Jupiter (JUP) experiences a -3.90% decline against the US Dollar and a -5.55% decline against BTC. Despite the negative market trend, moderate optimism about BTC remains.

JUP is currently trading 28.16% below our April 16, 2024 prediction. However, it has gained 60.03% in the past month and is up 78.16% since a year ago.

JUP price today is $1.29, after losing -3.90% in the last 24 hours. Despite its underperformance compared to the cryptocurrency market, JUP is expected to reach a price of $1.80 by April 16, 2024, which would represent an increase of 30.57% in the next 5 days.

Sentiment in Jupiter markets is currently bearish, and the Fear and Greed index indicates extreme greed. The key support levels to watch are $1.28, $1.20 and $1.14, while the key resistance levels are $1.41, $1.46 and $1.54.

Technical signals indicate a bearish prediction for JUP, with 6 indicators signaling a bullish prediction and 15 indicators showing a bearish forecast. This results in generally bearish sentiment for Jupiter.

The cryptocurrency market is experiencing extreme greed, with the Fear and Greed index at 76. Despite this optimism, JUP is trading below the 50 SMA trend line, which is a bearish sign.

Conclusion: The current prediction for Jupiter price is bearish. JUP would need to rise 30.57% to reach our target of $1.80 over the next five days. However, cryptocurrency markets are unpredictable and show a lot of price volatility.

Disclaimer: This is not investment advice. The information provided is for general purposes only. Please seek independent professional advice in the form of legal, financial and tax advice before making any investment decisions.