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2024/10/25 17:59
Turbo (TURBO)
Amid increased price volatility, the TURBO price has dropped ~10% over the past week. Moreover, with a market capitalization of $622.82 million, it has secured the 208th position in the global crypto list.
The Simple Moving Average (SMA) has experienced a bearish convergence in the Turbo price chart. Moreover, the MACD indicator has displayed a constant rise in the red histogram with its averages recording a negative crossover. This suggests a weak buying pressure for the altcoin in the market.
Pushing the TURBO price above its resistance level of $0.0107 could result in it retesting its upper high of $0.01344. On the contrary, if the bears gain momentum, the Turbo token could plunge toward its low of $0.0081450.
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