Jupiter (JUP) is currently trading at $0.142147, reflecting a 24-hour decline of 2.27%. The price has fluctuated between a high of $0.148026 and a low of $0.138029 over the past day, indicating a daily range of approximately 0.01%.

The trading volume stands at 28,503,945, equating to a volume-to-market cap ratio of 6.19%. This suggests moderate trading activity, but the recent decline in price coupled with a 7-day RSI of 42 indicates bearish momentum, as the asset is edging towards oversold territory.

Analyzing the moving averages, the 8 SMA ($0.1397) and 13 SMA ($0.1412) show slight upward trends of +1.75% and +0.69% respectively, while the 21 SMA ($0.1423) has a minor decline of -0.10%. Conversely, the 55 SMA ($0.1482) and 144 SMA ($0.1580) reflect downward trends of -4.11% and -10.01%, indicating broader selling pressure.

The 7-day price change of -23.61% and 14-day change of -34.71% further substantiate the ongoing downtrend. The asset is significantly below its all-time high of $2, achieved on January 31, 2024, suggesting substantial room for recovery but also heightened risk due to historical volatility.

Considering the current market conditions, including the negative price momentum, bearish RSI signals, and declining moving averages, a cautious approach is warranted. The recommendation is to Hold JUP, as potential short-term recovery may occur if the asset stabilizes above $0.1400, but significant upward movement appears unlikely in the immediate term given the broader downtrend.