Jupiter (JUP) is currently trading at $0.196605, reflecting a 5.16% increase over the past 24 hours, indicating a strong bullish momentum. The price has seen a daily range of $0.009855, with a high of $0.196764 and a low of $0.186909, suggesting a healthy trading activity within this period.

Volume for the last 24 hours stands at 16,079,516, which represents 2.56% of the market cap, reflecting moderate trading interest. The hourly moving averages show positive trends across all intervals, with the 8 SMA at $0.1903 (+3.30%) and the 13 SMA at $0.1893 (+3.84%), indicating short-term bullish sentiment.

The 1-hour Relative Strength Index (RSI) is notably high at 90, suggesting that the asset is overbought in the very short term. Conversely, the 7-day RSI at 49 indicates a neutral trend, while the 14-day price change of +15.57% shows recovery potential after a dip.

In terms of price history, JUP has a 7-day price change of -1.37% and a significant decline of 20.46% over the past 30 days, indicating volatility and a need for cautious trading. The all-time high of $2 was reached on January 31, 2024, which shows substantial room for growth if the current positive momentum can be sustained.

Given the strong recent price movement and favorable short-term technical indicators, JUP exhibits potential for further gains. However, the high hourly RSI suggests a risk of a pullback in the immediate term, making it prudent to monitor for a correction before increasing positions.

Rating: Hold. The current bullish trend is encouraging, but the overbought conditions warrant caution for immediate entry.