• bitcoinBitcoin (BTC) $ 101,859.00
  • ethereumEthereum (ETH) $ 3,421.19
  • tetherTether (USDT) $ 0.999756
  • xrpXRP (XRP) $ 2.39
  • bnbBNB (BNB) $ 955.42
  • solanaWrapped SOL (SOL) $ 154.02
  • usd-coinUSDC (USDC) $ 0.999791
  • staked-etherLido Staked Ether (STETH) $ 3,418.83
  • tronTRON (TRX) $ 0.295688
  • dogecoinDogecoin (DOGE) $ 0.170582

Wall Street Divided on Coinbase’s Path Forward After Q3 Earnings Beat

Transaction revenue hit $1.05 billion, but price targets range from $266 to $510 as Wall Street debates whether growth can outpace rising costs.

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💡 DMK Insight

Transaction revenue hitting $1.05 billion is impressive, but here’s the kicker: price targets for ETH are all over the place, ranging from $266 to $510. This disparity reflects a broader uncertainty in the market, especially as Wall Street grapples with whether growth can truly outpace rising costs. For traders, this means volatility is likely to remain high. If ETH is currently at $3,876.51, a drop to the lower end of that target range could trigger significant selling pressure, while a move towards $510 might attract bullish sentiment. Keep an eye on trading volumes and market sentiment as these price levels approach. Also, consider the ripple effects on related assets like BTC or other altcoins, which often follow ETH’s lead. If ETH starts to falter, expect a similar reaction across the board. Watch for key support around $3,500 and resistance at $4,000 to gauge where ETH might head next.

📮 Takeaway

Monitor ETH closely around $3,500 for support and $4,000 for resistance; volatility is expected as price targets fluctuate between $266 and $510.

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