Key Takeaways:
- Jito price faces bearish pressure below $3
- 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 | $2.9 |
| 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 | $2.9 |
| 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 $3.26
- Support for JTO/USD is present at $2.68
The JTO price analysis for 22 December confirms that Jito witnessed bearish pressure due to increased selling activity. Currently, the price is aiming for a hold below $3.
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 the Fibonacci lines. Over the last 24 hours, JITO’s price has been holding around the $3 level. The 24-hour volume surged to $9.8 million, showing increased interest in trading activity today. JITO’s price is currently trading at $2.9, which has decreased by over 0.6% in the last 24 hours.
The RSI-14 trend line has declined from its previous level and currently hovers around the 39 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: Bears hold below EMA trend lines
The 4-hour JITO price chart suggests that JTO continues to experience bearish activity below EMA lines, creating a negative sentiment on the price chart. Currently, bears aim for a hold below the EMA20 trend line as the price faces resistance.
The BoP indicator trades in a bullish region at 0.16, suggesting buyers are trying to build pressure near resistance levels and boost an upward correction.
Additionally, the MACD trend line has formed green candles above the signal line, and the indicator aims for positive momentum, strengthening buying 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 $3.26, it may surge higher and touch the resistance at $3.78.
If bulls cannot initiate a surge, JITO price may drop below the immediate support line at $2.68, resulting in a correction to $2.31.
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’s price recover?
If JTO’s price faces buying demand around the current price level, we might see a strong rebound and JTO might surge toward $4.
Will JTO reach $10?
JTO price might reach the $10 mark in 2024 if 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 soon, 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 news/opinion on JTO news
- Solana-based Jito is set for its biggest token to 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.
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 climb to a maximum of $5.53, with an expected average of 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 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 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 of around $5.05.
Jito historical price sentiment
- 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, the JTO price fluctuated between $1.6 and $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 hovers between $1.8-$2.4.
- In November, the price of Jito made a remarkable surge as it reached a high of around $4.
