JITO
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Jito JTO price shows strength
$JTO
JTO price has been holding up quite well and confidently over the past week
At the moment, the #JITO coin is worthy of attention and follow-up.
đ We can try to bribe JTOUSDT closer to the levels of $2.25 or $2
And then wait for rapid growth to the $3.50 area
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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JTO price has been holding up quite well and confidently over the past week
At the moment, the #JITO coin is worthy of attention and follow-up.
đ We can try to bribe JTOUSDT closer to the levels of $2.25 or $2
And then wait for rapid growth to the $3.50 area
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
If you want coin analysis like BTC , ETH , SOL , DOGS , PEPE , SHIB ....etc just follow me
#JTO #JITO Pruce Prediction 2024
Month | Minimum Price | Average Price | Maximum Price | Potential ROI
February$1.89$1.98$2.07
0%
March$1.96$2.04$2.15
3.9%
April$2.00$2.08$2.23
7.7%
May$2.05$2.12$2.34
13%
June$2.13$2.20$2.42
16.9%
July$2.22$2.29$2.51
21.3%
August$2.29$2.38$2.60
25.6%
September$2.41$2.48$2.72
31.4%
October$2.48$2.55$2.82
36.2%
November$2.58$2.66$2.92
41.1%
December$2.66$2.74$3.05
47.3%
All Time$2.20$2.29$2.49
20%
#TradeNTell #Write2Earn #Prediction
Month | Minimum Price | Average Price | Maximum Price | Potential ROI
February$1.89$1.98$2.07
0%
March$1.96$2.04$2.15
3.9%
April$2.00$2.08$2.23
7.7%
May$2.05$2.12$2.34
13%
June$2.13$2.20$2.42
16.9%
July$2.22$2.29$2.51
21.3%
August$2.29$2.38$2.60
25.6%
September$2.41$2.48$2.72
31.4%
October$2.48$2.55$2.82
36.2%
November$2.58$2.66$2.92
41.1%
December$2.66$2.74$3.05
47.3%
All Time$2.20$2.29$2.49
20%
#TradeNTell #Write2Earn #Prediction
NEW #listing Alert!.
#BinanceâŻwill list #JITO $JTO with Seed Tag applied.
#BullRunPredictions #BNBđĽ #CZBinance
#BinanceâŻwill list #JITO $JTO with Seed Tag applied.
#BullRunPredictions #BNBđĽ #CZBinance
đđŞ JTO, a Solana-based liquidity staking protocol, opens JITO airdrop claims on December 7th. 80% of the 100 million JITO airdrops go to eligible JitoSOL users, 15% to Jito-Solana validators, and 5% to Jito MEV investigators. đ
đź #JITO #Solana #AirdropClaim
Top 10 Tokens by Volume on Solana
1.) Solana ($3.7B)
2.) Bonk ($476.56M)
3.) GMT ($191.56M)
4.) Render Token ($155.84M)
5.) JITO ($86.4M)
6.) SushiToken - Portal ($49.14M)
7.) Wootrade Network ($47.8M)
8.) Frax Share - Portal ($47.42M)
9.) Helium Network ($47M)
10.) Pyth Network ($24.23M) #solana #BONK #GMT #JITO
1.) Solana ($3.7B)
2.) Bonk ($476.56M)
3.) GMT ($191.56M)
4.) Render Token ($155.84M)
5.) JITO ($86.4M)
6.) SushiToken - Portal ($49.14M)
7.) Wootrade Network ($47.8M)
8.) Frax Share - Portal ($47.42M)
9.) Helium Network ($47M)
10.) Pyth Network ($24.23M) #solana #BONK #GMT #JITO
Top 15 Projects by Last 30-Day TVL Growth in Solana's Thriving Ecosystem. đ˛đ¤đ¸
Solana, a blockchain platform known for its high-performance capabilities, has seen remarkable growth in Total Value Locked (TVL) across various projects. Here's a snapshot of the top 15 projects based on their impressive 30-day TVL growth:
- Kamino +%824
- BlazeStake +%561
- Drift +%226
- Streamflow +%222
- marginfi +%218
- Raydium +%178
- Meteora +%173
- Orca +%172
- Marinade +%144
- SPL Governance +%118
- Sanctum +%111
- JPool +%110
- Dual Finance +%104
- Jito +%98
- Saber +%92
Source: CryptoRank_io
These projects showcase the vibrant and dynamic nature of Solana's ecosystem, attracting significant attention and investment within a short span. Keep an eye on these developments as Solana continues to establish itself as a prominent player in the blockchain space.
