After the Fed’s 25 bps rate cut, Coinbase 
COIN gained strong upward momentum. Lower borrowing costs boosted risk appetite and supported the crypto sector — pushing COIN higher.
Price has moved above $340 and is heading toward key resistance at $373.
A breakout above $373 opens the path to $422.
Support remains at $313–315, with a deeper level near $295.
MACD shows a bullish crossover, confirming the upside momentum.
Bollinger Bands: price is pushing toward the upper band, signaling renewed strength.
Risks
Profit-taking may appear near $373.
COIN’s move is highly correlated with BTC and overall crypto sentiment.
COIN gained strong upward momentum. Lower borrowing costs boosted risk appetite and supported the crypto sector — pushing COIN higher.Price has moved above $340 and is heading toward key resistance at $373.
A breakout above $373 opens the path to $422.
Support remains at $313–315, with a deeper level near $295.
MACD shows a bullish crossover, confirming the upside momentum.
Bollinger Bands: price is pushing toward the upper band, signaling renewed strength.
Risks
Profit-taking may appear near $373.
COIN’s move is highly correlated with BTC and overall crypto sentiment.
Disclaimer
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.
Disclaimer
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.