RBLX is looking at a average Analyst price target of roughly $114.80, with a possible fall of 10% if we are looking at the analyst rating as a reference. tipranks.com/stocks/rblx/forecastThere is a new channel forming which price can bounce around in if we cant break the resistance level that has been touched multiple times (see blue circles on purple resistance line).
There are a number of macro events at play this week, as well as multiple competitors entering the metaverse space.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.