Convergence

Dice

Solana

Pepe

Turbo

The Turbo price <a href="https://www.geckoterminal.com/eth/pools/0x7baece5d47f1bc5e1953fbe0e9931d54dab6d810" rel="noopener noreferrer nofollow">surged</a> over 24% in the last 24 hours to trade at $0.001936 as of 7:55 a.m. EST as investors rush to buy the Ethereum AI <a href="https://insidebitcoins.com/news/top-meme-coins-to-watch-today-thursday-may-23-landwolf-gorilla-hump-dogeverse" rel="noopener noreferrer nofollow">meme coin</a>.
The pump in the TURBO price comes amid an increase in the collective value of Ethereum tokens as the market awaits a potential approval of a spot ETH ETF (exchange-traded fund). With this anticipation building, the Ethereum ecosystem’s capitalization has risen over 3% in the last 24 hours.
Altcoin leader ETH soared more than 6% through the past day of trading and 30% in a week.
<h2 id="span-style-font-weight-400-the-turbo-price-forms-a-bullish-channel-span">The Turbo Price Forms A Bullish Channel</h2>
<img decoding="async" src="https://s3.tradingview.com/snapshots/k/kmeryJRw.png" alt="TURBO Chart Image">
4-hour chart for TURBO/USD (Source: <a href="https://www.tradingview.com/x/kmeryJRw/" rel="noopener noreferrer nofollow">GeckoTerminal</a>)
The Turbo price printed a series of higher highs and higher lows on the 4-hour chart throughout the past couple of days. This resulted in the formation of an ascending price channel. TURBO managed to overcome the major resistance level at $0.001802 as well during the last 24 hours.
If this bullish momentum persists, the Turbo price might attempt to flip the next major resistance level at $0.002111 into support. On the other hand, TURBO breaking below the recently-breached $0.001802 mark in the next 12 hours could invalidate the bullish thesis.
In this alternative scenario, the Turbo price might fall to the subsequent support at $0.001504 in the short term. Continued sell pressure should the crypto drop to this price point could then lead to it plummeting to as low as $0.001141 in the next few days.
<h2 id="span-style-font-weight-400-technicals-warn-of-a-turbo-price-correction-span">Technicals Warn Of A Turbo Price Correction</h2>
Technical indicators on TURBO’s 4-hour chart are starting to show bearish signs, which might lead to a price correction. More specifically, the Bollinger Bands (BBANDS) and the Moving Average Convergence Divergence (MACD) indicators warn of a potential drop in price in the coming 24 hours.
The Turbo price is trading near the upper boundary of the BBANDS on the 4-hour chart. Traders usually identify this as a sell signal. However, bulls could continue to push the crypto’s price higher in the short term if they are able to keep their positive momentum going.
Meanwhile, <a href="https://insidebitcoins.com/news/turbo-generates-7m-volume-in-24h-meme-coin-ai-pushes-for-100x-growth" rel="noopener noreferrer nofollow">TURBO</a> currently finds itself in a bullish trend, as signaled by the MACD line’s position above the MACD Signal line. This positive cycle might soon come to an end, however, since the MACD is collapsing towards the MACD Signal line.&nbsp;
A cross between these two technical indicators could signal that the Turbo price has entered a negative short-term cycle. Together with the Turbo price’s position near the upper boundary of the BBANDS, the narrowing gap between the MACD and MACD Signal lines suggests traders have already started realizing profit.
There is also the overwhelming sell volume that has flooded TURBO’s charts over the past 4-8 hours. All of these technical factors combined might lead to the Turbo price testing the $0.001802 support soon.
With TURBO at risk of possibly correcting in the next 24 hours, investors might want to take a look at the new presale <a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="noopener noreferrer nofollow">Mega Dice</a> (DICE) on Solana.
<h2 id="span-style-font-weight-400-launching-with-an-established-brand-span">Launching With An Established Brand</h2>
