Jupiter Perpetuals Liquidity Provider Token (JLP) is currently priced at $4.71, showing a slight increase of 0.81628% over the last 24 hours. The daily price range has been relatively tight, fluctuating between a low of $4.66 and a high of $4.74, indicating low volatility and consolidation in the market.

Trading volume for JLP stands at approximately $18.7 million, which reflects a volume-to-market cap ratio of 1.09%. This suggests a moderate level of activity relative to its market capitalization, indicating that the token is experiencing healthy liquidity but is not yet attracting significant speculative interest.

The moving averages are showing mixed signals; the 8 SMA is slightly negative at -0.04%, while the 13 SMA has a positive change of +0.20%. The longer-term moving averages, such as the 21 SMA (+0.39%) and the 55 SMA (+0.27%), suggest a potential upward trend, although the 144 SMA is neutral, indicating that the overall trend may still be uncertain.

The 1-hour Relative Strength Index (RSI) is at 59, suggesting that the token is approaching overbought territory, while the 7-day RSI at 51 indicates it is in neutral territory, showing no clear directional bias in the short term. The 30-day price change of -12.92% signals that JLP has been underperforming recently, indicating potential resistance levels that may need to be overcome for a bullish reversal.

With an all-time high of $5.99 reached on October 6, 2025, there remains substantial upside potential if the token can regain bullish momentum. The recent positive price changes over the 7-day (+3.24%) and 14-day (+1.06%) periods indicate that market sentiment may be shifting slightly in favor of buyers.

Given the current data, JLP exhibits characteristics of a consolidation phase with potential for upward movement but also shows signs of exhaustion in the short term. Therefore, the recommendation is to Hold, as the token may benefit from a more favorable entry point or clearer bullish signals in the near future.