0.3601 show the current level of 0.3645 is near the 61.8% retracement level. This could act as a temporary support, but given the magnitude of the sell-off and the volume, it is more likely a base for further consolidation or a counter-trend rally. Volume and turnover aligned during the sell-off, with no divergences detected. However, a divergence between price and volume in the final hours suggests exhaustion may be setting in, potentially setting up for a near-term bounce.
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