Jupiter (JUP) value hovered close to $0.17 amid a 6% intraday acquire.
The bounce coincided with Bitcoin’s spike to above $70,000.
The transfer was additionally supported by a key Chainlink integration.
JUP, the governance token of Jupiter, has bounced off latest lows as prime cryptocurrencies document intraday good points.
The DEX protocol’s token traded round $0.17 on Tuesday, with 24-hour good points of practically 6% pushing it above a key assist degree.
Jupiter Trade faucets Chainlink for prediction markets
JUP’s uptick coincided with the DEX platform’s strategic adoption of Chainlink expertise to energy its newly launched prediction markets.
JUST IN: The most important decentralized change on Solana has adopted Chainlink to energy its newly launched prediction markets, @jup_predict.@JupiterExchange’s ($2.8B TVL) 5-min & 15-min markets for BTC, ETH, SOL, & extra at the moment are secured by quick Chainlink Knowledge Streams market information. pic.twitter.com/gT8pCYZDrw
— Chainlink (@chainlink) March 10, 2026
Jupiter Trade, recognised as the biggest DEX aggregator on the Solana blockchain, has built-in Chainlink’s superior oracle options to underpin its modern prediction markets.
These markets, now stay with 5-minute and 15-minute settlement choices, cowl main belongings together with Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
By leveraging Chainlink Knowledge Streams, Jupiter ensures sub-second value feeds straight from premium change sources.
It minimises latency and mitigates dangers like front-running or oracle manipulation that plague conventional DeFi platforms.
Jupiter customers can now speculate on short-term value actions with heightened accuracy.
Market individuals view this integration as a catalyst for elevated buying and selling quantity, with Chainlink’s safe, low-latency oracles enhancing consumer confidence.
The transfer may entice liquidity suppliers in search of dependable settlement mechanisms and assist shine a highlight on Jupiter’s potential and thus on JUP.
It’s solely in lots of Jupiter milestones which have seen the change token turn into a prime 100 cryptocurrency by market capitalisation.
Jupiter value evaluation
The JUP token has navigated a downward channel since plummeting from above $0.70 in April 2025.
A broader weak spot throughout crypto signifies that on the present value, the token’s worth is down by greater than 60% over the previous yr.
Regardless of this bearish outlook, the token has bounced decisively from the channel’s decrease boundary.
Bulls want to stabilise above $0.17, and a flip in sentiment may catalyse additional good points amid a breakout state of affairs.
Technical indicators on the every day chart spotlight this image.
As could be seen above, the Relative Energy Index (RSI) has recovered from oversold circumstances and hovers above the impartial line.
The indicator boasts a bullish divergence and indicators a possible strengthening of the upward momentum.
Nonetheless, the MACD suggests a bearish reversal.
If patrons maintain the sway, extra good points may push costs in direction of the speedy overhead resistance zone round $0.20–$0.22.
A breakout may see bulls check the availability wall round $0.30.
Nonetheless, a rejection at present ranges dangers a retest of $0.15.
The assist degree would possibly act as a requirement reload zone and end in contemporary consolidation earlier than one other bullish transfer.
If not, the worth may drop to $0.100.
