š„Key Takeaways:š„
ā Turbo began as an experimental project based on the GPT-4 AI platform.
ā The TURBO price has jumped by 2,000% since the beginning of 2024.
ā Turbo Price Analysis.
ā Short Term Turbo Price Prediction
ā Our price prediction says it could reach $0.0162 in 2025.
Turbo began as an experimental project when GPT-4 was allocated $69 to create a memecoin. However, it underwent a 2,000% surge in 2024.
After peaking at $0.00978 on May 29, the price has now fallen as interest cools off and, on July 23, 2024, TURBO was worth $0.006287.
š§Turbo Price Analysis:š§
The current technical indicators for Turbo present a mixed outlook. The Relative Strength Index (RSI) at 63.8 is neutral, indicating neither overbought nor oversold conditions. The Stochastic Oscillator (STOCH) at 73.64 and the Stochastic RSI (STOCHRSI) at 0.7455 also show a neutral stance.
However, the Moving Average Convergence Divergence (MACD) with a value of 0.0004235 signals a buy, suggesting potential upward momentum. The Average Directional Index (ADX) at 23.25 supports this positive outlook with a buy signal, indicating a strengthening trend.
Conversely, the Commodity Channel Index (CCI) at 201.73 indicates a sell, warning of a possible overbought condition. The Williams %R at -26.3618, the Awesome Oscillator at 0.001188, and the Rate of Change (ROC) at 61.33 remain neutral, showing no clear direction.
Lastly, the Highs/Lows (14) at 0.007173 also suggest a buy, indicating bullish behavior in recent price movements.
šShort Term Turbo Price Prediction:š
The Turbo price prediction for the next 24 hours anticipates a 6% rise. Meanwhile, the token could make a 228% increase in the next month, reaching $0.021237 by August 22, 2024. Current technical indicators show a bullish sentiment, while the Fear & Greed Index stands at 71 (Greed).
Over the past 30 days, Turbo has experienced 10 out of 30 green days with a price volatility of 21%. Based on this forecast, now appears to be a favorable time to buy Turbo.
šLong Term Turbo Price Prediction:š
Letās examine some of Turbo price predictions made on July 23, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.
š„Turbo Price Prediction for 2024š„
If the positive momentum continues and TURBO breaks above its moving averages, it could reach targets between $0.00562 and $0.0137 by the end of 2024, with the average price set at $0.0131.
š„Turbo Price Prediction for 2025š„
Technical analysis suggests a potential increase for Turbo in 2025. The minimum TURBO price expected for 2025 is $0.0134 while the maximum one is $0.0162. On the other hand, the average forecast suggests it may reach $0.0147.
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