Turbo's value has surged by 33%, approaching $1 billion

The current market price of the cryptocurrency Turbo is $0.011, but it has fallen by -10.26% in the past 24 hours, a small correction.

This correction is because the bulls have risen by 90% in the previous five days, and it is a bit difficult to hold this increase. After breaking through in the previous few months, the technology has also strengthened.

To be honest, Turbo's previous opportunities looked a bit uncertain because it was always blocked by the downward trend line that started in June.

However, Turbo broke through for the first time on September 19 and tried again on October 2, and the price stabilized at around $0.006. The 20-day moving average also went up, which laid the foundation for the rise.

Turbo, a meme coin, is now gaining momentum, and the super cycle seems to be coming. As the price rises, the Turbo cryptocurrency looks like it will have a big breakthrough.

After the big rise this week, the relative strength index has soared to 71.5, which is overbought.

While prices are still figuring out, Turbo’s $767 million market cap is on everyone’s radar. $1 billion is a clear target for bulls, which means it’s still 30.8% higher from now.

Looking at the bigger picture, Turbo bulls will have to keep up this pace to get the cryptocurrency to $1.25 billion, which is 68% higher than it is now. That’s similar to the recent POPCAT breakout.

So, the next price range for Turbo cryptocurrency could be $0.0145 ($1 billion) to $0.0185 ($1.25 billion).

To learn more, check out our recent YouTube technical analysis.

Despite Turbo’s 68% gain, FOMO traders aren’t too excited. However, the incredible gains of STORJ cryptocurrency this week show that low-risk utility tokens can also make a lot of money.

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