The bout was officially announced during the broadcast of the UFC 299 event held in Miami.
Jalin Turner, 28, put his career back on track in December after two straight losses with a first-round knockout of Bobby Green.
Renato Moicano, 34, is riding a two-fight win streak, finishing Brad Riddell with a rear-naked choke and winning a unanimous decision over Drew Dober.
Jalen Turner and Renato Moicano are currently ranked ninth and thirteenth in the UFC lightweight rankings, respectively.