Jupiter (JUP) is currently trading at $0.198021, reflecting a 24-hour decrease of 2.87%. The daily range has been relatively tight, with a high of $0.204748 and a low of $0.196387, indicating a market currently lacking volatility.

The volume for the last 24 hours is approximately 14.1 million, contributing to a volume-to-market cap ratio of 2.27%. This suggests that trading activity is moderate, yet insufficient to drive a reversal in the price trend amidst the recent bearish momentum.

Technical indicators reveal a bearish outlook with all short-term moving averages (8, 13, 21, and 55 SMA) trending downward, reflecting losses of up to 8.31% on the 144 SMA. Additionally, the one-hour RSI is extremely low at 24, indicating that JUP is in oversold territory, while the 7-day RSI at 42 suggests a lack of strong buying interest.

Over the past week, JUP has experienced a price decline of nearly 10%, and the 14-day and 30-day changes are even more significant, at -21.85% and -33.41%, respectively. These downward trends indicate persistent selling pressure and a lack of upward momentum in the near term.

Given the current market conditions and technical indicators, JUP is positioned in a bearish trend with no immediate signs of reversal. Therefore, a cautious approach is warranted, leading to a rating of Hold; investors should closely monitor for signs of stabilization before considering any buying opportunities.