Jupiter (JUP) has experienced a significant decline, losing 3.19% against the US Dollar in the last 24 hours. The cryptocurrency also underperformed against Bitcoin and Ethereum, with losses of 2.86% and 3.57% respectively. Currently trading at $0.744280, JUP is 22.40% below its predicted price for October 13, 2024.

Despite a 5.16% gain over the past month, the medium-term trend remains bearish, with a 4.25% drop in the last three months. Technical indicators show a predominantly negative outlook, with 19 out of 25 indicators signaling a bearish forecast. The Fear & Greed index stands at 49, indicating neutral market sentiment. Given these factors, the market outlook for Jupiter remains pessimistic.