COIN Weekly Technical Analysis
Coinbase Global Inc
Cryptocurrency exchange offering trading, custody, and blockchain services.
COIN Technical Analysis Summary
COIN is undergoing a severe, rapid correction following an extended rally, bringing the short-term technical picture firmly into bearish territory with expanding negative momentum. However, the asset is at a critical macro juncture as it directly tests the 200-week SMA near 170. The reaction at this level will dictate the long-term trend; a successful defense could establish a massive higher low, whereas a decisive breakdown would suggest a return to a broader bear market structure.
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COIN Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has plummeted significantly from recent highs, breaking well below the 50-week SMA. The MACD histogram is expanding negatively with lines pointing sharply down, and price is hugging the lower Bollinger Band, indicating strong bearish momentum.
Long-term Sentiment (weeks to months): Neutral
While the recent selloff is severe, the broader structure still features a 'Golden Cross' (50-week SMA above 200-week SMA). The price is currently testing the 200-week SMA as major support; a hold here would keep the long-term macro recovery intact, while a breakdown would shift the trend to bearish.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:36:35.326Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $167.50 | $160.00 - $175.00 | Strong | Current major support zone encompassing the 200-week SMA (approx 169) and a significant prior consolidation base from late 2023. |
| $117.50 | $110.00 - $125.00 | Strong | A massive structural pivot area; served as major resistance during mid-2023 before breaking out to begin the massive run-up. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $265.00 | $255.00 - $275.00 | Strong | Crucial overhead resistance containing the currently declining 50-week SMA (approx 270) and the 20-week SMA / middle Bollinger Band (approx 257). This zone will heavily cap any near-term bounce. |
| $290.00 | $280.00 - $300.00 | Strong | The recent structural peak and swing highs before the current massive selloff began. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Mean Reversion / Test of Long-Term Moving Average | Neutral | N/A | After a massive, near-parabolic run that left price extremely overextended from long-term moving averages, a violent correction has snapped the price back down to directly test the 200-week SMA. |
Frequently Asked Questions about COIN
What is the current sentiment for COIN?
The short-term sentiment for COIN is currently Bearish because Price has plummeted significantly from recent highs, breaking well below the 50-week SMA. The MACD histogram is expanding negatively with lines pointing sharply down, and price is hugging the lower Bollinger Band, indicating strong bearish momentum.. The long-term trend is classified as Neutral.
What are the key support levels for COIN?
StockDips.AI has identified key support levels for COIN at $167.50 and $117.50. 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 41/100. It is not 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.