Amid Increased Price Volatility, Top 3 Solana-Based Altcoins (JTO, JUP, GRT) Poised for Massive Upside Amid increased price volatility in the cryptocurrency market, the Solana price has successfully r

s, top SOL-based altcoins have experienced a similar price action and have recorded a massive surge in their respective portfolios. With the present market sentiments, will the Solana ecosystem regain its lost momentum and head toward a new high?

As the cryptocurrency market continues to experience increased price volatility, several altcoins have shown promising signs of surging to new heights. Among them, three Solana-based altcoins, Jito (JTO), Jupiter (JUP), and The Graph (GRT), have grabbed the attention of traders with their potential for a massive upside.

With a price increase of 10% in 24 hours and 15.03% in seven days, the Jito token (JTO) has shown impressive momentum. This surge continues with a gain of 34.52% in 30 days, and a YTD return of 70.92% to its long-term investors.

The technical indicators, SMA, and MACD, also display a strong bullish rise in their respective charts in the 1D time frame. This highlights an increase in the positive influence in the crypto space.

If the market maintains the JTO price above its support level of $3.010, the bulls will continue trading with bullish sentiment and prepare to test its upper resistance level of $3.80 in the upcoming period. On the downside, a trend reversal could pull the Jito price toward its low of $2.260.

Continuing its bullish rally, the Jupiter price (JUP) adds 13.18% to its portfolio in a day, with a trading volume of $167.627 Million. Further, it surged 11.71% in seven days and 48.04% since its inception.

The Relative Strength Index (RSI) records a bullish convergence with its average trendline and displays a sharp rise toward its overbought range in the Jupiter price chart. This indicates that the JUP price will continue gaining momentum this weekend.

If the bulls push the JUP coin price above its resistance of $1.160, the altcoin will prepare to test its upper high of $1.4950 in the coming time. However, if the bears regain momentum, the Jupiter crypto could retest its support level of $0.8445.

After trading in the red for a brief period, the GRT price (GRT) recorded a jump of about 3% to join the rally. Moreover, with a trading price of $0.1998 and a market capitalization of $1.910 Billion, it secured the 51st spot in the top 100 cryptocurrencies by market cap.

In the 1D time frame, the EMA 50-day acts as a resistance to the GRT price, indicating a strong bearish power in the crypto space. Further, the MACD indicator displays a constant decline in the green histogram. However, its averages record a neutral trend, suggesting uncertainty in the future price action of The Graph token.

Maintaining the price above its crucial support level could set the stage for the GRT price to head toward its upper resistance level of $0.2650. Negatively, a bearish situation could result in The Graph price plunging toward its crucial support level of $0.1375.

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