Jupiter (JUP) is currently priced at $0.154649, experiencing a 24-hour decline of 2.79%. The daily trading range has been limited, with a high of $0.160385 and a low of $0.15362, indicating reduced volatility in the current market environment.

The volume for the last 24 hours stands at 14,635,077, representing 2.92% of the market cap, which suggests moderate trading activity. The hourly moving averages show a consistent downtrend, with the 8 SMA at $0.1556 reflecting a decrease of 0.62%, while longer-term SMAs indicate further declines, particularly the 144 SMA at $0.1587 with a drop of 2.58%.

The 1-hour RSI is currently at 34, indicating that JUP is approaching oversold territory, while the 7-day RSI at 48 suggests a neutral momentum. In terms of price performance, JUP has seen a significant drop over the past 30 days, with a price change of -21.08%, indicating a bearish trend that may discourage new investment in the short term.

The all-time high for JUP was recorded at $2 on January 31, 2024, which highlights the significant distance from the current price level and suggests potential for recovery, albeit contingent on broader market conditions. Given the current technical indicators and the sustained downward price momentum, caution is advised for new positions.

Overall, the recommendation for Jupiter (JUP) is to Hold. The recent declines and bearish technical indicators suggest a wait-and-see approach, allowing for potential stabilization or recovery before considering further investment.