Jito (JTO) Rallies 11% Amid Volume Spike — Is More Upside Ahead?

On the momentum front, the Relative Strength Index (RSI) has ticked up to 55.03, while the RSI average hovers just below at 54.02. This slight bullish divergence points to renewed strength. Both metrics sit comfortably above the neutral 50 mark, suggesting upward bias remains intact. If RSI accelerates past 60, it may validate a sustained bullish cycle.

Meanwhile, the Chaikin Money Flow (CMF) remains slightly negative at -0.06, hinting at lingering outflows. Although it has improved marginally, CMF must turn positive to fully confirm buying pressure. This divergence between price and volume-based indicators warrants caution despite the bullish surface.

Additionally, moving average crossovers offer mixed signals. The short-term moving average recently crossed above the intermediate one, which can be interpreted as a potential bullish trigger.