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BTCC / BTCC Square / Global Cryptocurrency /
Nvidia’s Chart Hints at $200 Target Despite China Setback

Nvidia’s Chart Hints at $200 Target Despite China Setback

Author:
Global Cryptocurrency
Published:
2025-05-31 20:12:02
20
1

Nvidia’s recent pullback to $135.13 hasn’t deterred analysts, with chart watchers identifying a bullish cup-and-handle pattern that could propel shares to $200 by September. The semiconductor giant’s 24% monthly rally, fueled by strong Q1 2025 earnings ($44.06B revenue, $0.96 EPS), contrasts with a $7B hit from U.S. export bans on China-bound H20 chips.

Meanwhile, U.S. lawmakers advance crypto regulatory reforms, signaling potential market-moving developments for digital assets. TradingShot’s Fibonacci-based projection suggests Nvidia’s resistance at $143.60 may soon give way to renewed momentum.

|Square

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