#sol #Solana #JITO #JitoSOL #tvl
Solana, a blockchain platform known for its high-performance capabilities, has seen remarkable growth in Total Value Locked (TVL) across various projects. Here's a snapshot of the top 15 projects based on their impressive 30-day TVL growth:
- Kamino +%824
- BlazeStake +%561
- Drift +%226
- Streamflow +%222
- marginfi +%218
- Raydium +%178
- Meteora +%173
- Orca +%172
- Marinade +%144
- SPL Governance +%118
- Sanctum +%111
- JPool +%110
- Dual Finance +%104
- Jito +%98
- Saber +%92
Source: CryptoRank_io
These projects showcase the vibrant and dynamic nature of Solana's ecosystem, attracting significant attention and investment within a short span. Keep an eye on these developments as Solana continues to establish itself as a prominent player in the blockchain space.
#sol #Solana #JITO #JitoSOL #tvl
$BONK did you guys buy bonk???
$JTO did you guys buy jto???
Those who hold leave comments đđđ#Write2Earn
#JITO
#BONK/USDT
$JTO did you guys buy jto???
Those who hold leave comments đđđ#Write2Earn
#JITO
#BONK/USDT
Jito, a liquid staking and MEV infrastructure project, has emerged as the leading protocol on Solana with $1.4 billion in total value locked.
This represents approximately 38% of the Solana ecosystem's $3.7 billion TVL, equivalent to around 10 million SOL.
#JITO #JitoNetwork #JitoSOL #buythedip #BullorBear
This represents approximately 38% of the Solana ecosystem's $3.7 billion TVL, equivalent to around 10 million SOL.
#JITO #JitoNetwork #JitoSOL #buythedip #BullorBear
đĽWill bulls on #Jito 's stock use his second opportunity to push the price up to $6?
A huge breakout rally is predicted by Jito's cup and handle arrangement.
Assuming the $3.86 support level remains intact, #JTO may set off a 55% surge to $6.00.
The bullish argument will be rendered useless if the $3.86 barrier is decisively broken.
After completing a bullish consolidation pattern on March 31, the price of Jito (JTO) started a breakout rise. Since then, JTO has set off a meteoric rise, but the market has been too volatile to keep it going. The Solana-based token is now contemplating its second surge.
Between December 9, 2023, and March 16, 2024, there were two rounded bottom patterns formed by the price movement of Jito. Named for the fact that the first structure, measuring about 55% deep, is a cup and the second is a handle. A horizontal resistance level may be formed by connecting the swing highs of these structures using a trend line.
A technical confirmation of a breakthrough from the cup and handle pattern would be a breach over this $3.86 resistance level. A 55% rise is predicted by this technical formation. The target price is $6, which is determined by adding the depth of the cup to the breakout point at $3.86.
Jito price surged 38% and established a local high at $5.32 after first breaking over the $3.86 barrier. Nevertheless, cryptocurrencies saw a decline as a result of Bitcoin's regression. So, Jito price is trading around $4.08 with hopes of a bigger increase after retesting the $3.86 support level.
Both the Awesome Oscillator and the Relative Strength Index are around their respective mean values of 0 and 50, indicating that a reset may result in a rebound. Jumbo is therefore in a favorable position to begin a rebound. A fresh wave of interest or approval from the major cryptocurrency would be all that's needed.
If, however, the price of Jito were to break through the $3.86 support level on the daily chart and transform it into a resistance level, the bullish thesis would be rendered useless.
#JITO $JTO
A huge breakout rally is predicted by Jito's cup and handle arrangement.
Assuming the $3.86 support level remains intact, #JTO may set off a 55% surge to $6.00.
The bullish argument will be rendered useless if the $3.86 barrier is decisively broken.
After completing a bullish consolidation pattern on March 31, the price of Jito (JTO) started a breakout rise. Since then, JTO has set off a meteoric rise, but the market has been too volatile to keep it going. The Solana-based token is now contemplating its second surge.
