The best traders know how to identify important price levels. These are called support and resistance levels. A common market dynamic is levels of support converting into resistance and levels of resistance turning into support.As you can see on the chart, the $203 level has been both support and resistance for Coinbase Global Inc. COIN since May. This is why our team of trading experts has made it our Stock of the Day.If a market is going down there aren't enough buy orders to absorb all the sell orders. A ...

Stablecoins and the blockchain just got another big supporter.When the crypto bubble burst, it was seen as a sign that the blockchain's days were over. But that couldn't be further from the truth, and fintech company Stripe just signed a $1 billion deal to acquire Bridge, a stablecoin payment developer. In this video, Travis Hoium explains why this is huge for the blockchain and Coinbase (COIN -2.95%).*Stock prices used were end-of-day prices of Oct. 21, 2024. The video was published on Oct. 21, 2024. ...

Coinbase Global Inc (COIN) shares are trading at a premium to the Zacks Financial Transaction Service Market. Its 12-month forward price-to-earnings of 96.60X is much higher than the industry average of 24.12X, the broader sector's 25.59X and the Zacks S&P 500 composite's 22.27X. Its Value Score of F suggests that the stock is not so cheap and indicates a stretched valuation at this moment. COIN, America's largest registered crypto exchange, has a market capitalization of $54.7 billion. The average volume o ...

Coinbase Global, Inc. (COIN) shares soared 11.3% in the last trading session to close at $196.35. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 8.2% gain over the past four weeks. This jump is primarily attributable to rise in Bitcoin on Monday's trading session. Coinbase, being the major holder of bitcoin, which is the largest cryptocurrency, benefited from the positive development. In a report by Investopedia, 'The price of b ...

GOP policies could work to the advantage of these three stocks. In 24 days, millions of Americans will head to the polls. Many others have already begun early voting. DecisionDesk HQ predicts that former President Donald Trump has a 48% chance of returning to the Oval Office for a second term. According to its model, Republicans have a 71% chance of winning the Senate and 54% chance of holding on to control of the House of Representatives. While these are only estimates that could prove to be wrong, there's ...

NEW YORK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of Pennsylvania on behalf of those who acquired Coinbase Global, Inc. ("Coinbase" or the "Company") (NASDAQ: COIN) securities during the period of April 14, 2021 to July 25, 2024, inclusive ("the Class Period"). Investors have until November 12, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsu ...

Coinbase Global, Inc. (COIN) closed the latest trading day at $167.69, indicating a -0.73% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.97%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 1.45%. Heading into today, shares of the company had gained 8.95% over the past month, outpacing the Business Services sector's gain of 4.27% and the S&P 500's gain of 5.41% in that time. The upcoming earnings release of Coinbase Global, Inc. will be of gr ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

In the latest market close, Coinbase Global, Inc. (COIN) reached $164.47, with a -0.33% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.08%. The company's stock has dropped by 2.44% in the past month, falling short of the Business Services sector's gain of 1.2% and the S&P 500's gain of 1.21%. Analysts and investors alike will be keeping a close eye on the performance of Coinbase Global, Inc. in ...

LOS ANGELES, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming November 12, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Coinbase Global, Inc. ("Coinbase" or the "Company") (NASDAQ: COIN) securities between April 14, 2021 and July 25, 2024, inclusive (the "Class Period"). If you suffered a loss on your Coinbase investments or would like to inquire about potentially purs ...