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Jupiter jumps 15 % after the launch of the Defi High Ltv lending protocol

  • Jupiter (JuP) increased by 15.45 % to $ 0.6109 after the launch of Jupiter Lind.
  • JUPITER LEND 90 % LTV and 0.1 % give fees, setting a new standard in Defi.

Jupiter (JuP) gathered impressive, as it was traded at $ 0.6109 after reaching a height of $ 0.622. The price increased by 15.45 % last day, Alignment Linning with the growth of the maximum market by 15.44 %, which prompted the total evaluation to $ 1.77 billion.

At the same time, the daily size exploded by 254.44 %, and wiping 179.65 million dollars. The maximum market market rate is 10.12 %, which is a clear indication of the increase in market activity and the interest of the investor.

Symbolic supply measurements remain consistent, with a maximum of 6.89 billion Jebel Jebus, a maximum of 6.99 billion and 10 billion. Follow the price height from the announcement of Jupiter at the Solana Accessate Conference on May 23.

With a loan up to 90 % to value and fees up to 0.1 %, the lending protocol improves current Defi standards. It is worth noting that the cost capacity and its double structure-the ability to expand and flexibility. The market quickly responded.

Is Jabis preparing for a continuation of a rise?

On the technical front, the JUP price dynamics reveal basic signals. RSI is currently 63.24, about to The purchase lands, while the moving average based on the RSI conference hovering at 52.72. This difference indicates the promotion of bullish momentum. In addition, 9 EMA recently crossed over 21 EMA, which forms a golden cross at $ 0.5732, indicating a possible continuation of the upward arrangement.

The high size of the Saudization confirms the outbreak of the price strong purchase. Although the price is briefly recovering, it quickly regained the ground above the main Emas. These moving averages now work as a dynamic support near the 0.573 region – 0.567 dollars.

A sustainable break above $ 0.622 can pay the price about $ 0.650 in the short term. On the contrary, it may send a decrease less than $ 0.573 to re -test $ 0.540, which is the last floor. Although the flow of Chaikin (CMF) is invisible in the scheme, the increase in size and price indicates a positive accumulation.

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