The price of Turbo has risen by 15% as it approaches its highest level since the beginning of the year
The price of Turbo shows bullish momentum, having increased by 15% in the last 24 hours.
From October 2024 to May 2025, Turbo's stock experienced a significant bullish turnaround following a long-term price decline on the daily timeframe. The price of Turbo has recently regained its strength, ending its continuous downward trend and showing an upward trajectory.
Turbo's stock has exhibited a strong chart structure in recent trading sessions. The price has been trading above the 50-day and 200-day exponential moving averages, indicating the presence of bulls. Meanwhile, the bears have been cautious of the competition, waiting for a decline to exert their influence.
However, after noticing the rise, they closed their positions and remained neutral. On the other hand, bullish investors continued to build long-term buy positions, steadily moving towards the upward zone. Market data from CMC shows that the current trading price of this asset is $0.005158.
Market interest has increased recently due to the price surpassing multiple resistance points in a rapid ascent. From the perspective of the exponential moving average (EMA), the price has exceeded the 50-day and 200-day exponential moving average levels, indicating a critical technical development in the growing bullish market sentiment.