Between December 9, 2023, and March 16, 2024, there were two rounded bottom patterns formed by the price movement of Jito. Named for the fact that the first structure, measuring about 55% deep, is a cup and the second is a handle. A horizontal resistance level may be formed by connecting the swing highs of these structures using a trend line.
A technical confirmation of a breakthrough from the cup and handle pattern would be a breach over this $3.86 resistance level. A 55% rise is predicted by this technical formation. The target price is $6, which is determined by adding the depth of the cup to the breakout point at $3.86.
Jito price surged 38% and established a local high at $5.32 after first breaking over the $3.86 barrier. Nevertheless, cryptocurrencies saw a decline as a result of Bitcoin's regression. So, Jito price is trading around $4.08 with hopes of a bigger increase after retesting the $3.86 support level.
Both the Awesome Oscillator and the Relative Strength Index are around their respective mean values of 0 and 50, indicating that a reset may result in a rebound. Jumbo is therefore in a favorable position to begin a rebound. A fresh wave of interest or approval from the major cryptocurrency would be all that's needed.
If, however, the price of Jito were to break through the $3.86 support level on the daily chart and transform it into a resistance level, the bullish thesis would be rendered useless.
#JITO $JTO
See original
90% of $370 million withdrawn from Ethereum moved to Solana and Sui networks
Data from the Wormhole blockchain bridge shows that $370 million in liquidity moved from the Ethereum network to other blockchains, with almost 90% of this volume coming from Sui and Solana.
Wormhole COO Dan Reeser told DL News that part of the Sui network's appeal can be attributed to its incentive program, which "drives a lot of DeFi activity."
In the case of Solana, the popularity, according to the expert, may be âdue to the fact that people want to earn points in various applications of this network, inspired by the reward program on Jito.â
#ETH2024 #Solanađđđ #JITO #Sui
$SUI $ETH $SOL
Data from the Wormhole blockchain bridge shows that $370 million in liquidity moved from the Ethereum network to other blockchains, with almost 90% of this volume coming from Sui and Solana.
Wormhole COO Dan Reeser told DL News that part of the Sui network's appeal can be attributed to its incentive program, which "drives a lot of DeFi activity."
In the case of Solana, the popularity, according to the expert, may be âdue to the fact that people want to earn points in various applications of this network, inspired by the reward program on Jito.â
#ETH2024 #Solanađđđ #JITO #Sui
$SUI $ETH $SOL
Daily Market Report, 12 January
The crypto market hasn't moved much with major cryptos over the last day but is still under bullish control.
This is shown by the 1.49% increase in the marketâs total market cap, putting this metric at around $1.74 trillion.
The marketâs heatmap looks like this:
We can see a great deal of bullish dominance in the market, as shown by the heatmap above.
The last 24 hours have seen about $220 million taken from the general crypto market. However, the interesting aspect of this is how the bulls and bears have almost similar liquidation scores.
While $110.1 million has been taken from the bulls, the bears have lost about $110.5 million.
Overall, we can conclude that the bulls are in control of the market. Even though the marketâs liquidations have been neutrally harsh towards both sides over the last day. Â
Bitcoin: Bull Trap Of The Year?
Yesterday, Bitcoin rallied straight up to $49,000 yesterday, in what seemed to be answered prayers for the bulls. However, the bullish boat soon capsized when Bitcoin began to decline heavily, eventually hitting a daily close of $46,300.
At the end of the day, the bulls were liquidated to the tune of $41.97 million as Bitcoin continued to plummet downwards.
This weekâs ETF approval being a âsell the newsâ event is still under speculation. However, this possibility is still not out of the question. Investors are advised to approach with caution. Â
More Upside For Ethereum
Ethereum appears to have successfully converted the $2,450 zone into support, and continues going further upwards as shown below:
Ethereum currently trades at around $2,617 and is about to convert $2,500 to support.
If Ethereum is successful at this point, the bulls only need a small bit of momentum to spark a rally to $3,000 or even higher. Â
The Return Of Jito
Jito, one of the most famous Solana-based cryptocurrencies, appears to be in a price recovery.
After falling straight down to $1.46 in the initial slump that affected Solana and all its other minor cryptocurrencies like Bonk and Pyth, Jito appears to be waking up again.
