Jito Price Prediction 2024-2030: Will JTO Price Hit $10?

Source Cryptopolitan

Key Takeaways

  • Jito price faces bullish pressure around $2.5.
  • 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

CryptocurrencyJito
TickerJTO
Price$2.5
Market Cap$500,964,185
Trading Volume$221,358,332
Circulating Supply1,000,000,000 JTO
All-time High$5.28
All-time Low$1.43

Jito Technical Analysis 

MetricValue
Current Price$2.5
Price Prediction $ 7.25  (234.51%)
Fear & Greed Index 27 (Fear)
Sentiment Bearish
Volatility 7.33%
Green Days 12/30 (40%)
50-Day SMA $ 2.57
200-Day SMA $ 2.84
14-Day RSI 38.48

JTO Price Analysis Jito price faces bullish surge toward $2.5

  • Resistance for JITO is present at $2.7
  • Support for JTO/USD is present at $1.8

The JTO price analysis for 28 September confirms that Jito witnessed bullish pressure due to increased buying activity. After surging above resistance levels, the price of Jito is now aiming for a hold above $2.5.

JITO price analysis 1-day chart: JTO price attempts to meet buyers’ demand

Analyzing the daily price chart of JTO tokens, JITO witnessed a bullish correction after bulls pushed the price above Fib lines. Over the last 24 hours, JITO price has been consolidating around the $2.5 resistance level. The 24-hour volume surged to $14 million, showing increased interest in trading activity today. JITO’s price is currently trading at $2.5, which has increased by over 1.1% in the last 24 hours.

JTO/USD chart. Image source: TradingView

The RSI-14 trend line has surged from its previous level and currently hovers around the 61level, showing that bulls are slowly gaining price momentum. The SMA-14 level suggests upward volatility in the next few hours.

JITO/USDT 4-hour price chart: Bearish dominance surges around EMA trendlines

The 4-hour JITO price chart suggests that JTO continues to experience bearish activity near EMA lines, creating a negative sentiment on the price chart. Bulls aim for a hold above the EMA20 trend line as the price continues to face resistance.

JTO/USD chart. Image source: TradingView

The BoP indicator trades in a bearish region at 0.33, suggesting sellers are trying to build pressure near resistance levels and boost a downward correction.

Additionally, the MACD trend line has formed red candles below the signal line, and the indicator aims for a negative momentum, strengthening bearish positions. 

Jito Price Predictions: Levels And Action

Daily Simple Moving Average (SMA) 

PeriodValueAction
SMA 3$ 2.21BUY
SMA 5$ 2.21BUY
SMA 10$ 2.39SELL
SMA 21$ 2.46SELL
SMA 50$ 2.57SELL
SMA 100$ 2.67SELL
SMA 200$ 2.84SELL

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$ 2.38SELL
EMA 5$ 2.39SELL
EMA 10$ 2.42SELL
EMA 21$ 2.49SELL
EMA 50$ 2.58SELL
EMA 100$ 2.73SELL
EMA 200$ 2.83SELL

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 $2.7, it may surge higher and touch the resistance at $2.9.

If bulls cannot initiate a surge, JITO price may drop below the immediate support line at $1.8, resulting in a correction to $1.6. 

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 up today? 

JTO’s price has support at $2, and buyers significantly pushed the price above $2.2, resulting in a notable recovery.

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

Jito, a liquid staking and MEV infrastructure project, is now the top protocol on Solana with $1.4 billion in total value locked. This equals about 10 million SOL, or roughly 38% of the Solana ecosystem’s $3.7 billion TVL, per DeFiLlama. Marinade is second with $1.37 billion, followed by Kamino ($1 billion), Raydium ($613 million), and Marginfi ($424 million).

Jito price prediction September 2024

Over the last few days, JTO coin prices have been downward, aiming to drop below crucial Fib levels. If the BTC price aims for a recovery above $65K this month, we might see a solid recovery in the JTO price. 

According to technical analysis, the JTO price might record a maximum level of $3.7 and a minimum of $1.2, with an average value of $2.5 throughout August.

Jito Price PredictionPotential LowPotential AveragePotential High
Jito Price Prediction September 2024$1.2$2.5$3.7

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 potentially climb to a maximum of $5.53, with an expected average around $5.05.

Jito Price PredictionPotential LowPotential AveragePotential High
Jito Price Prediction 2024$4.86$5.05$5.53

Jito price prediction 2025-2030

YearMinimum Price ($)Average Price ($)Maximum Price ($)
20257.147.348.56
202610.7211.0812.61
202714.9415.4918.79
202822.5523.1726.05
202933.5134.6739.75
203046.6047.9957.27

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 Market Price Prediction: Analysts’ JTO Price Forecast

Firm Name20242025
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

  • 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. 
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in MayEthereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Author  Beincrypto
May 07, Wed
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
May 08, Thu
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Ethereum Price Explodes Past $2,200 with 25% Surge—Momentum Builds FastEthereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
Author  NewsBTC
May 09, Fri
Ethereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
goTop
quote