Is It Time to Sell Coinbase?
As goes the cryptocurrency market, so goes (NASDAQ: COIN). The company's stock plummeted 86% in 2022 as investor appetite for the risky asset class plunged and Coinbase saw its trading volume tank.
But this year has been a complete turnaround as far as investor sentiment is concerned. As of Aug. 23, Coinbase shares were up 118% in 2023, crushing the broader Nasdaq Composite Index. They do, however, remain 78% off their all-time high.
After a monster price surge, is now the right time to sell Coinbase? Let's take a closer look at this top cryptocurrency stock.
Source Fool.com
Coinbase Global Inc. Stock
€132.88
-7.740%
Our community is currently high on Coinbase Global Inc. with 27 Buy predictions and 14 Sell predictions.
As a result the target price of 183 € shows a positive potential of 37.72% compared to the current price of 132.88 € for Coinbase Global Inc..
