Juventus Fan Token Breakout Signals Huge Upside—Is $5.70 the Next Target?

JUV broke a falling wedge pattern, signaling strong bullish momentum.

MACD divergence confirmed weakening selling pressure and trend reversal potential.

Price target sits at $5.70, suggesting over 410% upside.

The Juventus Fan Token — JUV, has stirred excitement in the crypto market after showing a clear technical breakout. A falling wedge pattern, often seen before strong upward moves, has now resolved to the upside. At the same time, the MACD indicator flashed a bullish divergence, strengthening confidence among traders. With both signals converging, many wonder if JUV is preparing for a rally that could send prices soaring toward $5.70.

Breakout from Falling Wedge Pattern

A falling wedge forms when price action narrows between two descending trendlines. For JUV, this structure lasted several weeks, with volatility gradually shrinking as pressure built within the pattern. That coiled energy finally released upward, suggesting buyers are regaining control after a drawn-out consolidation. The breakout has given traders a reason to pay closer attention. Breakouts from this formation often serve as reliable signs of changing momentum.

In Juventus Fan Token’s case, the move suggests the market has shifted toward strength. Each new candlestick above the wedge paints a picture of renewed buyer dominance. During the wedge, price swings contracted like a spring being pressed down. Once resistance broke, the release felt inevitable, as if tension snapped free. That burst of energy has invited fresh interest, and analysts now see a road ahead that could stretch far higher.

Crypto analyst JAVONMARKS highlighted the breakout in a recent post, noting the strong setup. According to the analyst, the wedge breakout offers room for extensive gains, creating potential for long-term upside. The analysis did not stop there, however. Another crucial signal has appeared, one that often confirms momentum is shifting.

MACD Divergence and Price Target

The MACD indicator showed a powerful bullish divergence during the wedge formation. While JUV’s price created lower lows, the MACD carved higher lows. This imbalance revealed fading selling strength, a classic sign of a potential reversal. The indicator has now crossed above the zero line, moving with strong upward momentum.

That shift reinforces the bullish wedge breakout, creating a powerful combination of signals. Traders often view this alignment as a green light for extended rallies.From a technical perspective, the projected target sits at $5.70. This level represents a potential 410% climb from current prices near $1.10. The target is measured from the depth of the wedge added to the breakout point. Chartists frequently use this approach, and the math suggests major upside is possible.

Recent trading data also adds weight to the story. JUV advanced 5.12% in the last week, with daily volume exceeding $16 million. That level of activity shows growing market interest and may continue to fuel momentum.For traders watching closely, the path appears set. The breakout acts like a compass pointing toward higher ground. The MACD divergence adds confidence, whispering that momentum is shifting. If buyers sustain control, JUV may write a remarkable chapter on its journey toward $5.70.

JUV0.43%
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