{"id":28403,"date":"2024-03-29T12:58:57","date_gmt":"2024-03-29T12:58:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/jito-jto-poised-near-key-level-is-breakout-to-new-all-time-high-next\/"},"modified":"2024-03-29T12:58:57","modified_gmt":"2024-03-29T12:58:57","slug":"jito-jto-poised-near-key-level-is-breakout-to-new-all-time-high-next","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/jito-jto-poised-near-key-level-is-breakout-to-new-all-time-high-next\/","title":{"rendered":"Jito (JTO) poised near key level; Is breakout to new all-time high next?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/08_Solana-4-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/08_Solana-4-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/08_Solana-4-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/08_Solana-4-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Jito (JTO) price bounced off lows of $2.79 and is eyeing new momentum above $3.<\/span><\/li>\n<li><span style=\"font-weight: 400\">A potential cup and handle pattern could see bulls target breakout alongside Bitcoin.<\/span><\/li>\n<li><span style=\"font-weight: 400\">With BTC outlook positive, a rally for JTO could bring a 50% upside from current levels.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Jito (JTO) is looking to extend gains above $3 after bulls bounced off the support zone on March 29.<\/span><\/p>\n<p><span style=\"font-weight: 400\">JTO reached highs of $3.83 on March 16, tracking gains by <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a> and top altcoins as BTC reached a new all-time high above $73k and ETH broke above $4,000.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Jito price outlook amid bullish Bitcoin sentiment<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Despite paring gains, Jito looks to have established a fresh support zone at $2.75. The resulting upside to above $3.20 keeps the restaking protocol\u2019s price in an uptrend, which has been in place since JTO\/USD bottomed in early January.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In this case, the $3.50-$3.75 area looks crucial for bulls.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Although Jito remains in an uptrend, there\u2019s potential for a downward flip if bulls fail to consolidate above $3.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If price climbs to $3.62, the technical picture will represent a cup and handle pattern.\u00a0 Check the <a href=\"https:\/\/www.tradingview.com\/x\/YEXVqgrO\/\">chart below<\/a> showing the daily price movements for JTO.<\/span><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/x\/YEXVqgrO\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-196230\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/03\/jito-jto-price-chart-tradingview.png\" alt=\"\" width=\"1074\" height=\"545\"\/><\/a><\/p>\n<p><span style=\"font-weight: 400\">Strengthening above this area could see a bullish flip allow for a retest of $4. The key upside target above this level will then be $6. This is the area of the all-time high of $6.01 reached on December 7, 2023 following <a href=\"https:\/\/coinjournal.net\/news\/binance-announces-jito-jto-listing-with-seed-tag-and-isolated-margin-pairs\/\">Binance\u2019s listing of JTO<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On the downside, the main support lies near $2.79 and $2.50. The daily RSI and MACD indicators suggest weakness and these might be key price levels to watch.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bitcoin price is also poised near the $70k level. As such, traders are likely to pay attention to sentiment around the benchmark crypto. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Solana (SOL) performance is another factor to consider. Jito is a\u00a0 Solana liquid staking token that\u2019s seen great interest since its introduction.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/jito-jto-poised-near-key-level-is-breakout-to-new-all-time-high-next\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) Jito (JTO) price bounced off lows of $2.79 and is eyeing new momentum above $3. A potential cup and handle pattern could see bulls target breakout alongside Bitcoin. With BTC outlook positive, a rally for JTO could bring a 50% [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":28404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/28403"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=28403"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/28403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/28404"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=28403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=28403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=28403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}