First I looked at a pair and it was struggling to move past certain long-term EMAs. Then I opened up Jupiter, JUPUSDT, and I can see it moving forward… This is a bullish development.
Just today a multiplicity of bullish signals came together. JUPUSDT broke above its May 2025 high. Hitting the highest price since March, almost 5 months ago.
After a higher low 22-June, JUPUSDT rallied and continued to gain strength. After 9-July, it started to break, one by one, all the moving averages on this chart. These levels were working as resistance.
First EMA55 was conquered after eleven days struggling below. Then EMA89 was conquered one day after, the blue dotted line on the char. Four days later the action moved above EMA144 followed by MA200 and EMA233 yesterday; today, JUPUSDT is trading above all those major levels, with the highest price in five months.
This is as good as it gets and it reveals the intensification of a newly developing bullish wave. This wave will transform into an uptrend and this uptrend will lead to a major bull-run. The bull-run will go hiiiiigh reaching a new all-time high, the end of the bullish cycle; the entire process can take anywhere between 4-6 months or 8-12 months or more. It really depends on the overall market condition, Bitcoin and how active is the project developers team. This can all work together to produce something great.
Volume is starting to rise now. This means that it is still very early in this game.
We are just entering the bullish zone. After a major high is confirm, we can see very strong exponential growth.
While at first it takes months for prices to grow 2-3 levels up, when the wave is advanced we can see several levels increase in a matter of weeks and then it keeps on intensifying until the market goes crazy and that’s when you see euphoria and greed. It is still early, but it doesn’t hurt to be prepared.
Keep a calm and sane mind, you will need it to maximize profits and close as many as possible successful trades.
Namaste.
