Jupiter (JUP) is currently priced at $0.176038, reflecting a significant 24-hour decline of 11.44%. The price has fluctuated between a high of $0.198773 and a low of $0.168088 over the past day, indicating heightened volatility with a daily range of 0.030685%.

The trading volume stands at approximately 58.36 million JUP, which corresponds to a market cap volume ratio of 10.24%. Moving averages indicate a bearish trend, with the 8 SMA and 13 SMA both showing a decline of 1.74%, while longer-term averages like the 55 SMA and 144 SMA have dropped by 8.51% and 11.31%, respectively.

Technical indicators suggest indecision in the market, as the 1-hour RSI is at 51, indicating neutrality, while the 7-day RSI sits at 47, bordering on oversold territory. The 7-day price change of -11.49% and the 14-day change of -20.57% further reinforce the bearish sentiment in the market.

Considering the recent price action and moving average trends, Jupiter has lost approximately 12.95% over the past 30 days and remains significantly below its all-time high of $2 reached earlier this year. The current downward momentum combined with declining moving averages suggests a lack of bullish strength in the near term.

Based on this analysis, I recommend a Hold rating for JUP at this time. While the price may present a buying opportunity for long-term investors, the short-term bearish indicators and recent performance suggest caution before making new positions.