Turbo Token Skyrockets as Buyers Return Following Pro-Long Downtrend
The post Turbo Token Skyrockets as Buyers Return Following Pro-Long Downtrend appeared on BitcoinEthereumNews.com.
Turbo token surged from $0.0015 to over $0.006 in April 2025. Key support at $0.0045 and $0.0038, with resistance at $0.006 and $0.007. The Turbo displayed exceptional price fluctuations during the previous two months while experiencing its most intense surge during late April 2025. Key technical indicators such as RSI and MACD demonstrate that buyers are awakened after a prolonged downtrend. The price of Turbo stabilized at $0.0015 early in April before it started accumulating value through steady price increases. Afterwards the token surpassed its 200-day EMA resistance, which had blocked price advances throughout March. After the breakout, Turbo price of Turbo experienced an explosive price surge that pushed its value above $0.006 while starting from $0.0018. According to CoinMarketCap data, at the time of writing Turbo price is trading at $0.0052730 with an intraday surge of 5%, indicating positive momentum. The daily trading volume has surged by 117% pointing to buying momentum, and the volume-to-market ratio is 98.89%, indicating robust liquidity. What’s Next In Turbo Price? Source: Tradingview The price of Turbo currently hovers at $0.0054 while showing a minor pullback from its peak, but stays above its three EMAS (20/50/100), which demonstrate robust bullish influence. The RSI indicator displays values between 66-67, which indicates robust momentum has not entered the extreme overbought territory that typically exceeds 80. The current price position suggests additional upward movement might occur before a major market correction takes place. The MACD indicator supports an ongoing bullish trend because both MACD and signal lines stay above zero, suggesting bullishness. The histogram continues to display positive momentum, yet its bars indicate a reduction in speed as they have become slightly shorter. Market participants should monitor the $0.0045 support zone because this area previously functioned as resistance before turning into support. Additional support for increased selling…
Filed under: News - @ April 27, 2025 5:24 pm