Jupiter (JUP) is currently experiencing a significant decline in price, with a 13.01% drop in the past 24 hours. Its market capitalization has decreased by 12.21% and now stands at $1.94 billion. The trading volume has increased by 38.93%, reaching $342.72 million, resulting in a market cap ratio of 17.64%. Jupiter has immediate support at $0.72, with the possibility of testing the next support at $0.68 if the previous level breaks. On the upside, resistance is at $0.75, and if broken, the price may reach $0.80. The RSI indicates oversold conditions, but the RSI average line suggests potential buying pressure in the near term. The CMF reflects significant capital outflow and ongoing bearish sentiment. The moving average lines have shown a bearish crossover, indicating downward pressure unless buying momentum increases. If Jupiter breaks below the $0.72 support level, the bearish trend may intensify, while a rebound above $0.75 could attract fresh buying interest. Overall, the price action of Jupiter suggests a bearish outlook with oversold signals, while the increase in trading volume indicates heightened market interest. Traders should monitor the $0.72 support and $0.75 resistance levels for the next potential move.



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