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Blockchain Stock Set To Soar
COINCoinbase(COIN) Forbes·2024-06-20 16:25

Blockchain leader Coinbase Global (COIN) has struggled this quarter, down 10% since Q3 kicked off at the beginning of the month. The equity is also far removed from its March 25, more than two-year high of $283.48. However, COIN's recent pullback could be short-lived, as the equity approaches a historically bullish trendline. Daily chart of Coinbase Stock with its 80-day moving average Even further, Coinbase Global stock's Schaeffer's Volatility Scorecard (SVS) stands at a 71 out of 100, indicating the stoc ...