Date: Thu, Sept 18, 2025 | 06:10 PM GMT
The cryptocurrency market is showing upside resilience today as Ethereum (ETH) jumps to the $4600 mark with a 2.0% intraday gain, following the latest Fed rate cut decision. Riding on this momentum, major altcoins are flashing bullish setups — including Jupiter (JUP).
JUP has already surged by an impressive 11%, but the chart is suggesting a much bigger development — a bullish pattern formation that could set the stage for further gains in the coming sessions.
Source: Coinmarketcap
Cup and Handle in Play
On the 4-hour chart, JUP is displaying one of the most well-known bullish continuation patterns — the Cup and Handle.
The “cup” began forming after JUP faced rejection near $0.5720 last month, triggering a sharp pullback toward $0.4547. Buyers quickly stepped in at those levels, stabilizing the token and fueling a steady recovery. Recently, JUP made a strong bounce from around $0.4928, reclaiming its 200-day moving average (MA) in the process as the handle formation developed.
Jupiter (JUP) 4H Chart/Coinsprobe (Source: Tradingview)
The token has since regained momentum and is now trading around $0.5682, pressing into the critical neckline resistance zone between $0.5564 and $0.5720. This area is where the next decisive breakout could occur.
What’s Next for JUP?
If JUP successfully breaks above the neckline resistance at $0.5564–$0.5720, the bullish continuation setup would be confirmed. Such a breakout could unlock the potential for a rally toward $0.69, representing a gain of nearly 21% from current levels.
With one of the strongest continuation patterns in play, all eyes are now on Jupiter as it edges closer to its breakout moment.
