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The Turbo price has pumped by 69% over the last 24 hours to trade at $0.004826 as of 2:00 a.m. EST.
The pump can be attributed at least in part to rumors of a coming listing on Coinbase.
It’s coming🐸🚀📈$TURBO is paying coinbase fees for listing… pic.twitter.com/VJEN0w6Z3F
— Ronnie (@RonnieTradingCo) May 24, 2024
Turbo Price Prediction: Will the Meme Coin Keep Pumping?
Analysing Turbo price charts using GeckoTerminal data, we see that it showcases a clear upward trend in its recent price movements, depicted through a rising channel pattern. The price has consistently set higher highs and higher lows, indicating strong bullish sentiment.
If the bullish momentum continues, the current pattern suggests that the price may continue to climb within the confines of the ascending channel. Support around $0.003000 will be crucial, as maintaining above this level could encourage further buying. If the Turbo price respects this support zone and market conditions remain favorable, Turbo could test the upper boundary of the channel, aiming for the next psychological resistance.
Looking at other indicators, we see that the Woodies CCI indicator is currently showing values well above 0, indicating a strong bullish trend. However, a crossover that dips below could signal weakening momentum and a potential shift toward bearish conditions. The ADX indicator, with a reading above 68, suggests a very strong trend.
Turbo Price Prediction: What’s the Bearish Scenario?
If the Turbo price breaks below the upward channel, it could signal a shift in market sentiment to bearish. This breakdown might lead to a move down towards the current support levels, which could be significantly lower if bulls fail to hold the current support. However, should they respect the support area, we could see the token reclaim its previous highs. Additionally, while the ADX typically this confirms the existing trend’s strength, extremely high values can sometimes precede reversals as trends become overextended.
1-hour TURBO/USDT Chart | Source: TradingView
Meanwhile, as the Turbo price keeps pumping, some investors are turning to the WienerAI token ($WAI), which aims to use its AI capabilities to take on dog-themed giants like SHIB and DOGE.
WienerAI Closes On $3 Million Raised
WienerAI ($WAI), a pioneering AI meme coin that seamlessly blends humor and utility, has already raised over $2.8 million in its presale.
This new dog-themed meme coin straddles two of the hottest niches in crypto: AI and meme coins.
The AI part of the hybrid features an advanced trading bot that provides investors with a smart, user-friendly on-chain assistant to enhance the chances of big, fat trading profits. It also includes a seamless swap protocol and MEV protection, all without fees.
WienerAI’s AI features add a unique level of utility not typically seen in playful meme coin cryptos
Holders can also stake WAI tokens for an annual percentage yield (APY) of 355%. Twenty percent of $WAI’s total supply is dedicated to staking.
How staking your $WAI feels.https://t.co/g0LrikQz90 pic.twitter.com/3VneRo9wTq
— WienerAI (@WienerDogAI) May 9, 2024
What More Does WienerAI Bring?
The WienerAI smart contract underwent a thorough audit by Coinsult, a reputable blockchain security platform. This ensures robust protection for investors amid the volatility of the crypto market.
In addition, WienerAI not only offers innovative features but also addresses environmental concerns prevalent in traditional crypto mining.
Operating on Ethereum’s Proof-of-Stake (PoS) mechanism, it is over 99% more energy-efficient than its Proof-of-Work counterparts like Bitcoin and Dogecoin. This makes it an appealing choice for environmentally conscious investors.
Crypto YouTuber Jacob Bury ranks WAI among the top six meme coins to buy now and believes it may have 10X potential after launch.
WAI tokens are currently price at $0.00071 each. A price hike is coming in less than 20 hours so, if you are interested, buy now to lock in the best deal.
Click here to purchase $WAI tokens.
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