In the first quarter of 2024, it was not surprising that Turbo (TURBO) was all over the place with a shocking increase of 2000% from the beginning until late May when it peaked at $0.00978 only to come down to $0.006287 by July 23rd. The rise and fall characterize the erratic behaviour in which cryptocurrencies operate and emphasize the likelihood of changes in turbo token price.
Suggested Read: All About Turbo Coin ( $TURBO Crypto) – Price, Future & More
Thus, before making any investments into this cryptocurrency one must get acquainted with Turbo’s price forecast as well as other technical indicators that would help them make sound financial choices down the line.
Turbo Coin Price Prediction
Here are the anticipated price ranges for Turbo in the coming years:
2024 Turbo Price Prediction:
- Minimum Price: $0.00562
- Average Price: $0.0131
- Maximum Price: $0.0137
If Turbo crypto price proceeds in the direction it has been heading, it will have a chance to find its way to $0.00562 – $0.0137 by 2024 December. In fact, if the current situation persists, every projection shows that the prices will follow a growth trajectory.
2025 Turbo Coin Price Prediction:
- Minimum Price: $0.0134
- Average Price: $0.0147
- Maximum Price: $0.0162
For 2025, the Turbo coin price prediction shows significant growth potential, with estimates suggesting a maximum price of $0.0162. This anticipated rise reflects growing investor confidence and continued market interest.
2030 Turbo Coin Price Prediction:
- Minimum Price: $0.0425
- Average Price: $0.0458
- Maximum Price: $0.0472
Long-term predictions for 2030 indicate that Turbo could reach a maximum of $0.0472. This optimistic outlook assumes sustained positive trends and broad acceptance in the market.
Technical Analysis & Historical Performance
Technical Indicators:
- Relative Strength Index (RSI): 63.8 (Neutral)
- Moving Average Convergence Divergence (MACD): 0.0004235 (Buy Signal)
- Commodity Channel Index (CCI): 201.73 (Sell Signal)
The RSI of 63.8 suggests neutral market conditions, while the MACD buy signal indicates potential upward momentum. The CCI’s sell signal warns of possible overbought conditions, which could affect short-term price movements.
Short-Term Price Predictions:
- Next 24 Hours: Anticipated 6% rise
- Next Month: Potential 228% increase, possibly reaching $0.021237 by August 22, 2024
These short-term predictions reflect a bullish sentiment, with significant potential for growth in the near future. Investors should monitor these indicators closely to capitalize on price movements.
Historical Price Data:
Time Period | Turbo Price |
Last Week (July 16) | $0.004254 |
Last Month (June) | $0.005885 |
Three Months Ago | $0.0006581 |
Last Year (July 23) | $0.0001084 |
All-Time High | $0.009450 |
The historical price data highlights the rapid growth Turbo has experienced over the past year, as well as its significant peaks and troughs.
Market Cap Overview:
Date | Market Cap |
July 23, 2024 | $396.2 million |
Rank | 211th largest |
As of July 23, 2024, Turbo’s market capitalization stands at $396.2 million, making it the 211th largest cryptocurrency by market cap. This ranking reflects the growing importance of Turbo in the crypto market.
Summary-
The forecasts for Turbo coin’s prices indicate substantial possibilities for short-run profits and long-term expansion. Therefore, investors need to keep abreast of critical technical metrics, past developments, and various economic circumstances when making their tactical choices in regard to securities. In this ever-changing world of cryptography, it is essential that we observe changes in the price of Turbo coin constantly so as to develop a better understanding of its behaviour.
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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.