{"id":609441,"date":"2024-12-12T11:53:25","date_gmt":"2024-12-12T11:53:25","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=609441"},"modified":"2024-12-12T11:53:25","modified_gmt":"2024-12-12T11:53:25","slug":"turbo-price-prediction-turbo-soars-18-on-coinbase-listing-as-traders-rush-to-buy-this-meme-coin-staking-ico-before-time-runs-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/turbo-price-prediction-turbo-soars-18-on-coinbase-listing-as-traders-rush-to-buy-this-meme-coin-staking-ico-before-time-runs-out","title":{"rendered":"Turbo Price Prediction: TURBO Soars 18% On Coinbase Listing As Traders Rush To Buy This Meme Coin Staking ICO Before Time Runs Out"},"content":{"rendered":"

The Turbo price has surged 18% in the last 24 hours to trade at $0.01286 as of 02:17 p.m. EST on trading volume that surged 63% to $957 million.<\/span><\/p>\n

The pump came after Coinbase Advanced announced on X<\/a> the TURBO token’s listing.<\/p>\n

Turbo Price Aims For A Continued Surge<\/h2>\n

The chart of TURBO\/USD in the 4-hour timeframe highlights a bullish breakout after a prolonged consolidation phase. Notably, <\/span>the Turbo price<\/span><\/a> has completed a classic cup-and-handle pattern, a bullish continuation pattern often signaling an upward movement. After breaking out of the “handle,” the price of Turbo has surged past its short-term resistance level of around $0.0115, according to data from <\/span>GeckoTerminal<\/span><\/a>. <\/span><\/p>\n

The 50-day Simple Moving Average (SMA) and the 200-day SMA exhibit a golden cross, where the faster SMA crosses above the slower one, reinforcing the bullish sentiment. Additionally, the increasing trading volume during the breakout signifies strong buying interest and market momentum.<\/span><\/p>\n

The Relative Strength Index (RSI) stands at 59.26, indicating a neutral-to-bullish condition. While it is not in overbought territory, it suggests there is room for further upside before the Turbo price risks a correction.<\/span><\/p>\n

Meanwhile, the Moving Average Convergence Divergence (MACD) line (blue) is above the signal line (orange), and both are in positive territory, signaling a continuation of the bullish momentum. Additionally, the histogram shows increasing bars, confirming the upward trend.<\/span><\/p>\n

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

Turbo Price Prediction<\/b><\/h2>\n

Based on the technical setup and current market conditions, TURBO\/USD is likely to maintain its bullish trend in the short term. If the Turbo price sustains above the $0.0125-$0.0130 range, the next target lies around $0.01442, a psychological and technical resistance zone.<\/span><\/p>\n

A breakout beyond this level could propel the price of Turbo towards $0.0170-$0.0180, aligning with the pattern’s measured move projection from the cup-and-handle breakout.<\/span><\/p>\n

However, a failure to hold above $0.0120 could result in a retest of the support levels at $0.0105 (50-day SMA) or even $0.0087 (200-day SMA) in case of a significant pullback.<\/span><\/p>\n

As the Turbo price aims for a continued surge, investors are also piling into <\/span>Crypto All-Stars (STARS)<\/span><\/a>, which YouTuber ClayBro, with 133k subscribers, says might soar 10X after launch.<\/span><\/p>\n