Jito is up by 13% today, starting what seems like a rebound move from here. If this setup is valid, Jito can rally all the way up, to anywhere between $2.9 and $4.46 in 39% and 113% price movements respectively Â
FTT: Could This Be The Biggest Long Opportunity?
Keep in mind that this is not financial advice and that the FTX token (FTT) is marked as "monitoring" on Binance for a reason.
However, after a severe decline that has lasted since November 2022, FTT appears to be in a rebound from the $2.3 support. If this setup turns out to be valid, FTT has about a 90% rally to make towards its previous local high of $6.1.
And if this turns out to be THE recovery, FTTâs next resistance after $6.1 is around $22, in what appears to be a possible 609% rally. Â
The Recovery On Constitution DAO ($PEOPLE )
The ascending trendline on PEOPLE below has been valid for most of 2024.
The cryptocurrency has now rebounded from this trendline and is aiming for a break above its previous local high of around $0.05789.
If PEOPLE successfully breaks above this resistance, the bulls will have confirmed their standing, and PEOPLE will be poised to continue further upwards to $0.073 or higher.
#BTC #ETH #PEOPLE #JITO #FTT
$PEOPLE $FTT $BTC
This is shown by the 1.49% increase in the marketâs total market cap, putting this metric at around $1.74 trillion.
The marketâs heatmap looks like this:
We can see a great deal of bullish dominance in the market, as shown by the heatmap above.
The last 24 hours have seen about $220 million taken from the general crypto market. However, the interesting aspect of this is how the bulls and bears have almost similar liquidation scores.
While $110.1 million has been taken from the bulls, the bears have lost about $110.5 million.
Overall, we can conclude that the bulls are in control of the market. Even though the marketâs liquidations have been neutrally harsh towards both sides over the last day. Â
Bitcoin: Bull Trap Of The Year?
Yesterday, Bitcoin rallied straight up to $49,000 yesterday, in what seemed to be answered prayers for the bulls. However, the bullish boat soon capsized when Bitcoin began to decline heavily, eventually hitting a daily close of $46,300.
At the end of the day, the bulls were liquidated to the tune of $41.97 million as Bitcoin continued to plummet downwards.
This weekâs ETF approval being a âsell the newsâ event is still under speculation. However, this possibility is still not out of the question. Investors are advised to approach with caution. Â
More Upside For Ethereum
Ethereum appears to have successfully converted the $2,450 zone into support, and continues going further upwards as shown below:
Ethereum currently trades at around $2,617 and is about to convert $2,500 to support.
If Ethereum is successful at this point, the bulls only need a small bit of momentum to spark a rally to $3,000 or even higher. Â
The Return Of Jito
Jito, one of the most famous Solana-based cryptocurrencies, appears to be in a price recovery.
After falling straight down to $1.46 in the initial slump that affected Solana and all its other minor cryptocurrencies like Bonk and Pyth, Jito appears to be waking up again.
Jito is up by 13% today, starting what seems like a rebound move from here. If this setup is valid, Jito can rally all the way up, to anywhere between $2.9 and $4.46 in 39% and 113% price movements respectively Â
FTT: Could This Be The Biggest Long Opportunity?
Keep in mind that this is not financial advice and that the FTX token (FTT) is marked as "monitoring" on Binance for a reason.
However, after a severe decline that has lasted since November 2022, FTT appears to be in a rebound from the $2.3 support. If this setup turns out to be valid, FTT has about a 90% rally to make towards its previous local high of $6.1.
And if this turns out to be THE recovery, FTTâs next resistance after $6.1 is around $22, in what appears to be a possible 609% rally. Â
The Recovery On Constitution DAO ($PEOPLE )
The ascending trendline on PEOPLE below has been valid for most of 2024.
The cryptocurrency has now rebounded from this trendline and is aiming for a break above its previous local high of around $0.05789.
If PEOPLE successfully breaks above this resistance, the bulls will have confirmed their standing, and PEOPLE will be poised to continue further upwards to $0.073 or higher.
#BTC #ETH #PEOPLE #JITO #FTT
$PEOPLE $FTT $BTC
$JTO Looks ready to PUMP from here đą đą
target yellow line âď¸
SEND IT ?? đ
NFA and always DYOR.
