Want to know the current price of Coinbase and what’s next for COIN shares? On this page, we share the latest Coinbase news and advice on buying stocks. You can also view the latest Coinbase stock Forecast for 2022 and 2023 from our experts.
Should you buy or sell Coinbase shares today? To what levels can the shares of this company rise in a year, two, three? How much will Coinbase papers cost in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for COIN stock, both up and down.
Coinbase stock Forecast for 2022 and 2023
Coinbase quotes continue to move within the correction and the bullish channel. The moving averages indicate a short-term bullish trend for COIN stocks. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of securities and a likely continuation of the rise in the near future. At the time of publication of the forecast, the value of the shares is 265.83 per share. As part of the forecast, we should expect an attempt to develop a fall and test the support level near the area of 250.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 365.05 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Coinbase quotes will be a test of the ascending trend line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the rising channel. Cancellation of the option to raise the price of Coinbase shares will be a fall and a breakdown of the level of 225.55. This will indicate a breakdown of the support area and the lower border of the channel, in which case we can consider the continuation of the decline in securities to the area at the level of 185.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 300.55.
Coinbase stock Forecast for 2022 and 2023 assumes the development of a decline and a test of the support area near the level of 250.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 365.05. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the COIN rise option will be a fall and a breakdown of the level of 225.55. This will indicate a breakdown of the lower border of the channel and a continuation of the fall in value to the area below the level of 195.05.
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