Has the Opportunity to Acquire TURBO Passed? TURBO's Crypto Price Soared by 20% over a Week, Suggesting It Could Be the Next Crypto to Burst into the Stratosphere
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The price of Turbo flew up 20% in the past week and another 10% in the last 24 hours, trading at $0.005125 around 1:24 a.m. EST on a surging trading volume of $175 million, a 105% increase.
Turbo's Bullish Run Continues
Check out the Turbo price chart and you'll see a classic pattern following an epic rally and subsequent dip.
After hitting $0.0143 at its peak, this cryptocurrency experienced a strong downward phase, dipping through several Fibonacci levels as shown by GeckoTerminaal data.
But just when it hit rock bottom near the 78.6% retracement level ($0.0030), Turbo bounced back and is now testing the 61.8% Fibonacci level ($0.00546), a spot traders often eye for potential reversals.
This rebound is significant because now Turbo's price is above the 50 Simple Moving Average (SMA) ($0.00563) on the weekly chart, indicating early signs of a recovery.
The structure also hints at a potential "V-shaped" bottom or the start of a rounded base, which could signal a bullish continuation if sustained. Plus, the Relative Strength Index (RSI) is now at 52.87, moving back into bullish-neutral territory.
On top of that, the MACD (Moving Average Convergence Divergence) is showing a bullish crossover right now, meaning blue line is crossing above the orange signal line, and histogram bars are turning less negative, a sign of increasing upward momentum.
Will Turbo Keep Climbing?
Given the bounce off the 78.6% Fibonaci retracement level and the developing bullish crossover signals on the MACD, the outlook for Turbo appears bullish.
The next interesting spot for the price of Turbo is the 0.618 Fibonacci level around $0.00546, which it's currently testing.
If the uptrend continues, the next realistic upside target for the price of Turbo could be the 0.5 Fibonacci retracement level approximately $0.00715. However, if it fails to maintain above the 50 SMA on the weekly chart, it might retest the $0.0035 support zone where buyers would need to step in to prevent further drops.
Meanwhile, there's a new AI project called SUBBD Token (SUBBD) gaining traction. According to influential YouTube channel 99 Bitcoins, which boasts over 725K subscribers, SUBBD has the potential to be the next massive 100X crypto.
SUBBD Presale Crosses 300K, Could Be the Next Big Thing
The AI-oriented content creation platform SUBBD has raised over $300K in presale funding, nearing its $500K goal.
Subscription-based on the Web3 culture, SUBBD distinguishes itself from traditional platforms by decentralizing control, offering transparency, and incentivizing participants fairly.
With built-in AI tools, creators can focus on what they do best: producing content, as the platform handles repetitive tasks like research, editing, and optimization.
SUBBD also furnishes creators with intuitive, streamlined structures and advanced technology to make managing their content and handling subscribers' requests easier. And with the integration of a decentralized digital asset, creators have access to additional income streams and enhanced earning potential without intermediaries taking a cut.
Moreover, SUBBD Token holders can earn passively through the project's staking platform, which offers a generous 20% annual percentage yield (APY).
Those interested in participating can buy SUBBD tokens for $0.0553 each through the project's official website using crypto or a bank card. Hurry and buy before the price jump in about 26 hours to secure the best presale deal.
Visit the SUBBD Token website.
In Brief:
- Turbo Price: primed for sustained growth according to technical indicators.
- Turbo Price Prediction: potential upside towards $0.009–$0.01 if market trends continue favorably.
- SUBBD Presale: closing in on $500K, giving crypto enthusiasts a chance to invest in the next big thing.
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- Despite a recent retracement, the price of Turbo is currently testing the 61.8% Fibonacci level, demonstrating a potential recovery and bullish continuation as early signs of a V-shaped bottom or rounded base emerge.
- The Relative Strength Index and MACD also indicate bullish crossover signals, suggesting increasing upward momentum for Turbo's price.
- Meanwhile, a new AI project, SUBBD Token (SUBBD), is gathering attention as it has raised over $300K in presale funding and might be the next massive 100X crypto, according to 99 Bitcoins.
- Interested investors can purchase SUBBD tokens for $0.0553 each through the project's official website, taking advantage of the presale deal before the price jump in about 26 hours.
