Jupiter rallies 50% in a month, but upcoming $33M token unlock may cap upside
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Jupiter Token Performance: Jupiter (JUP) has surged 10% to $0.6199, with significant trading activity; however, a token unlock of 53.47 million JUP worth $33 million on July 28 may impact its short-term price momentum.
Technical Analysis Insights: The technical indicators show a bullish trend but caution is advised as the RSI approaches overbought levels; if JUP surpasses $0.6574, it could target $0.70, while a pullback towards $0.54 might occur if support levels fail.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