#jto #JTOusdt #JITO #IOprediction #TopCoinsJune2024
target yellow line âď¸
SEND IT ?? đ
NFA and always DYOR.
#jto #JTOusdt #JITO #IOprediction #TopCoinsJune2024
Trending
Exploring the Hottest Cryptocurrencies: 5 Key Digital Assets Worth Monitoring This Week
1. Bitcoin:
- Current volatility attributed to new spot ETFs.
- Potential for a crypto rebound from $42,500 to $47,000 this week.
2. Ethereum:
- Maintaining stability above $2,460.
- Promising signs for a rally towards $3,000.
3. Solana:
- Demonstrating bullish trends under $100.
- Aiming for a potential surge of about 40%, reclaiming previous highs around $126.
4. Jito:
- Found support at $1.43.
- Signals suggest a possible 40% climb, targeting $3.6.
5. Internet Computer (ICP):
- Consolidating above $11.7.
- Indications point towards a bullish trend with a potential gain of 40-60% towards $18-$21.
In the previous week, the crypto market experienced significant volatility, particularly due to the approval of spot Bitcoin ETFs. The market witnessed fluctuations where Bitcoin alternately outperformed altcoins, and vice versa, sometimes leading to simultaneous crashes or declines.
Despite the turbulence, we have identified several cryptocurrencies worth monitoring in the upcoming week, considering factors such as price action, historical performance, and relevant news.
1. Bitcoin:
Bitcoin remains a key focus, mainly due to the novelty of ETFs in the market and their uncertain impact on Bitcoin's price. The cryptocurrency exhibited both gains and losses attributed to ETF developments throughout the week, contributing to speculation about whether the approval was a "sell-the-news" event. Bitcoin, currently stabilizing around $42,500, might experience a rebound from the ascending trendline when ETFs resume trading on Monday. A potential rally to $47,000 is plausible if Bitcoin maintains support above $42,500.
2. Ethereum:
While Ethereum's performance may mirror Bitcoin's sluggishness, it has shown resilience above $2,460, a crucial support level for its near and medium-term outlook. Predicted to reach $3,000 or even $3,500, Ethereum's success in achieving this depends on maintaining support above $2,460. A potential rally to $3,000 is anticipated, but a break below the trendline could lead to a decline to $2,300.
3. Solana:
Solana, currently trading around $100, exhibits signs of strong bullishness despite facing psychological resistance. Staying above the ascending trendline, Solana is poised for an upward move. However, confirmation of bullish strength requires breaking and closing above the previous high of $126 from December 25th.
4. JITO (Solana-based):
JITO, a popular Solana-based cryptocurrency, has found support around $1.43 and appears to be in the midst of a rebound. The chart suggests a potential 40% rally to the next resistance point at $3.6. Trading at approximately $2.62 with a 26.5% increase in the last day, JITO exhibits a strong bullish presence.
5. Internet Computer:
Similar to Ethereum, Internet Computer broke above the $11.7 resistance and is consolidating above this level. The consolidation, marked by higher highs around $11, indicates a strong bullish trend. Internet Computer is showing signs of initiating a rebound, with a potential price target between $18 and $21, promising a 40â60% rally if conditions remain favorable.
Disclaimer: While Voice of Crypto aims for accuracy, it does not take responsibility for any missing facts or inaccuracies. Cryptocurrencies are highly volatile, and users are advised to conduct thorough research and make informed financial decisions.
#BTC #ETH #SolanaSurges #JITO #ICP
$SOL $ICP $ETH
- Current volatility attributed to new spot ETFs.
- Potential for a crypto rebound from $42,500 to $47,000 this week.
2. Ethereum:
- Maintaining stability above $2,460.
- Promising signs for a rally towards $3,000.
3. Solana:
- Demonstrating bullish trends under $100.
- Aiming for a potential surge of about 40%, reclaiming previous highs around $126.
4. Jito:
- Found support at $1.43.
- Signals suggest a possible 40% climb, targeting $3.6.
5. Internet Computer (ICP):
- Consolidating above $11.7.
- Indications point towards a bullish trend with a potential gain of 40-60% towards $18-$21.
