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Turbo Price Prediction: TURBO Soars 22% After Binance Listing As This Meme Coin Casino Token Closes On $250K

InsidebitcoinInsidebitcoin2024/09/17 10:50
By:Insidebitcoin

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

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.

Turbo Price To Continue Surging

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 GeckoTerminal .

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.

The price of Turbo now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming Turbo’s positive trajectory.

Moreover, the Moving Average Convergence Divergence (MACD) trades above the neutral line, indicating that TURBO is currently in positive momentum.

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.

TURBOUSD Chart Analysis Source: Tradingview

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.

If the selling picks up at this point, TURBO price could plunge back to the $0.003932 support, coinciding with the 50-day SMA.

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

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.

Memebet Casino Raises Over 239K In A Week—Next Crypto To Explode?

The Memebet Casino ($MEMEBET Token) ICO is starting strong and has already raised over $239,000.

The project straddles two high-growth segments: online casinos and meme coins, and specifically targets degen gamers.

By purchasing MEMEBET Token, players can unlock massive P2E airdrop giveaways, special degen rewards, and exclusive VIP benefits. 

When it launches, the Memebet Token platform will accept meme coins for wagering on casino games, slots, and sports betting – a feature no GambleFi platform ha offered previously.

The platform features a variety of casino games, meme coin betting options, high-stakes play, and a sportsbook where users can bet using Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and other meme coins.

Players who wager using $MEMEBET Token earn additional rewards through the platform’s play-to-earn system

The more you bet with MEMEBET Token, the bigger your rewards. Early adopters can also benefit from an airdrop campaign by purchasing tokens during the presale and using them once the casino is live.

To join the presale, you can buy $MEMEBET Token on the official website for $0.0251 using USDT, ETH, or a bank card. With a price hike coming in less than an hour, buy quickly to lock in the best deal.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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