Down 42%, Is It Time to Buy the Dip on This Growth Stock?
The highest-flying digital assets certainly receive a lot of attention from investors. For those who aren't ready to fully jump in, owning a business like (NASDAQ: COIN) might be an idea worth considering.
But even this top crypto enterprise has taken investors on a volatile journey. The company's shares skyrocketed 391% in 2023 before rising 19% so far this year (as of Aug. 26). However, they trade 42% below their peak price from the bull market of 2021.
Is it time to buy the dip on this crypto growth stock?
Source Fool.com
Coinbase Global Inc. Stock
€139.52
-2.960%
Currently there is a rather positive sentiment for Coinbase Global Inc. with 27 Buy predictions and 14 Sell predictions.
With a target price of 181 € there is a positive potential of 29.73% for Coinbase Global Inc. compared to the current price of 139.52 €.
