Jupiter (JUP) is currently priced at $0.18958, experiencing a notable 24-hour decline of 5.42%. The price has ranged from a low of $0.189532 to a high of $0.202577 within the last day, indicating some volatility but ultimately trending downwards.

The trading volume stands at 19,930,927, with a volume-to-market cap ratio of 3.29%, suggesting moderate interest in the asset. Moving averages show a consistent downward trend, with the 8 SMA at $0.1958 reflecting a decrease of 3.18%, and the longer-term 144 SMA at $0.2164 indicating a decline of 12.41% over time.

The RSI metrics indicate oversold conditions, with the 1-hour RSI at 20 and the 7-day RSI at 38. These figures suggest that the asset may be undervalued in the short term, yet the significant price drops over the past two weeks, with a 14-day decline of 17.47%, point towards bearish momentum.

From a longer-term perspective, JUP has seen a slight increase of 0.91% over the last 30 days, but this is overshadowed by recent losses. The all-time high of $2.00 was achieved earlier this year, which adds context to the current price level and highlights the significant distance from peak valuations.

Given the current technical indicators and price action, a cautious approach is warranted. The asset is facing bearish pressure, but oversold conditions suggest potential for a rebound.

Rating: Hold. While there is room for recovery, the prevailing bearish trend and recent declines suggest that entering a new position may be premature at this stage.