Jito Price Prediction for June 12, 2025: Breakout Momentum Holds As Bulls Eye $2.50 Next
After an explosive breakout in early June, the Jito price today is holding near $2.23, following a sharp move from the $1.80 zone. The recent price action has ignited bullish interest in the Solana-based liquid staking protocol, with buyers eyeing higher resistance levels ahead of mid-June. Despite some early signs of cooling momentum, the broader trend remains positive as technical indicators support further upside if key zones continue to hold.
What’s Happening With Jito’s Price?
The 4-hour chart highlights a strong upward surge that began on June 9, with Jito price lifting off from the $1.85 support base and quickly pushing past the $2.00 barrier. Price pierced through a descending trendline and reclaimed the 20/50/100/200 EMA cluster, establishing a decisive bullish trend. Bollinger Bands expanded aggressively during the breakout, confirming a shift in Jito price volatility and directional momentum.
However, after tagging a high of $2.31, price has since started to consolidate within a narrow range. The Bollinger upper band currently aligns with this recent top, suggesting near-term resistance. EMA alignment re…
The post Jito Price Prediction for June 12, 2025: Breakout Momentum Holds As Bulls Eye $2.50 Next appeared first on Coin Edition.
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Jito Price Prediction for June 12, 2025: Breakout Momentum Holds As Bulls Eye $2.50 Next
After an explosive breakout in early June, the Jito price today is holding near $2.23, following a sharp move from the $1.80 zone. The recent price action has ignited bullish interest in the Solana-based liquid staking protocol, with buyers eyeing higher resistance levels ahead of mid-June. Despite some early signs of cooling momentum, the broader trend remains positive as technical indicators support further upside if key zones continue to hold.
What’s Happening With Jito’s Price?
The 4-hour chart highlights a strong upward surge that began on June 9, with Jito price lifting off from the $1.85 support base and quickly pushing past the $2.00 barrier. Price pierced through a descending trendline and reclaimed the 20/50/100/200 EMA cluster, establishing a decisive bullish trend. Bollinger Bands expanded aggressively during the breakout, confirming a shift in Jito price volatility and directional momentum.
However, after tagging a high of $2.31, price has since started to consolidate within a narrow range. The Bollinger upper band currently aligns with this recent top, suggesting near-term resistance. EMA alignment re…
The post Jito Price Prediction for June 12, 2025: Breakout Momentum Holds As Bulls Eye $2.50 Next appeared first on Coin Edition.
Read More
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