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The Turbo price soared over 23% in the last 24 hours to trade at $0.004228 as of 10:24 p.m. EST as investors increase their exposure to the crypto.
With the recent gain, the TURBO price is now up more than 145% on the longer-term weekly time frame.
Turbo Price Breaks Resistance And Eyes Another Obstacle
Daily chart for TURBO/USD (Source: GeckoTerminal)
The Turbo price broke above the resistance at $0.003768 and is now trying to clear the next major technical obstacle at $0.004881, GeckoTerminal data shows. Should the crypto close a 4-hour candle above the second resistance within the next 12 hours, it could clear the room to rise to as high as $0.006084 in the short term.
However, a rejection from the $0.004881 mark within the next few hours could stop the Turbo price in its tracks. Traders might then try to push the crypto’s price back below the $0.003708 mark. Continued pressure from bears could even lead to a plunge to $0.002595.
Turbo Price Might Pullback As Buyers Start To Exit The Crypto’s Charts
Looking at technical indicators on the 4-hour daily, the Turbo price’s short-term bullish momentum remains intact. However, there has been a drop in buying power recently.
Over the past few days, the Moving Average Convergence Divergence (MACD) line has steadily broken away above the MACD Signal line. The current alignment of these two technical indicators with respect to each other suggests TURBO is in a positive trend, while the growing margin between the two lines indicates its bullish momentum is growing stronger.
Traders will, however, want to keep an eye on the Relative Strength Index (RSI). In recent hours, the indicator has risen to above 70. This warns that TURBO might be in overbought territory, which is a classic sell signal. Some traders already seem to have responded to this and exited the crypto’s charts, resulting in a drop in RSI readings in the last 24 hours.
While TURBO tries to keep rallying, investors are also buying into a new AI-meme coin hybrid called MIND of Pepe (MIND). According to popular YouTube channel 99Bitcoins, which has over 725K subscribers, the meme coin could soar 10X after its launch.
The First AI PEPE About To Hit The Market
MIND of Pepe looks to follow in the footsteps of Pepe (PEPE), which introduced the iconic Pepe the Frog meme to the Web3 market. However, filling the shoes of the third largest meme coin by market cap will be a tough task. To maximize its chances of success, MIND comes with unprecedented levels of utility and a cutting-edge AI agent.
Central to the project’s ecosystem is its powerful computer model that can analyze market chatter online in real-time and identify new trends. Once it spots an emerging trend that the rest of the market has not caught onto yet, it shares its insights with MIND holders through exclusive token-gated groups, giving them an edge over other traders in the market.
Not only can MIND of Pepe’s AI quietly watch out for new trends from the sidelines, it can also actively steer the market narrative and engage with influencers and other crypto investors online.
With that capability, the computer model deploys its own tokens that align with new trends as well. It then promotes them online, trades them, and reinvests any profits back into MIND, all autonomously. Before it does any of this, it gives MIND holders the chance to buy in first. This sets them up for potential parabolic gains if the AI’s cryptos gain market traction.
With the volatility in the crypto market, spotting new trade opportunities as soon as they appear is challenging. MIND holders, buy simply investing in the token, get an AI-powered market analyst that does not get tired and continuously monitors the market for the next trade.
Investors Bet Big On MIND’s Future
MIND of Pepe’s presale has already raised more than $8.2 million in early-stage funding, as investors rush to buy the meme coin at ICO prices.
Given its high levels of utility, coupled with both AI agent token and meme coin appeal, it’s easy to see why an investor frenzy has erupted around the project at this early stage.
Anyone that wants to get in on this ground level of the project can do so by acquiring MIND via the simple buy widget embedded on the project’s website. Selling for $0.0037365, MIND can be bought with either ETH, USDT, BNB, USDC or bank card.
Once purchased, the MIND tokens can also be locked up in the project’s presale staking pool for a 273% APY.
Interested investors will want to buy before the next presale price hike in less than 2 days.
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