Turbo Value Prediction – Will $TURBO Current Rally Push It to a $1 Billion Market Cap?

Turbo meme coin surged because the crypto market turned bullish, rising from a $300M low to almost $800M amid Bitcoin’s $67K breakout. The latest evaluation of the Turbo coin highlights its outstanding worth momentum, with the token just lately hitting its all-time excessive of $0.0131 three days in the past.

The broader market sentiment is shifting in direction of greed, though warning is suggested attributable to potential dangers related to overbought situations. This text highlights the most recent developments and future worth trajectory for the Turbo meme token.

$TURBO Meme Coin Value Prediction

As of at the moment, October 18th, the value of Turbo stands at $0.0104, with a 24-hour buying and selling quantity of $247.4 million and a market cap of $683 million. The $TURBO worth has dropped by 4.92% over the previous 24 hours however has surged by 67% within the final seven days.

Turbo skilled a big bullish breakout, gaining momentum and quantity, pushing previous a robust resistance stage between $0.010 cents and $0.101 cent, now appearing as assist.

The important thing query is whether or not this assist can maintain and if there can be sufficient momentum for an additional rally towards the subsequent goal of $0.015 to $0.016 cents, representing a possible 45% enhance from the present worth.

Whereas the weekly relative power index (RSI) stays under the essential 80 stage, signaling some room for development, the day by day RSI suggests a cautious strategy, because the market may face elevated volatility.

Nonetheless, the neighborhood’s vibrancy and ongoing assist proceed to drive optimism across the coin, positioning it as a potential contender for a $1 billion market cap. Traders are inspired to remain alert for alternatives and monitor $TURBO’s worth motion, notably throughout any important dips that will current enticing entry factors.

Try the video above for an in-depth evaluation of the Turbo worth prediction and subscribe to his YouTube channel. Moreover, be part of the Jacob Crypto Bury Discord channel for buying and selling recommendation and insights on upcoming crypto presales.

$9.97 Million Turbo Deposit Sparks Hypothesis, However New Developments Enhance Confidence

The latest deposit of $9.97 million price of $TURBO to Binance and OKX has raised some issues. Whereas this quantity is substantial, it constitutes a small portion of the entire buying and selling quantity, so promoting it suddenly may not considerably impression the value.

Hypothesis surrounds whether or not this sediment alerts a slowdown in price-pumping actions, probably linked to manipulation issues. Nevertheless, Turbo’s latest milestones embrace the addition of a brand new USDT buying and selling pair on Crypto.com, which is anticipated to boost the coin’s visibility, liquidity, and buying and selling quantity.

We can be including assist for Turbo perpetual futures on Coinbase Worldwide Change and Coinbase Superior. The opening of our TURBO-PERP market will start on or after 9:30 am UTC 24 OCT 2024. $TURBO pic.twitter.com/CdzcKpWGAT

— Coinbase Worldwide Change 🛡️ (@CoinbaseIntExch) October 17, 2024

Moreover, Coinbase Worldwide Change and Coinbase Superior will start supporting $TURBO perpetual futures beginning at or after 9:30AM UTC on October 24, 2024.

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