Coinbase Global, Inc.(COIN) - Stock detail

Coinbase Global, Inc.

US
COIN
Coinbase Global, Inc.(Listing date: 04/14/2021)

Coinbase Global, Inc. was founded in Delaware in May 2012 by Brian Armstrong and Fred Ehrsam, with its headquarters located in San Francisco, California, USA. It has 1,249 full-time employees and operates as a digital currency exchange. They facilitate the trading of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Tezos, and many other cryptocurrencies. It enables trading and storage using fiat currencies in approximately 32 countries and Bitcoin in 190 countries worldwide. By trading volume, Coinbase is currently the largest cryptocurrency exchange in the United States. Nearly all of Coinbase's revenue comes from the trading of BTC and ETH.

AI Technical AnalystSell
Rating2/10
Generated at:2026-06-11 17:41:15
Analysis is based on provided price and technical data for Coinbase Global, Inc. (COIN) on the US Stock Market (NASDAQ). Data analysis range: 2026-03-18 to 2026-06-11 (86 calendar days, 60 trading days). Analysis date is 2026-06-12 based on data up to 2026-06-11. Chip distribution is an estimate based on historical OHLC and turnover data using a volume-based proxy for turnover rate.
Insight

The technical picture for COIN is decisively bearish, characterized by a strong downtrend with prices below all key moving averages, expanding bearish momentum, and high-volume sell-offs.

Resistance
222.35
Support
147.88
Support and resistance are estimated from the latest 60 sessions.
Strategy
  • Short-term:For existing holders, use any rallies toward the $165-$170 resistance zone to reduce exposure or exit. For potential buyers, there is no compelling technical buy signal; avoid new long positions. Watch for a break below $152.40 support, which would signal further downside.
  • Mid-term:Remain cautious. The primary trend is down. Wait for a clear reversal pattern, such as a higher low followed by a break above a key moving average (e.g., MA_10 or MA_20) with strong supporting volume, before considering any medium-term entry. Monitor for stabilization and a change in volume profile.
  • Long-term:The long-term trend cannot be determined from this short-term technical analysis alone. Long-term investors should wait for a more established base formation and a confirmed trend reversal, potentially signaled by a sustained move above the MA_20 ($177.68) and the $180 level, coupled with improved market and sector fundamentals.

Moving averages

MA 5
156.88
MA 20
177.68
MA 60
185.64
Price
160.43
AI Analysis
  • The moving averages are in a clear bearish (descending) order, indicating sustained selling pressure.
  • The current close price of $160.43 is trading below all key moving averages (5, 10, 20, 60-day).
  • This confirms the stock is in a strong downtrend, with each average acting as a layer of resistance.
  • The price is also below all three Exponential Moving Averages (EMA_5, EMA_10, EMA_20).
  • The EMA_5 ($159.33) is currently acting as immediate resistance.

Volume

Volume
6.90M
20D Avg
9.38M
Institution
-
Participation
-
AI Analysis
  • Volume has been a critical tell.
  • The most significant down day (2026-06-05, close $152.40) came with exceptionally high volume (16.64M shares), indicating capitulation selling or strong institutional outflow.
  • Recent up days (e.g., 2026-06-08, 2026-06-11) have seen moderate volume.
  • This suggests the rebounds lack the conviction of broad-based buying and are more likely short-covering or dead-cat bounces.
  • This volume profile supports the bearish trend.

MACD

MACD
-9.80
Signal
-7.32
Hist
-2.49
Trend
-
AI Analysis
  • The MACD line is deep in negative territory and below its signal line, confirming strong bearish momentum.
  • The negative histogram shows that this bearish momentum is currently expanding.

Bollinger bands

Upper
210.78
Middle
177.68
Lower
144.58
Width
37.26%
AI Analysis
  • The price ($160.43) is trading near the lower Bollinger Band ($144.58), which often acts as dynamic support.
  • The wide gap between the upper and lower bands (approx. $66) indicates high historical volatility over the last 20 days.
  • The price is significantly below the middle band, reinforcing the bearish trend.

RSI

RSI(14)
40.60
RSI(6)
41.86
Overbought
70+
Oversold
30-
AI Analysis
  • RSI (14-period) is 40.60 and RSI (6-period) is 41.86.
  • Both RSI readings are below the neutral 50 level, indicating bearish momentum.
  • However, they are not yet in oversold territory (<30), suggesting there is potential for further downside before a technical bounce becomes likely.

KDJ

K
22.58
D
20.62
J
26.52
Trend
-
AI Analysis
  • All three KDJ values (K:22.58, D:20.62, J:26.52) are below 30, which is traditionally considered an oversold condition.
  • The J-line has turned up slightly from recent lows, which can be an early, weak signal for a potential short-term bounce or consolidation.
  • However, this signal is not strong on its own within a powerful downtrend.

Chip distribution

How chip distribution helps you?
Chip distribution summary
  • The current price is at the estimated average cost for all holders, positioned at the bottom of a high-concentration cost band, creating risk for accelerated selling if support breaks.
  • Average Cost is estimated at $160.53. The latest close ($160.43) is essentially at the estimated average cost for all holders.
  • This is a precarious position, as it leaves no aggregate profit cushion and can lead to increased selling if the price dips slightly.
  • Profit Ratio is 44.50%, meaning less than half of the estimated holders are in profit.
  • A low profit ratio reduces the incentive to sell to realize gains but increases the likelihood of selling to stop losses if the price falls.
  • The 70% cost concentration range is tight ([155.23, 186.98], width ~$31.75).
  • The current price is at the very bottom of the 70% concentration band.
  • This suggests a high density of holders have their cost basis between $155 and $187.
  • A sustained break below $155 could trigger significant stop-loss selling from this concentrated group.
No chart data

Data is estimated based on turnover rate, high, low, open, and close prices. Profit ratios may vary significantly across different brokerage tools.