JTO ($JTO ) Price Analysis for December 29

JTO has risen +2.03%, currently trading at $3.367, showing steady upward momentum as market interest grows in the token.

Market Overview

Market Cap: $926.51M

Fully Diluted Market Cap: $3.36B

Market Dominance: 0.0282%

Volume: $62.59M (Vol/Market Cap: 6.76%)

Circulating Supply: 276.16M JTO

Total Supply: 1B JTO

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Historical Context

Issue Date: December 7, 2023

All-Time High: $5.6083 (December 7, 2023)

All-Time Low: $0.5362 (December 7, 2023)

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Technical Analysis

JTO’s +2.03% increase over the past 24 hours indicates a solid rise in demand. The trading volume of $62.59M coupled with a 6.76% Vol/Market Cap ratio shows good market engagement. The circulating supply of 276.16M JTO suggests potential for more upward movement if the bullish trend continues.

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Key Levels to Watch

Resistance Level: Around $3.50

Support Level: Around $3.10

Potential for Upside: With continued demand, JTO could aim for a test of the $3.50 resistance level.

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Given the strong market activity and price action, JTO might continue to climb if momentum holds.