TURBO Price Surges 18% as Traders Rush to Buy This Coin Meme

Turbo price jumped 18% in the last 24 hours to trade at $0.01286 as of 2:17 p.m. EST on trading volume that jumped 63% to $957 million.

The pump arrived after Coinbase Advanced announced on X the list of the TURBO token.

The price of the turbo aims for a continuous increase

The TURBO/USD 4-hour chart highlights a bullish breakout after an extended consolidation phase. Notably, the Turbo price completed a classic cup-and-handle pattern, with a bullish continuation pattern often signaling a bullish move. After leaving the “handle,” Turbo price broke above its short-term resistance level of around $0.0115, according to data from GeckoTerminal.

The 50-day simple moving average (SMA) and 200-day SMA exhibit a golden cross, where the faster SMA exceeds the slower one, reinforcing the bullish sentiment. Additionally, increased trading volume during the breakout signifies strong buying interest and strong market momentum.

The relative strength index (RSI) stands at 59.26, indicating a neutral to bullish condition. While not in overbought territory, this suggests there is room for further upside before Turbo price risks a correction.

Meanwhile, the Moving Average Convergence Divergence (MACD) line (blue) is above the signal line (orange), and both are in positive territory, signaling continued bullish momentum. Additionally, the histogram shows increasing bars, confirming the upward trend.

Turbo price forecast

Based on the technical setup and current market conditions, TURBO/USD is likely to maintain its uptrend in the near term. If Turbo price holds above the $0.0125 to $0.0130 range, the next target is around $0.01442, a psychological and technical resistance zone.

A breakout beyond this level could propel Turbo price between $0.0170 and $0.0180, which would align with the pattern’s measured movement projection from the cup and handle breakout .

However, if price fails to hold above $0.0120, it may be necessary to retest support levels at $0.0105 (50-day SMA) or even $0.0087 (200-day SMA) in the event of a significant decline.

As Turbo price targets continued rise, investors are also rushing into Crypto Stars (STARS)which, according to YouTuber ClayBro, with 133,000 subscribers, could increase 10 times after launch.

Crypto All-Stars Heads Toward $14 Million – Last Chance To Buy

Crypto All-Stars, a new pre-sale meme token, has surpassed $13.1 million in funds raised.

While many new meme coins offer staking options, most major meme coins like Dogecoin and Pepe lack passive income opportunities or additional utility.

Crypto All-Stars fills this gap with its MemeVault, a multi-chain, multi-token staking platform that will support 11 leading meme coins: PepeCoin, Dogecoin, Shiba Inu, Pepe, Floki, Brett, Mog Coin , Milady, Turbo, Toshi. , Coq Inu and Bonk, with plans to add more in the coming months.

MemeVault allows investors to stake all their meme coins on a single platform for the first time.

Why is everyone excited?

During its initial pre-sale phase, Crypto All-Stars raised over $350,000! 💰

This first success shows that investors see GREAT potential in it. 🚀

Could this be the next $PEPE? 👀

– web3telepath (@web3telepath) August 15, 2024

You can also earn passively through the project’s native staking mechanism, which offers a staggering 193% annual percentage yield (APY) on staked STARS tokens.

You can buy STARS tokens now for $0.0016782 before the presale ends in just 8 days.

Buy STARS on its official website using BNB, USDT or bank card.

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