Key Takeaways Jito price faces bearish pressure below $3.5 Our Jito price prediction expects the JTO price to record a maximum of $5.53 in 2024. In 2030, we expect the JTO price to achieve $57.27. In December 2023, the Jito (JTO) token airdrop garnered significant attention for the Solana blockchain , which had been facing challenging times. The event also highlighted the importance of liquid staking on Solana while empowering holders to influence platform governance. Based on these developments, we’ve compiled our Jito price prediction, explored the factors behind these forecasts, and provided insights into the role and utility of the JTO token. Overview Cryptocurrency Jito Ticker JTO Price $3.5 Market cap $500,964,185 Trading volume $221,358,332 Circulating supply 1,000,000,000 JTO All-time high $5.28 All-time low $1.43 Jito technical analysis Metric Value Current Price $3.5 Price Prediction $ 12.30 (230.54%) Fear & Greed Index 78 (Extreme Greed) Sentiment Bullish Volatility 16.14% Green Days 19/30 (63%) 50-Day SMA $ 2.76 200-Day SMA $ 2.83 14-Day RSI 62.26 JTO price analysis Resistance for JITO is present at $3.86 Support for JTO/USD is present at $3.19 The JTO price analysis for 4 December confirms that Jito witnessed bearish pressure due to increased selling activity. Currently, the price is aiming for a drop below $3.5. JITO price analysis 1-day chart: JTO price faces selling demand Analyzing the daily price chart of JTO tokens, JITO witnessed a bearish correction after bears pushed the price below Fib lines. Over the last 24 hours, JITO’s price has been holding around the $3.5 level. The 24-hour volume surged to $25.8 million, showing increased interest in trading activity today. JITO’s price is currently trading at $3.5, which has decreased by over 0.6% in the last 24 hours. JTO/USD chart. Image source: TradingView The RSI-14 trend line has declined from its previous level and currently hovers around the 56 level, showing that bears are slowly gaining price momentum. The SMA-14 level suggests upward volatility in the next few hours. JITO/USDT 4-hour price chart: Bullish dominance surges above EMA trendlines The 4-hour JITO price chart suggests that JTO continues to experience bullish activity above EMA lines, creating a positive sentiment on the price chart. However, bears aim for a hold below the EMA20 trend line as the price faces resistance. JTO/USD chart. Image source: TradingView The BoP indicator trades in a bearish region at 0.78, suggesting sellers are trying to build pressure near support levels and boost a downward correction. However, the MACD trend line has formed green candles above the signal line, and the indicator aims for positive momentum, strengthening bullish positions. Jito price predictions: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 3.06 BUY SMA 5 $ 3.34 BUY SMA 10 $ 3.40 BUY SMA 21 $ 3.29 BUY SMA 50 $ 2.76 BUY SMA 100 $ 2.45 BUY SMA 200 $ 2.83 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 3.17 BUY EMA 5 $ 2.93 BUY EMA 10 $ 2.62 BUY EMA 21 $ 2.39 BUY EMA 50 $ 2.30 BUY EMA 100 $ 2.38 BUY EMA 200 $ 2.55 BUY What to expect from JITO price analysis next? The hourly price chart confirms bears are making efforts to prevent the JITO price from an immediate surge. However, if the JITO price successfully breaks above $3.86, it may surge higher and touch the resistance at $4.47. JTO/USD chart. Image source: TradingView If bulls cannot initiate a surge, JITO price may drop below the immediate support line at $3.19, resulting in a correction to $2.62. Is Jito a good investment? For enthusiasts within the Solana community, the introduction of JTO marks a significant event, as it empowers users to govern one of the network’s largest liquid staking protocols. Undoubtedly, those engaged with the protocol will be keenly interested in the token. Another critical factor influencing predictions for Jito’s price in 2024 is the progress of the Jito protocol itself. While there’s no specific roadmap to anticipate upcoming enhancements, unveiling a future roadmap or declaration of forthcoming developments could significantly boost interest in the token. Why is the JTO price down today? JTO’s price lost its momentum around $3.5, resulting in a minor correction. Sellers are currently defending a surge above the $4 mark. Will JTO Price Recover? If JTO price faces buying demand around the current price level, we might see a strong rebound and JTO might surge toward $4. Will JTO price reach $10? JTO price might soon reach the $10 mark in 2024 if the buying demand surges and Jito attracts altcoin investors. However, our JTO price prediction states it might reach the $10 level by 2026. Will JTO price reach $100? Due to the effort of the Solana community, JITO Coin’s prices will continue to increase. However, there is currently no indication that the JITO (JTO) Coin will reach $100 in the near future, which is a short-term target. Is JTO a good long-term investment? JTO tokens have gained popularity thanks to strong community support through airdrops, benefiting the Solana ecosystem. However, conducting thorough research into their long-term potential is crucial to determine if they represent a viable long-term