Unlike many other cryptos gearing up for launch, DICE is backed by an established, rapidly-growing, global crypto casino brand. With more than 50k players, the Mega Dice crypto casino already has exposure to a large pool of potential investors.&nbsp;
This could be why an analyst from the 99Bitcoins YouTube channel named DICE as one of the top 3 crypto presales with 100X growth potential.
<iframe title="THE BEST 3 PRESALE Projects To BUY NOW With 100X Potential?!" width="640" height="360" src="https://www.youtube.com/embed/ZxzVlo8oQiU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
In addition to being a great speculative opportunity, there are several opportunities for investors to earn rewards within the Mega Dice ecosystem.
One of the main ways to receive rewards is to buy and stake DICE tokens. Investors then stand to earn daily rewards.&nbsp;
Seeing as the casino already boasts over 10k active monthly players and more than $50 million in monthly bets, DICE holders who lock up their tokens could earn substantial rewards from the get-go.
Early bird bonuses and limited edition NFTs that can be used to unlock exclusive rewards and benefits will also be distributed to anyone who purchases DICE at this early stage.
<h2 id="span-style-font-weight-400-investors-flock-to-dice-s-presale-span">Investors Flock To DICE’s Presale</h2>
With the abundance of rewards opportunities and its appreciation potential on launch, it’s no surprise that investors have sent over $1.3 million to DICE’s presale thus far. The investor frenzy could also have something to do with the more than $2.25 million airdrop campaign currently running.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Score BIG by joining our 6,000 USDT <a href="https://twitter.com/hashtag/SportsTournament?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SportsTournament</a> NOW! 🚀
 Compete for 20 thrilling prizes every month, including a jaw-dropping 2,000 USDT grand prize! ⚽
 Don't miss out on the action – opt in today! 🌟
 🔗<a href="https://t.co/OzfgsmWabc" rel="noopener noreferrer nofollow">https://t.co/OzfgsmWabc</a> <a href="https://t.co/wYUP2OCNWw" rel="noopener noreferrer nofollow">pic.twitter.com/wYUP2OCNWw</a>
 — Mega Dice Casino (@megadice) <a href="https://twitter.com/megadice/status/1793613518756864303?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 23, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Anyone that wants to purchase DICE at this early stage can do so through the simple buy widget embedded on the project’s website. 
Selling for $0.075, DICE can be bought using either SOL, ETH or BNB.&nbsp;
<a href="https://insidebitcoins.com/visit/mega-dice-presale" rel="noopener noreferrer nofollow">Purchase and stake DICE tokens here.</a>
<h3 id="span-style-font-weight-400-related-articles-span">Related Articles:</h3>
<ul>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e/" rel="noopener noreferrer nofollow">Upcoming Crypto Presales: Unlock Early Investment Opportunities!</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/cnbc-sparks-debate-over-whether-a-spot-solana-etf-might-be-next" rel="noopener noreferrer nofollow">CNBC Sparks Debate Over Whether A Spot Solana ETF Might Be Next</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/pepe-price-soars-35-in-a-week-as-experts-say-this-chain-travelling-dogecoin-derivative-might-be-the-best-meme-coin-to-buy-now" rel="noopener noreferrer nofollow">Pepe Price Soars 35% In A Week As Experts Say This Chain-Travelling Dogecoin Derivative Might Be The Best Meme Coin To Buy Now</a></li>
</ul>

Is It Too Late To Buy TURBO? Turbo Price Soars 24% And This Solana Token Might Be The Next Crypto To Explode

Table of Contents

Inside Bitcoins

Other articles published on May 23, 2024

Spot Ether ETFs receive official approval from the SEC

Web3 X Summer Pitch 2024: Benefits of Investing

Bitcoin Will Hit $80,000 In May Despite Outflows To Ethereum: Analyst

Bitcoin Hash Rate And Difficulty On The Rise Over ETH ETF Optimism

The Rise of Ethereum and Its Impact on Blockchain Technology

Remember When Everybody Liked Polygon? Reasons Behind MATIC’s Disappointing Run and a Look at Pro...

Join our free newsletter for daily crypto updates!