In the previous week, the crypto market experienced significant volatility, particularly due to the approval of spot Bitcoin ETFs. The market witnessed fluctuations where Bitcoin alternately outperformed altcoins, and vice versa, sometimes leading to simultaneous crashes or declines.
Despite the turbulence, we have identified several cryptocurrencies worth monitoring in the upcoming week, considering factors such as price action, historical performance, and relevant news.
1. Bitcoin:
Bitcoin remains a key focus, mainly due to the novelty of ETFs in the market and their uncertain impact on Bitcoin's price. The cryptocurrency exhibited both gains and losses attributed to ETF developments throughout the week, contributing to speculation about whether the approval was a "sell-the-news" event. Bitcoin, currently stabilizing around $42,500, might experience a rebound from the ascending trendline when ETFs resume trading on Monday. A potential rally to $47,000 is plausible if Bitcoin maintains support above $42,500.
2. Ethereum:
While Ethereum's performance may mirror Bitcoin's sluggishness, it has shown resilience above $2,460, a crucial support level for its near and medium-term outlook. Predicted to reach $3,000 or even $3,500, Ethereum's success in achieving this depends on maintaining support above $2,460. A potential rally to $3,000 is anticipated, but a break below the trendline could lead to a decline to $2,300.
3. Solana:
Solana, currently trading around $100, exhibits signs of strong bullishness despite facing psychological resistance. Staying above the ascending trendline, Solana is poised for an upward move. However, confirmation of bullish strength requires breaking and closing above the previous high of $126 from December 25th.
4. JITO (Solana-based):
JITO, a popular Solana-based cryptocurrency, has found support around $1.43 and appears to be in the midst of a rebound. The chart suggests a potential 40% rally to the next resistance point at $3.6. Trading at approximately $2.62 with a 26.5% increase in the last day, JITO exhibits a strong bullish presence.
5. Internet Computer:
Similar to Ethereum, Internet Computer broke above the $11.7 resistance and is consolidating above this level. The consolidation, marked by higher highs around $11, indicates a strong bullish trend. Internet Computer is showing signs of initiating a rebound, with a potential price target between $18 and $21, promising a 40â60% rally if conditions remain favorable.
Disclaimer: While Voice of Crypto aims for accuracy, it does not take responsibility for any missing facts or inaccuracies. Cryptocurrencies are highly volatile, and users are advised to conduct thorough research and make informed financial decisions.
#BTC #ETH #SolanaSurges #JITO #ICP
$SOL $ICP $ETH
#JITO Price is planning to take off.
A cup-and-handle pattern has been formed by the price activity of jitto during the last four months.
The most recent movement validated the breakout, and this setup predicts a 55% increase to $6.05.
If JTO's price were to go below the $3.86 support level, its bullish prediction would be rendered useless.
The price of Jito (JTO) has remained stable despite the recent decline in Bitcoin (BTC). This new information confirms that $JTO is a hot cryptocurrency and that people are swarming to acquire it.
The price behavior of jitto formed a bullish cup-and-handle pattern between December 9 and March 31. In this technical setup, the cup is the rounded base, and the handle is the little consolidation or retracement that follows. Between December 9 and March 16, JTO produced the cup, and the handle was made during the two weeks of consolidation that followed.
In order to follow a breakout, it is essential to draw a trend line linking the peaks of the cup and the handle; this will serve as a resistance level. On March 31, this horizontal level of $3.86 was broken for JTO. The breakthrough was confirmed when the Jito price retested the neckline, which served as a support floor, in response to Bitcoin's recent slump.
Looking at it from a technical standpoint, the price of Jito is going to go up.
To get the cup-and-handle pattern's aim, measure the distance from the right peak of the cup to its bottom, which is 55% of the total. The target price is $6.05. This distance is added to the breakout point or neckline.
The RSI is making a comeback after falling into the overbought area. Normally, this would be cause for concern, but during bull runs, the RSI often remains overbought for extended periods of time.
The current strong indicators in the Jito price can be swiftly overshadowed if the Bitcoin price keeps falling. If JTO manages to close the market below $3.86 on a daily basis, the cup-and-handle predictions would be rendered useless. As a result of this change, the price of JTO might drop 26% to $2.85.
A cup-and-handle pattern has been formed by the price activity of jitto during the last four months.
