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The Turbo worth has surged 7% within the final 24 hours to commerce at $0.01168 as of 11:28 p.m. EST on buying and selling quantity that plunged 46% to $449 million.
Turbo Value Indicators Present A Continuation Of An Upward Development
The Turbo worth is at the moment on a rebound, after experiencing a sideways worth motion since mid-November, inside the $0.0070 assist zone. The numerous drop in November and the surge its at the moment dealing with has accomplished the formation of a rounded backside sample, which can also be an indication of a bullish pattern reversal.
Because of the sustained surge above, the worth of Turbo has now crossed above each the 50-day and 200-day Easy Transferring Averages (SMAs), which confirms the bullish prospects of the asset. The 50-day SMA has additionally crossed above the 200-day SMA, forming a golden cross round $0.008412, confirming the overall bullish outlook of the asset.
Moreover, the Relative Energy Index (RSI) is at the moment at 70.74, indicating that the asset is in overbought territory. Whereas this displays robust bullish momentum, it could additionally sign a possible short-term correction or consolidation as merchants take income.
The overall bullish outlook can also be supported by the motion of the Transferring Common Convergence Divergence (MACD), because the blue MACD line crosses above the orange sign line, a affirmation of a bullish crossover.
TURBO/USDT Chart Evaluation (Supply: Tradingview)
Turbo Value Prediction
In accordance with the TURBO/USDT chart evaluation on the 4-hour timeframe, the Turbo worth is at the moment transferring on a sustained bullish pattern reversal. If the bulls capitalize on the constructive technical indicators, the worth of Turbo might nonetheless soar, probably focusing on the subsequent potential resistance stage at $0.014.
Conversely, if the worth faces a pullback, it might retest the breakout neckline at $0.010 or the 50-day SMA at $0.0089 as assist.
In the meantime, because the Trubo worth goals for a continued surge, buyers are dashing to purchase the newly launched meme coin Catslap (SLAP), which in accordance with ClayBro, a distinguished crypto analyst with over 131K subscribers, may very well be the subsequent meme coin to surge 50X.
Catslap Meme Coin – The Greatest Crypto To Purchase Now
Catslap has surged 132% previously week after itemizing on top-10 crypto trade MEXC and unveiling a $100,000 prize pool for its Slap-to-Earn mini-game.
SLAP is at the moment buying and selling at $0.006867 because it goals for a breakout above a symmetrical triangle sample.
SLAP/USD Chart: GeckoTerminal
Catslap combines addictive gameplay with crypto innovation by its interactive “Slapometer” characteristic. Greater than 410 million slaps have been unleashed by gamers worldwide.
Catslap seems well-positioned to observe the success of cat-themed token rivals like POPCAT, MEW, and MOG.
Its “Sizzling Token” standing on Greatest Pockets, a fast-growing crypto pockets, connects it to over 60,000 customers, boosting visibility and momentum.
Catslap’s staking characteristic additionally presents a stellar 40% annual return on staked SLAP tokens.
We be cooking. Staking now stay, all web site buys shall be staked for 7 days at 40% APY. Early unlock by burning 🔥🔥 pic.twitter.com/ZIUK9pd3sZ
— Catslap (@CatSlapToken) November 21, 2024
You should purchase $SLAP Token from its official web site right here.
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Catslap (SLAP) – New Cat Meme Coin On Ethereum
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- 10,000+ Holders
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- Token Burns
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