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

Key Takeaways

• Jito price witnesses a buying demand as the price aims for a surge above $5.
• Our Jito price prediction expects JTO price to record a maximum level of $5.53 in 2024.
• In 2030, we expect 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

Jito Technical Analysis 

JTO Price Analysis

Jito price faces bullish pressure as it aims for $5

• JTO price analysis shows a bullish pattern as the price aims for a surge above $5
• Resistance for JITO is present at $5.3
• Support for JTO/USD is present at $4.2

The JTO price analysis for 18 May confirms that Jito witnessed a bullish pressure as it faced increased buying activity. The price aims to break above $5; however, it is struggling to gain buying demand. 

JITO price analysis 1-day chart: Bulls struggle in meeting buying goals

Analyzing the daily price chart of JTO tokens, JITO’s price witnessed a bearish rally after bulls failed to push the altcoin above $5. Over the last 24 hours, JITO price has been on a bearish path as sellers continue to show confidence around the $5 level. The 24-hour volume surged to $61.4 million, showing an increased interest in trading activity today. JITO price is currently trading at $4.7, increasing by over 3.2% in the last 24 hours.

The RSI-14 trend line has surged from its previous level and currently hovers around 68-level, showing that bulls are slowly gaining the momentum of the price. The SMA-14 level suggests upward volatility in the next few hours.

JITO/USDT 4-hour price chart: Bears aim for a decline below EMA20 trend line

The 4-hour JITO price chart suggests JTO continues to experience bullish activity near EMA lines, creating a positive sentiment on the price chart. As the price continues to surge above EMA lines, bears are aiming for a decline below the EMA20 trend line.

The BoP indicator is trading in a bullish region at 0.03, hinting that 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 a positive momentum, strengthening bullish positions. 

Jito Price Predictions: Levels And Action

Daily Simple Moving Average (SMA) 

Daily Exponential Moving Average (EMA)

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 $5.3, it may surge higher and touch the resistance at $5.7.

If bulls cannot initiate a surge, JITO price may drop below the immediate support line at $4.2, resulting in a correction to $3.3.  

Is Jito A Good Investment?

For enthusiasts within the Solana community, the introduction of JTO marks a significant event, as it empowers users to participate in governing one of the network’s largest liquid staking protocols—undoubtedly, those engaged with the protocol will have a keen interest 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, the unveiling of a future roadmap or the declaration of forthcoming developments could significantly boost interest in the token.

Recent JTO News/Opinions

Jito, a liquid staking and MEV infrastructure project, now leads as 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 May 2024

Over the last few weeks, JTO coin price has been on an uptrend and it aims to record further gains by breaking above the $4.5 mark. However, sellers might strongly defend a surge in the coming hours due to overbought RSI level.

According to technical analysis, we might see JTO price to record the maximum level of $5.3 and minimum price of $2.8, with an average value of $3.5 throughout May.

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. A critical factor influencing the 2024 Jito price forecast is progress on the Jito protocol. While there isn’t a clear roadmap, the announcement of 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 Prediction 2025-2030

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 an upward pressure for 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 is likely to have a minimum price of $14.94. The projected maximum price could reach $18.79, while the average trading price is estimated to be $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 potentially 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

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 Historic 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 recent weeks, the price has recovered and now holds above $4.