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BITStar2

11/29 04:25

Momentum continues to strengthen Key momentum ind

Momentum continues to strengthen

Key momentum indicators, including the Moving Average Convergence Divergence (MACD) and the Accumulation/Distribution indicator, continue to point to increasing buying pressure.

At the time of writing, the MACD formed a classic golden cross, a pattern that often precedes substantial upside movement.

This formation confirms strengthening momentum, as the blue MACD line stays above the orange signal line while moving further into positive territory above the zero line.

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Meanwhile, the Accumulation/Distribution indicator, which tracks whether investors are accumulating or distributing the asset, showed a sharp rise in buying activity.

Trading volume rose from $1.7 billion on the 23rd of November to $8.7 billion, signaling stronger market participation and sustained demand that may continue supporting Turbo’s price action.

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