In a significant turn of events, Coinbase ( NASDAQ:COIN ), a leading cryptocurrency exchange, finds itself embroiled in legal turmoil as a class action lawsuit, initially dismissed in 2021, is revived by the 2nd US Circuit Court of Appeals. This development thrusts the platform into the spotlight once again, reigniting debates over the regulatory landscape of...
A judge has ruled that the Securities and Exchange Commission's (SEC) lawsuit against Coinbase ( NASDAQ:COIN ), the leading cryptocurrency exchange, can proceed to a jury trial. This ruling marks a pivotal moment in the ongoing battle between Coinbase and the regulatory authorities.
Moreover, NASDAQ:COIN surged by 3.28% igniting bullish sentiments on the stock...
Amidst Bitcoin's rebound past $70,000, Coinbase ( NASDAQ:COIN ) shares soar, reflecting renewed optimism in the cryptocurrency market.
Coinbase ( NASDAQ:COIN ) shares have catapulted by over 9% in the past 24 hours, mirroring the resilience of Bitcoin ( NASDAQ:COIN ) as it bounces back above the $70,000 threshold. This surge in Coinbase's share price underscores...
Cathie Wood's Ark Invest has divested approximately $123 million worth of shares in Coinbase ( NASDAQ:COIN ) and Robinhood ( NASDAQ:HOOD ) this week, signaling a significant shift in sentiment towards cryptocurrency-related stocks.
Ark Invest, known for its bullish stance on disruptive technologies, made headlines as it offloaded substantial holdings in both...
Cathie Wood's Ark Invest has made headlines once again with a significant sell-off of Coinbase ( NASDAQ:COIN ) shares, amounting to a staggering $69.5 million. As one of the leading voices in the investment world, Wood's strategic moves often garner attention and spark discussions among investors. This latest divestment of Coinbase ( NASDAQ:COIN ) shares raises...
In a resounding testament to its resilience, Coinbase (NASDAQ: NASDAQ:COIN ), the leading cryptocurrency exchange, has surged back into profitability with a staggering $273.4 million profit in the fourth quarter of 2023. This remarkable turnaround comes on the heels of a tumultuous period marked by regulatory challenges, market volatility, and legal disputes. As...
Coinbase stock price has picked up aggressive momentum this week, as its rival in crypto exchange Binance is facing some regulatory challenges. As a result, the Coin price has been rising for five consecutive days and reached a 4-month high of $114.4. However, a look at the daily time frame chart shows this recovery is part of a rising channel indicating the asset...
Hi, According to my analysis of coinbase stocks, there is a good buying opportunity. With the arrow out of the transverse area. The resistance level at $80 was broken. Good luck everyone
After seemingly bottoming out at 30 lows, COIN has range highs at 80s. It also has an unfilled gap at 77, for added confluence. It does have unfilled gaps at 63 and 59 as well, which would be great buying opportunities if we revisited those levels. Ultimately, so long as it holds above 55 I will retain my bullish bias, targeting 77/80s next.
Done from my phone but following my last idea.... I imagine we will see a small retrace up to test of the 2017 high before further downside.
This is a nice scalp move as I keep repeating a healthy market is key for take off...
Keep and eye out for the retrace to $1475-$1550
Pull out in profit and watch the bear massacre occur.
Good luck and have fun with it
Long...
i expect this movement to be a slowly decreasing line, down to around $1400
a sharp spike up to make it a healthy market.
then followed by a strong bear market.
We might receive a nice $30-$60 increase from this area but further downside is expected if we ever want to hit that new All Time High.
Coinbase stock is ready to drop .
Stoch indicator shows an overbought conditions.
The price faked out a little bit above the resistance trendline, but it got rejected from an upper boundary of the Bollinger bands.
Expecting a nice drop.
Target: 31,40 $ which would be a lower boundary of the BB.
Good luck
The price moves in the channel .
At the moment the double bottom pattern on 1h timeframe is valid and we expect the push up towards the downsloping resistance line . After that, we should see one more dump before we reach 'aggresive' target from Head and shoulders that we identified some time ago:
Conservative target was already reached.
You can long it now or...
Bitcoin broke the key level which it held for many months.
Yesterday Coinbase´s price bounced from the key support however we expect that Coinbase stock will follow Bitcoin´s path therefore getting rejected from the resistance (red line) wouldn´t be surprising.
According to technical analysis, support which is tested more times is more likely to break down.
If...
What we can see on the chart is a potential head and shoulders pattern forming.
Currently the price might be forming the right shoulder.
If this pattern were to form itself fully , we will be looking for a break down with a volume surge.
The target from this formation would be around $32.
If you enter short position, remember to put a stop loss which could be...
