Jupiter (JUP) is currently priced at $0.153465, reflecting a 24-hour decline of 5.72%. The daily trading range has been relatively tight, with a low of $0.1505 and a high of $0.165515, indicating limited volatility in the short term.

Trading volume stands at approximately 24.03 million JUP, representing 4.83% of its market capitalization. This volume is a moderate indicator of market interest but may not be sufficient to drive significant price recovery following recent losses.

Moving averages show a bearish trend, with all key short-term averages (8, 13, and 21 SMA) trending downwards, suggesting further price weakness. The 55 SMA at $0.1626 also indicates continued selling pressure, as it reflects a 5.64% drop from the current price.

The 1-hour RSI is at an extremely low level of 22, indicating that JUP is in oversold territory in the very short term. In contrast, the 7-day RSI of 53 suggests a neutral stance, but the price changes over the last 14 and 30 days (-18.16% and -23.81%, respectively) reflect significant downward momentum.

The all-time high for JUP was recorded at $2.00 on January 31, 2024, which highlights the potential for future growth if market conditions improve. However, the substantial current distance from this peak suggests a long recovery path ahead and emphasizes the need for caution.

Given the bearish indicators across moving averages and the low RSI readings, along with the recent price decline, a HOLD rating is recommended. This approach allows for potential market recovery while mitigating the risks associated with further short-term declines.