Altcoin

Jupiter surges 17% after rebound – Traders still bet on JUP’s dip

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Jupiter rebounded from $0.14, surging 17% to $0.17 as demand recovered.

Posted: March 2, 2026 Avatar

By: Gladys Makena Journalist Edited By: Saman Waris Jupiter surges 17% after rebound - Traders still bet on JUP's dip

Gladys Makena Journalist Edited By: Saman Waris Posted: March 2, 2026 Share this article

Jupiter [JUP] bounced back from a $0.14 slip and climbed to a two-week high of $0.176. In doing so, Jupiter flipped its short-term moving averages, EMA20, indicating strong upside momentum.

As of this writing, the altcoin traded at $0.172, up 17.13% on the daily charts, adding to its weekly gains. The explosive price jumps confirm the strengthening momentum across all market participants.

In fact, after JUP dropped to a low of $0.14, it saw renewed demand with new users taking the opportunity to take positions. Active Daily Addresses rose to 13.3k, up 200, indicating increased network usage.

Source: Santiment

Jupiter sees fresh capital inflows

Interestingly, investors took the recent market weakness as an opportunity to deploy capital. On the Futures side, the altcoin recorded $25.01 million in inflows compared to $23.05 million in outflows.

As a result, its netflow rose 194.3% to $1.96 million, reflecting increased demand for Futures positions.

Source: CoinGlass

Meanwhile, the altcoin’s Open Interest rose 22% to $44.07 million, while Derivatives Volume climbed 53% to $101 million. A rise in these two metrics further validated increased demand for Futures positions.

However, market participants on Binance and OKX seem positioned for another pullback. This is because the altcoin’s Long/Short Ratio was held below 1, around 0.99, with Binance at 0.93 and OKX at 0.89.

Source: CoinGlass

A ratio below 1 indicates a higher demand for short positions, suggesting most participants expect another slip.

Is the upside momentum sustainable?

Jupiter showed strong momentum, as investors jumped into the market to accumulate at a discount following the recent broader market slip.

As a result, the altcoin’s upside momentum strengthened. Its Relative Strength Index (RSI) rose to 55, edging into bullish territory.

At the same time, the price flipped EMA20 and is currently testing EMA50, indicating strong upside momentum.

When these momentum indicators reach such levels, it signals buyer confidence and often follows higher prices.

Source: TradingView

Therefore, if the prevailing sentiment holds and more capital flows, JUP will flip EMA50 at $0.17, flip $0.2, and eye EMA100 at $0.21.

However, this bullish outlook faces a major risk and could hinder a possible trend continuation. On the spot market, after Jupiter rebounded, investors who had been underwater rushed to cash out.

Source: CoinGlass

The altcoin’s exchange inflow outpaced outflows, as Spot Netflow climbed 145% to $677k. The market recorded $5.6 million in inflows compared to $4.9 million in outflows.

If this selling spree continues and intensifies, a market pullback remains imminent. Thus, JUP could drop to $0.14 again before attempting another pullback.

Final Summary

JUP surged 17%, touching a local high of $0.176 amid broader market recovery.
Jupiter saw renewed speculative demand, but the pullback threat remained as profit takers rushed to cash out.

Next: PUMP: Indecisive price action keeps traders on edge Share

Gladys Makena

Gladys Makena is a Cryptocurrency and Financial Analyst at AMBCrypto with four years of market analysis experience. Her quantitative expertise is supported by a strong background in Finance, providing a solid foundation for a data-driven approach. At AMBCrypto, Gladys is committed to providing the community with timely and insightful news, reports and technical analysis. More Articles