One investment adviser says Coinbase stock is looking strong despite being “due for a pullback,” but other analysts are more skeptical.
Shares in crypto exchange Coinbase Global Inc. (COIN) ended Thursday’s trading session at a new all-time closing high, but analysts are divided on if the rally will continue.
“Going vertical now,” Real Vision CEO Raoul Pal said in a post on Thursday in response to Coinbase’s record close.
“Next step, crypto,” Pal said, adding, “the liquidity spigot is wide, wide open.”
