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COIN Daily Technical Analysis

Coinbase Global Inc

Cryptocurrency exchange offering trading, custody, and blockchain services.

Last price: $220.00 Value score: 74.51 Short-term sentiment: Bearish Long-term sentiment: Bearish Last updated: 2026-01-23T15:10:38.576Z

COIN Technical Analysis Summary

COIN is technically bearish across all timeframes shown. The price recently failed to reclaim the 200-day SMA and has resumed its downtrend, confirmed by a Death Cross and negative MACD momentum. Immediate downside risk targets the December lows near 180, while any upside recovery faces heavy resistance at the falling moving averages.

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COIN Daily Chart

Daily candlestick price chart for COIN as of 2026-01-23T15:10:38.576Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for COIN as of 2026-01-23T15:10:38.576Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Bearish

Price is trading below the 20-day SMA and pressing against the lower Bollinger Band (217.41). RSI is falling towards oversold territory (33.83), and MACD shows negative momentum with the MACD line below the Signal line.

Long-term Sentiment (weeks to months): Bearish

The stock is in a clear downtrend with lower highs and lower lows. A 'Death Cross' is active, with the 50-day SMA (253.66) trading below the declining 200-day SMA (290.11).

Report Metadata

Support Price Levels

Level Range Strength Notes
$213.50 $210.00 - $217.00 Weak Current price area corresponds to previous consolidation zones in mid-2025, but is currently being tested.
$181.50 $178.00 - $185.00 Strong Recent major swing low from December 2025.
$152.50 $145.00 - $160.00 Strong Major structural support from early 2025 lows.

Resistance Price Levels

Level Range Strength Notes
$239.00 $238.00 - $240.00 Weak Near the 20-day SMA and Bollinger Band basis.
$256.50 $253.00 - $260.00 Strong Confluence of the 50-day SMA and recent breakdown levels.
$290.00 $285.00 - $295.00 Strong Major resistance at the 200-day SMA and recent swing high rejection point.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Death Cross Bearish N/A The 50-day moving average has crossed below the 200-day moving average, signaling a confirmed long-term bear market.
Strong Bearish Rejection Bearish $180.00 Recent price rally in January failed at the 200-day SMA and established a lower high, reinforcing the downtrend structure.

Frequently Asked Questions about COIN

What is the current sentiment for COIN?

The short-term sentiment for COIN is currently Bearish because Price is trading below the 20-day SMA and pressing against the lower Bollinger Band (217.41). RSI is falling towards oversold territory (33.83), and MACD shows negative momentum with the MACD line below the Signal line.. The long-term trend is classified as Bearish.

What are the key support levels for COIN?

StockDips.AI has identified key support levels for COIN at $213.50 and $181.50. These levels may represent potential accumulation zones where buying interest could emerge.

Is COIN in a significant dip or a Value Dip right now?

COIN has a Value Score of 75/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.

View the full interactive analysis on StockDips.AI.