Latest JOE (JOE) Price Analysis

By CMC AI
09 September 2025 10:58PM (UTC+0)

Why is JOE’s price down today? (09/09/2025)

TLDR

JOE fell 1.87% in the past 24h, underperforming the broader crypto market (-0.24%). The decline aligns with bearish technical signals and residual liquidity risks from recent exchange delistings.

  1. Exchange delistings – Reduced trading access fuels selling pressure

  2. Bearish technicals – Key indicators signal weakening momentum

  3. Altcoin underperformance – JOE lags despite market-wide stability

Deep Dive

1. Exchange Delistings (Bearish Impact)

Overview: JOE/USDT margin trading was delisted on OKX on July 23, 2025, followed by Binance TR removing JOE/TRY spot trading on August 23, 2024. While not recent, these actions reduced liquidity – JOE’s 24h volume ($6.9M) remains 90% below its May 2025 peak.

What this means: Reduced exchange support limits buying avenues and amplifies volatility during sell-offs. The turnover ratio (0.107) suggests moderate liquidity risk, as traders face wider spreads when exiting positions.

2. Technical Weakness (Bearish Impact)

Overview: JOE trades below critical moving averages (200-day SMA: $0.174, 200-day EMA: $0.199) and shows bearish MACD divergence (-0.0004 histogram). The RSI (50.59) hovers neutrally, offering no oversold relief.

What this means: The sustained sub-$0.167 level – below the 61.8% Fibonacci retracement ($0.161) – confirms a breakdown from July’s bullish structure. Traders may view this as a signal to reduce exposure until a clear reversal forms.

What to watch: A sustained break above $0.167 (daily close) could invalidate the bearish setup.

Conclusion

JOE’s decline reflects structural headwinds from diminished exchange support and deteriorating technicals, compounded by its underperformance vs. a stable crypto market. While not critically oversold, the token lacks visible catalysts to reverse momentum.

Key watch: Can JOE defend the $0.155 support level (2025 low) amid rising altcoin rotation?

Why is JOE’s price up today? (08/09/2025)

TLDR

JOE rose 0.98% over the last 24h, underperforming the broader crypto market’s 1.3% gain. The minor uptick contrasts with an 11% weekly drop and aligns with mixed technical signals. Key factors:

  1. Exchange Listings/Delistings Impact – Recent Kraken listing (July 2025) vs. OKX margin pair removal (July 2024)

  2. Product Updates – LFJ Token Mill V2 beta launch (July 2025) driving speculative interest

  3. Technical Rebound – Oversold RSI (44.46) and proximity to $0.161 support

Deep Dive

1. Exchange Activity (Mixed Impact)

Overview: JOE saw conflicting exchange developments: a Kraken listing on July 7, 2025, improved accessibility, while OKX delisted JOE/USDT margin trading on July 23, 2024, reducing leverage options.

What this means: Listings typically boost liquidity and visibility, but delistings (often tied to low volume or compliance) can signal regulatory/operational risks. The 24h volume surge to $5.13M (+24.86%) suggests traders are reacting to these competing forces.

2. LFJ Token Mill Momentum (Bullish Impact)

Overview: The July 15, 2025, launch of LFJ Token Mill V2 on Solana enabled on-chain token creation, potentially increasing JOE’s utility as a governance/ecosystem token.

What this means: New product rollouts often attract speculative capital, especially in DeFi sectors. However, JOE’s 14.76% 60-day gain vs. a 6.07% 90-day loss highlights uneven adoption.

3. Technical Indicators (Neutral/Bearish Bias)

Overview: JOE trades at $0.162, below the 200-day SMA ($0.175). The MACD histogram (-0.00062499) signals bearish momentum, but RSI (44.46) suggests oversold conditions.

What this means: Short-term traders might be capitalizing on dip-buying opportunities near the $0.161 support. A break above the 200-day SMA could signal trend reversal, but sustained weakness below $0.167 (50% Fibonacci) remains a risk.

Conclusion

JOE’s muted 24h gain reflects offsetting catalysts: product-driven optimism vs. technical and exchange-related headwinds. The token’s 48.8% annual decline underscores the need for stronger utility adoption to sustain rallies.

Key watch: Can JOE hold above the $0.161 support amid rising Altcoin Season Index (+63.64% monthly)? Monitor LFJ’s user growth metrics post-Token Mill V2 launch.

CMC AI can make mistakes. Not financial advice.