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The Turbo price soared 11% in the last 24 hours to trade for $0.006972 as of 00:05 a.m. EST on a 40% surge in trading volume.
With the price and trading volume surging, traders anticipate more gains for the TURBO token, with some forecasting a new all-time high.
$TURBO Possible to Hit New ATH Soon.#TURBO #TURBOUSDT pic.twitter.com/xE4EFUPGoY
— HexaTrades📈📉 (@HexaTrades) July 21, 2024
The surge comes amid broader market optimism as altcoins take their cues from the pioneer cryptocurrency, Bitcoin. For TURBO, this is enhanced as it meets users where meme coins and AI concepts intersect.
TURBO is the first ever meme coin created by AI, having started as a bold experiment in cryptocurrency creation. Inspired by the power of artificial intelligence, the project’s founder turned to GPT-4 with a simple challenge: create the next great meme coin.
GM ☀️ $Turbo Community!
Let’s start the day with a nice pump 🚀 pic.twitter.com/HS7devWe6v
— Crypto maverick (@cryptomaveriick) July 22, 2024
Turbo Price Prediction
Since it bottomed out on July 13, the Turbo price has been trading with a bullish bias. It stands 113% high, catapulted by a series of higher highs, with prospects for more gains as bullish momentum remains high. Specifically, the Relative Strength Index (RSI) is well above the mean level of 50, showing the bulls are leading the market.
The Moving Average Convergence Divergence (MACD) is also above its signal line (orange band), signifying buying pressure exceeds seller momentum. Its position in positive territory reinforces the bullish thesis.
If bullish momentum increases, the Turbo price could rise to reclaim the 61.8% Fibonacci retracement level of $0.007945. This is based on the Fibonacci retracement indicator. In a highly bullish case, the gains could extend for the AI-created meme coin to test the 78.6% Fibonacci retracement level of $0.009343.
The highly ambitious case where bullish momentum abounds could send the Turbo price further north to $0.011125, levels last tested on May 28.
GeckoTerminal: TURBO/USD 1-day chart
On the other hand, if the 50% Fibonacci placeholder breaks as a support floor, the Turbo price could slip south. In this directional bias, it would test the 38.2% Fibonacci retracement level of $0.005980. A breakdown of this buyer congestion would threaten the bullish thesis, with the Turbo price likely to spiral to the 23.6% Fibonacci retracement level of 0.004765.
Elsewhere, traders are rushing to buy WienerAI (WAI), another AI meme coin that is about to launch after raising $7.5 million in its blockbuster presale.
The project has caught the eye of influential YouTuber ClayBro, who told his viewers to “get greedy” and purchase the meme coin.
Promising Alternative To TURBO
At the core of the WienerAI project is the imminent launch of a trading bot with sophisticated AI models that can analyze massive amounts of market data to uncover crypto gems for traders.
It will use predictive technology and a user-friendly interface to give advice on when to buy and sell crypto, giving the project unprecedented levels of utility.
Forged with the power of AI!
Get ready for WienerAI! 🌭⚡️ pic.twitter.com/83p1CAXY1A
— WienerAI (@WienerDogAI) July 21, 2024
What’s more, WienerAI offers a seamless token swap solution called Sausage Swap that means investors will never miss another golden opportunity.
The ecosystem also offers MEV protection, which facilitates faster trade executions by blocking MEV bots from front-running traders.
This dog will lead the way in AI trading!
Join the WienerAI revolution and let’s trade smarter together 🛸🌭 pic.twitter.com/XGOrWNqppA
— WienerAI (@WienerDogAI) July 14, 2024
WAI also offers a 146% annual return on tokens that are staked.
Don't miss out!
WienerAI presale ends on July 31st. Secure your tokens now and join the trading revolution! 🌭🤖 pic.twitter.com/PyYEPwDtl2
— WienerAI (@WienerDogAI) July 10, 2024
Acquiring the token is simple: Investors can utilize the easy-to-use buy widget embedded on WienerAI’s official website. Selling for $0.00073, WAI can be bought using ETH, USDT, BNB, or a bank card.
There are now less than nine days left before WienerAI’s presale ends.
Also Read:
- How to Buy WienerAI – $WAI Presale Review
- WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond
- Best AI Crypto Coin Projects: Top Picks for 2023
- New AI Meme Coin Presale WienerAI Unveils Trading Bot AI Companion, Laps Up $700K
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