TURBO Price Soars 18% As Traders Rush To Buy This Meme Coin

The Turbo worth has surged 18% within the final 24 hours to commerce at $0.01286 as of 02:17 p.m. EST on buying and selling quantity that surged 63% to $957 million.

The pump got here after Coinbase Superior introduced on X the TURBO token’s itemizing.

Turbo Value Goals For A Continued Surge

The chart of TURBO/USD within the 4-hour timeframe highlights a bullish breakout after a chronic consolidation part. Notably, the Turbo worth has accomplished a basic cup-and-handle sample, a bullish continuation sample usually signaling an upward motion. After breaking out of the “deal with,” the worth of Turbo has surged previous its short-term resistance degree of round $0.0115, in response to knowledge from GeckoTerminal. 

The 50-day Easy Transferring Common (SMA) and the 200-day SMA exhibit a golden cross, the place the quicker SMA crosses above the slower one, reinforcing the bullish sentiment. Moreover, the growing buying and selling quantity through the breakout signifies robust shopping for curiosity and market momentum.

The Relative Energy Index (RSI) stands at 59.26, indicating a neutral-to-bullish situation. Whereas it isn’t in overbought territory, it suggests there may be room for additional upside earlier than the Turbo worth dangers a correction.

In the meantime, the Transferring Common Convergence Divergence (MACD) line (blue) is above the sign line (orange), and each are in constructive territory, signaling a continuation of the bullish momentum. Moreover, the histogram exhibits growing bars, confirming the upward pattern.

Turbo Value Prediction

Primarily based on the technical setup and present market circumstances, TURBO/USD is more likely to keep its bullish pattern within the brief time period. If the Turbo worth sustains above the $0.0125-$0.0130 vary, the subsequent goal lies round $0.01442, a psychological and technical resistance zone.

A breakout past this degree might propel the worth of Turbo in the direction of $0.0170-$0.0180, aligning with the sample’s measured transfer projection from the cup-and-handle breakout.

Nevertheless, a failure to carry above $0.0120 might end in a retest of the help ranges at $0.0105 (50-day SMA) and even $0.0087 (200-day SMA) in case of a major pullback.

Because the Turbo worth goals for a continued surge, buyers are additionally piling into Crypto All-Stars (STARS), which YouTuber ClayBro, with 133k subscribers, says may soar 10X after launch.

Crypto All-Stars Heads For $14 Million – Final Probability To Purchase

Crypto All-Stars, a brand new presale meme token, has hurtled previous $13.1 million in funds raised.

Whereas many new meme cash function staking choices, most main meme cash like Dogecoin and Pepe lack passive revenue alternatives or further utility.

Crypto All-Stars addresses this hole with its MemeVault—a multi-chain, multi-token staking platform that may help 11 outstanding meme cash: PepeCoin, Dogecoin, Shiba Inu, Pepe, Floki, Brett, Mog Coin, Milady, Turbo, Toshi, Coq Inu, and Bonk—with plans so as to add extra within the coming months.

MemeVault permits buyers to stake all their meme cash on one platform for the primary time.

Why Is Everybody Excited?

In its preliminary presale part, Crypto All-Stars raised over $350k! 💰

This early success exhibits that buyers see BIG potential right here. 🚀

May this be the subsequent $PEPE? 👀

— web3telepath (@web3telepath) August 15, 2024

It’s also possible to earn passively by means of the venture’s native staking mechanism, which affords a shocking 193% annual proportion yield (APY) on staked STARS tokens.

You should buy STARS tokens now for $0.0016782 earlier than its presale ends in simply 8 days.

Purchase STARS from its official web site utilizing BNB, USDT, or a financial institution card.

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