The most recent movement validated the breakout, and this setup predicts a 55% increase to $6.05.
If JTO's price were to go below the $3.86 support level, its bullish prediction would be rendered useless.
The price of Jito (JTO) has remained stable despite the recent decline in Bitcoin (BTC). This new information confirms that $JTO is a hot cryptocurrency and that people are swarming to acquire it.
The price behavior of jitto formed a bullish cup-and-handle pattern between December 9 and March 31. In this technical setup, the cup is the rounded base, and the handle is the little consolidation or retracement that follows. Between December 9 and March 16, JTO produced the cup, and the handle was made during the two weeks of consolidation that followed.
In order to follow a breakout, it is essential to draw a trend line linking the peaks of the cup and the handle; this will serve as a resistance level. On March 31, this horizontal level of $3.86 was broken for JTO. The breakthrough was confirmed when the Jito price retested the neckline, which served as a support floor, in response to Bitcoin's recent slump.
Looking at it from a technical standpoint, the price of Jito is going to go up.
To get the cup-and-handle pattern's aim, measure the distance from the right peak of the cup to its bottom, which is 55% of the total. The target price is $6.05. This distance is added to the breakout point or neckline.
The RSI is making a comeback after falling into the overbought area. Normally, this would be cause for concern, but during bull runs, the RSI often remains overbought for extended periods of time.
The current strong indicators in the Jito price can be swiftly overshadowed if the Bitcoin price keeps falling. If JTO manages to close the market below $3.86 on a daily basis, the cup-and-handle predictions would be rendered useless. As a result of this change, the price of JTO might drop 26% to $2.85.
here are the 10 key points:
1. **Listing Details**: Binance will list Jito (JTO) on specific spot trading pairs at a set time.
2. **Trading Pairs**: JTO will be available for spot trading in pairs such as JTO/USDT, JTO/FDUSD, and JTO/TRY.
3. **Deposit Start**: Users can deposit JTO in preparation for trading before the trading begins.
4. **Withdrawal Time**: Withdrawals for JTO will open at a specified time after the start of trading.
5. **Listing Fee**: The listing fee for JTO is set at 0 BNB.
6. **Margin Trading Addition**: JTO will be added as a borrowable asset for Isolated Margin trading within 48 hours of its listing.
7. **Isolated Margin Pair**: JTO/USDT will be the new margin pair available for trading.
8. **Additional Information**: Details on Seed Tag application to JTO, clarification on TRY as a fiat currency, and a note on discrepancies in translations.
9. **Jito Overview**: Brief description of Jito (JTO) as a governance token for the Jito network, providing Solana liquid staking services and MEV capture.
10. **Risk Advisory**: Cautionary note on the risks associated with trading JTO, advising users to conduct thorough research and manage risk appropriately. Additionally, a mention of Seed Tag-associated requirements for trading and periodic quizzes for users interested in tokens with the Seed Tag.
#JITO #JTO #JTOtoken
1. **Listing Details**: Binance will list Jito (JTO) on specific spot trading pairs at a set time.
2. **Trading Pairs**: JTO will be available for spot trading in pairs such as JTO/USDT, JTO/FDUSD, and JTO/TRY.
3. **Deposit Start**: Users can deposit JTO in preparation for trading before the trading begins.
4. **Withdrawal Time**: Withdrawals for JTO will open at a specified time after the start of trading.
5. **Listing Fee**: The listing fee for JTO is set at 0 BNB.
6. **Margin Trading Addition**: JTO will be added as a borrowable asset for Isolated Margin trading within 48 hours of its listing.
7. **Isolated Margin Pair**: JTO/USDT will be the new margin pair available for trading.
8. **Additional Information**: Details on Seed Tag application to JTO, clarification on TRY as a fiat currency, and a note on discrepancies in translations.
9. **Jito Overview**: Brief description of Jito (JTO) as a governance token for the Jito network, providing Solana liquid staking services and MEV capture.
10. **Risk Advisory**: Cautionary note on the risks associated with trading JTO, advising users to conduct thorough research and manage risk appropriately. Additionally, a mention of Seed Tag-associated requirements for trading and periodic quizzes for users interested in tokens with the Seed Tag.
#JITO #JTO #JTOtoken
