{"id":577413,"date":"2024-09-17T09:16:24","date_gmt":"2024-09-17T09:16:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=577413"},"modified":"2024-09-17T09:16:24","modified_gmt":"2024-09-17T09:16:24","slug":"turbo-price-prediction-turbo-soars-22-after-binance-listing-as-this-meme-coin-casino-token-closes-on-250k","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/turbo-price-prediction-turbo-soars-22-after-binance-listing-as-this-meme-coin-casino-token-closes-on-250k","title":{"rendered":"Turbo Price Prediction: TURBO Soars 22% After Binance Listing As This Meme Coin Casino Token Closes On $250K"},"content":{"rendered":"

The Turbo price surged 22% in the last 24 hours <\/span>to trade at $0.004581<\/span><\/a> as of 00:39 a.m. EST on trading volume that skyrocketed 254% to $168 million.<\/span><\/p>\n

This comes after Binance, the world’s largest cryptocurrency exchange, listed Turbo, First Neiro On Ethereum, and Baby Doge Coin, opening trading for the spot trading pairs on Sept. 16 at 10 am UTC.<\/span><\/p>\n

Turbo Price To Continue Surging<\/h2>\n

The Turbo price went through a correction from August 24 to Sept. 2, dropping from the $0.0048 to the $0.003237 support, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

The bulls then used the support to push the token back to the previous support, forming a complete rounding bottom pattern. TURBO price bulls aim to capitalize on the pattern to sustain the upward movement.<\/span><\/p>\n

The price of Turbo now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming Turbo’s positive trajectory.<\/span><\/p>\n

Moreover, the Moving Average Convergence Divergence (MACD) trades above the neutral line, indicating that TURBO is currently in positive momentum.<\/span><\/p>\n

If this momentum continues, the Turbo price bulls aim to push the price above the resistance zone, targeting $0.006295. The 50-day SMA has now crossed above the 200-day SMA, forming a golden cross at $0.003922, affirming the bullish sentiment.<\/span><\/p>\n

\"Turbo
TURBOUSD Chart Analysis Source: Tradingview<\/figcaption><\/figure>\n

However, the Relative Strength Index (RSI) is dropping from the overbought region, currently at 63, indicating that sellers may be gearing up to sell the asset.<\/span><\/p>\n

If the selling picks up at this point, TURBO price could plunge back to the $0.003932 support, coinciding with the 50-day SMA.<\/span><\/p>\n

Meanwhile, investors are piling into the new meme coin casino project <\/span>Memebet Casino (MEMEBET Token)<\/span><\/a>, which has amassed over $239K since its presale launched less than a week ago.<\/span><\/p>\n

That’s a key reason why the popular YouTube channel Cryptonews, with over 10k subscribers, predicts that $MEMEBET Token could see a 100x increase after launch.<\/span><\/p>\n