- \n
- Jito price now – $3.83<\/li>\n
- Jito market cap – $483.9 million<\/li>\n
- Jito circulating supply – 117.1 million<\/li>\n
- Jito total supply – 1 billion<\/li>\n
- Jito Coinmarketcap ranking – #170<\/li>\n<\/ul>\n
JTO\/USD Long-term Trend: Bullish (Daily Chart)<\/h2>\n
Key levels:<\/p>\n
Resistance Levels: $4.50, $4.70, $4.90<\/p>\n
Support Levels: $2.50, $2.30, $2.10<\/p>\n
![\"Jito](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/JTOUSD_1D_06032024.png\")
JTOUSD – Daily Chart<\/figcaption><\/figure>\n JTO\/USD<\/a> looks green today as the price hovers above the resistance level of $3.70 from the low of $3.17. However, a daily close above the $3.85 level can continue to increase the Jito price to $4.0. At the moment, all eyes focus on the next hurdle above the upper boundary of the channel as a consistent price increase may encourage more buyers to join the market if bulls increase their positions.<\/p>\n
Jito Price Prediction: Jito Price May Jump to the Upside<\/h2>\n
At the time of writing, the Jito price is moving slightly at its current price of $3.83 with a strong bullish candle. According to the daily chart, this marks a meaningful climb from the opening price of $3.18 level; therefore, it is important to note that the current price movement may break above the upper boundary of the channel.<\/p>\n
Nevertheless, if the market decides to fall below the 9-day and 21-day moving averages, the JTO\/USD could go toward the lower boundary of the channel, and before getting to this barrier, traders could have hit the support levels at $2.50, $2.30, and $2.10 respectively. All the same, any further bullish movement may push the coin to the resistance level of $4.50, $4.70, and $4.90 as the 9-day MA moves to cross above the 21-day MA, suggesting more bullish signals.<\/p>\n
JTO\/USD Medium-term Trend: Bullish (4H Chart)<\/h2>\n
According to the 4-hour chart, the Jito price<\/a> is hovering above the 9-day and 21-day moving averages as the intraday trading looks bullish facing the upper boundary of the channel to hit the resistance level of $4.30 and above.<\/p>\n
![\"Jito](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/JTOUSD_4H_06032024.png\")
JTOUSD – 4 Hour Chart<\/figcaption><\/figure>\n However, if the buyers fail to keep pushing the market upward, traders can expect a retreat below the support level of $3.50, and breaking this level may further bring the price below the moving averages to reach the support level of $3.30 and below. Meanwhile, the 9-day MA is hovering above the 21-day MA, suggesting more bullish signals.<\/p>\n
On that note, @MTA098 shared insights about $JTO with his followers on X (formerly Twitter), noting the emergence of a cup and handle formation on the chart, indicating potential promise. The pattern suggests that a breakthrough in the resistance level could trigger an upward movement. Stay vigilant and monitor closely for developments. 📈📉<\/p>\n
\n
$JTO<\/a> : We can clearly observe a cup and handle formation on this chart, which looks promising. According to the pattern, a breach of the resistance level might initiate the upward movement. Keep a close watch on this.📈📉#jtousdt<\/a> #jito<\/a> #cryptotrading<\/a> #cryptomarket<\/a> #Binance<\/a> #btc<\/a> pic.twitter.com\/I4kCFeo3Sn<\/a><\/p>\n
— MTA Trading (@MTA098) March 31, 2024<\/a><\/p><\/blockquote>\n