Jupiter (JUP) is currently priced at $0.234477, reflecting a 2.87% increase over the last 24 hours. The price has fluctuated between a high of $0.248072 and a low of $0.219499 in the same timeframe, indicating a daily range of approximately 12.96%, suggesting moderate volatility.

The trading volume stands at 30,447,721, representing a volume-to-market cap ratio of 4.14%, which is relatively healthy and indicates active trading. The hourly moving averages show bullish momentum, with the 8 SMA at $0.2264 and the 13 SMA at $0.2246 both trending upward by over 3.5%, while the longer-term averages display mixed signals, especially the 144 SMA at $0.2336 showing minimal change.

The 1-hour RSI is at 60, suggesting near-term bullish momentum, while the 7-day RSI at 45 indicates that the asset is approaching oversold territory after a 5.52% decline over the past week. Additionally, the 14-day and 30-day price changes show declines of approximately 4.77% and 34.50%, respectively, indicating longer-term bearish pressure.

With the current price hovering near significant moving averages and a recent upward shift, the market sentiment appears cautiously optimistic. However, the overall trend is still bearish given the longer-term price declines and the 7-day RSI positioning.

Based on the current data, I assign a Hold rating to JUP. While the short-term indicators show potential for recovery, the longer-term bearish trends and recent price declines suggest that investors should remain cautious before committing to new positions.