investment. Recent JTO news/ Opinions Solana-based Jito is set for its biggest token unlock on December 7, with 135.71 million JTO tokens valued at approximately $521 million. This release, equivalent to about 103% of the current circulating supply, will be allocated to core contributors and investors. Jito price prediction December 2024 Over the last few days, JTO coin prices have been upward, aiming to surge above crucial Fib levels. If the BTC price aims for a move above $100K this month, we might see a solid surge in the JTO price. According to technical analysis, the JTO price might record a maximum level of $4.2 and a minimum of $2.8, with an average value of $3.1 throughout December. Jito price prediction Potential low Potential average Potential high Jito Price Prediction December 2024 $2.8 $3.1 $4.2 Jito price prediction 2024 The effects of Bitcoin Halving typically appear 12-18 months afterward, but 2024 might see a different trend due to heightened institutional interest and improved macroeconomic factors. See also Bonk price prediction 2024 – 2030: How high will Bonk go? During the JTO airdrop, the token was available on major exchanges except Kraken, leaving one significant listing announcement to excite traders. However, this impact is likely minor. Progress on the Jito protocol is a critical factor influencing the 2024 Jito price forecast. While there isn’t a clear roadmap, announcing future developments could boost interest in the token. Based on technical analysis and forecast data, the projected minimum price of Jito in 2024 is $4.86. The price could potentially climb to a maximum of $5.53, with an expected average around $5.05. Jito price prediction Potential low Potential Average Potential High Jito Price Prediction 2024 $4.86 $5.05 $5.53 Jito price prediction 2025-2030 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2025 7.14 7.34 8.56 2026 10.72 11.08 12.61 2027 14.94 15.49 18.79 2028 22.55 23.17 26.05 2029 33.51 34.67 39.75 2030 46.60 47.99 57.27 Jito Price Prediction 2025 According to the JTO tokenomics, additional Jito tokens will be released at the close of 2024 and the start of 2025, continuing throughout the year. This increase is likely to exert downward pressure on the value of Jito crypto. However, 2025 is also expected to showcase the significant impact of the Bitcoin Halving, which could propel crypto markets and tokens to new all-time highs, potentially boosting the Jito token price. A comprehensive technical analysis of past pricing trends suggests that in 2025, Jito is anticipated to have a minimum price of $7.14. Its maximum price could reach $8.56, with an expected average trading value of $7.34. JTO Price Forecast for 2026 If the crypto market continues to witness increased institutional adoption, we might see a milestone in the total market cap, resulting in upward pressure on the JTO price. In 2026, the forecasted minimum price for Jito is $10.72. The coin may reach a high of $12.61, with an estimated average value of $11.08 throughout the year. Jito (JTO) Price Prediction 2027 Technical analysis indicates that by 2027, Jito will likely have a minimum price of $14.94. The projected maximum price could reach $18.79, while the average trading price is estimated at $15.49. Jito Price Prediction 2028 Projections for 2028 indicate that the lowest expected price for Jito is $22.55. The coin may achieve a maximum value of $26.05, with an average forecast value of $23.17. Jito Price Prediction 2029 In 2029, Jito is expected to have a minimum price of $33.51. The coin’s value could rise to a maximum of $39.75, with an average price of $34.67 throughout the year. Jito (JTO) Price Prediction 2030 Looking ahead to 2030, Jito is expected to reach a minimum price of $46.60. Its maximum value could be as high as $57.27, with an anticipated average price of $47.99 throughout the year. JITO price prediction 2024 – 2030 Jito Market Price Prediction: Analysts’ JTO Price Forecast Firm Name 2024 2025 Coincodex $8.5 $19.74 DigitalCoinPrice $8.8 $24.37 Changelly $4.25 $6.45 Cryptopolitan’s Jito Price Prediction At Cryptopolitan, we are bullish on the Jito price movements as the coin is expected to surge to new highs by the end of this year. Based on technical analysis and forecast data, the projected minimum price of Jito in 2024 is $4.86. The price could potentially climb to a maximum of $5.53, with an expected average around $5.05. Jito Historical Price Sentiment JTO price history December 2023: Launched at a value of $2.0608. Early January 2024: Dropped below $1.5127. April 3, 2024: Reached an all-time high of $4.87. However, JTO dropped steeply toward $2.5 by 17 April. In May, the price dropped and consolidated around $3.5. In June, the price of JTO continued to decline and made a low near $2. In July, JTO price fluctuated between $1.6-$3.3. In recent weeks of August, the price of JTO declined heavily toward the low of $2. In September, the price of Jito attempted to surge above the $2.5 mark. However, it failed to maintain the buying momentum. In recent weeks of October, the price of JTO is hovering between $1.8-$2.4. In November, the price of Jito made a remarkable surge as it formed a high around $4.
