Turbo Price Prediction: Will $TURBO Hit $1B Market Cap?[embed]https://www.youtube.com/watch?v=Ci652T47t38[/embed]

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    <p>The Turbo meme coin has skyrocketed as the cryptocurrency market has turned bullish, climbing from a low of $300M to nearly $800M following Bitcoin’s breakout at $67K. Recent evaluations of Turbo coin illustrate its impressive upward price trajectory, with the token recently reaching an all-time high of $0.0131 just three days ago.</p>

    <p>Market sentiment is trending towards greed, but caution is warranted due to the risks tied to overbought market conditions. This article sheds light on the latest developments and future price prospects for the Turbo meme token.</p>

    <h2>$TURBO Meme Coin Price Forecast</h2>

    <p>As of today, October 18th, Turbo's price is $0.0104, with a 24-hour trading volume of $247.4 million and a market capital of $683 million. The $TURBO price has seen a decline of 4.92% over the past day but has jumped by 67% in the last week.</p>

    <p>Turbo has demonstrated a significant bullish breakout, gathering momentum and volume as it surpassed a critical resistance level between $0.010 and $0.101, which now serves as support.</p>

    <p>
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        <img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/turbo-meme-coin-7-days-price-graph-1.jpg" alt="Turbo Meme Coin 7 Days Price Graph" width="1920" height="1080" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/turbo-meme-coin-7-days-price-graph-1.jpg 1920w, https://insidebitcoins.com/wp-content/uploads/2024/10/turbo-meme-coin-7-days-price-graph-1-300x169.jpg 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/turbo-meme-coin-7-days-price-graph-1-1024x576.jpg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/turbo-meme-coin-7-days-price-graph-1-768x432.jpg 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/turbo-meme-coin-7-days-price-graph-1-1536x864.jpg 1536w" sizes="(max-width: 1920px) 100vw, 1920px"/>
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    <p>The primary question now is whether this support will hold, and if enough momentum exists for a further surge towards the next target of $0.015 to $0.016, which represents an approximate 45% increase from the current price.</p>

    <p>The weekly relative strength index (RSI) remains beneath the crucial 80 mark, indicating some room for further growth, while the daily RSI suggests a cautious outlook due to potential market volatility.</p>

    <p>However, the community's enthusiasm and ongoing backing continue to foster confidence for the coin, potentially positioning it as a contender for a $1 billion market cap. Investors should remain vigilant for opportunities and observe $TURBO's price movements closely, especially during significant drops that could provide appealing entry points.</p>

    <noscript></noscript>

    <p>Check out the video above for a detailed analysis of the Turbo price forecast and subscribe to his <a href="https://www.youtube.com/@JacobCryptoBury">YouTube channel</a>. Additionally, join the Jacob Crypto Bury Discord for trading insights and information on upcoming crypto presales.</p>

    <h2>$9.97 Million Turbo Deposit Fuels Speculation, But New Updates Boost Confidence</h2>

    <p>The recent deposit of $9.97 million worth of $TURBO on Binance and OKX has raised eyebrows. While this transaction is significant, it represents a small fraction of the total trading volume, implying that liquidating the entire amount at once would unlikely affect the price drastically.</p>

    <p>Speculation abounds regarding whether this deposit indicates a slowdown in price-inflating activities, potentially linked to concerns of market manipulation. Yet, Turbo's recent achievements encompass the introduction of a new USDT trading pair on Crypto.com, anticipated to bolster the coin's visibility, liquidity, and trading activity.</p>

    <blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="8.4516129032258">
    <p lang="en" dir="ltr">We will be adding support for Turbo perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our TURBO-PERP market will begin on or after 9:30 am UTC 24 OCT 2024. <a href="https://twitter.com/search?q=%24TURBO&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TURBO</a> <a href="https://t.co/CdzcKpWGAT">pic.twitter.com/CdzcKpWGAT</a></p>
    <p>— Coinbase International Exchange  (@CoinbaseIntExch) <a href="https://twitter.com/CoinbaseIntExch/status/1846945181519826952?ref_src=twsrc%5Etfw">October 17, 2024</a></p>
    </blockquote>

    <p>Moreover, Coinbase International Exchange and Coinbase Advanced will launch support for $TURBO perpetual futures starting at or after 9:30 AM UTC on October 24, 2024.</p>

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