BMNR BitMine Immersion - Revised Valuation Outlook with Updated mNAV Model



New price targets based on NAV correlation:
- At $4,000 ETH: $73 BMNR
- At $5,000 ETH: $90 BMNR
- At $6,000 ETH: $107 BMNR

From a technical perspective, the chart is eyeing $53.63 as the near-term pivot point—where both the volume shelf resistance and the 618 Fibonacci retracement converge. This level could act as a critical marker before any push toward those higher NAV-based targets.

Current on-chain activity shows trading volume around 3,967,210, reflecting steady market engagement. The interplay between these technical levels and the underlying NAV framework suggests traders should monitor how price respects the $53.63 zone moving forward.
ETH0,15%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)