In the next year, our stock price prediction algorithm forecasts COIN to gaine 225.67% and reach $ 181.04 on Jun 22, 2024. ![]() In the medium to long term, Coinbase stock could lose -3.93% and trade at $ 53.41 on Dec 20, 2023. On a monthly basis, Coinbase stock is expected to lose -46.58% and reach $ 29.70 on Jul 21, 2023. All in all, 8 technical analysis indicators signal bullish activity, and 16 signal bearish activity for the COIN stock.Īccording to the technical indicators outlined above, the price of Coinbase stock is predicted to increase by 9.50% in the next five days and hit $ 60.87 on Jun 24, 2023. ![]() Meanwhile, the Relative Strength Index (RSI), a popular market momentum indicator, is at 44.8645, which suggests that COIN is trading in a neutral zone. In addition, the price of Coinbase stock is currently below the 50-day SMA, which is a bearsih indicator. You can check the most important Coinbase financials in the chart below (note that TTM stands for "trailing 12 months"): PE Ratio (TTM)Īt the moment, COIN stock is trading below the 200-day simple moving average (SMA), which is considered a bearsih signal. In addition to the financials, which can be classified as fundamental factors, you should also pay attention to the stock's technicals before even thinking of how to invest in Coinbase stocks. Research your Coinbase stock investmentīefore buying COIN, or any of the other stocks, it is advisable to check the company’s financials to gain a sense of how the recent business results and market trends could impact the price of the stock going forward.
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