COIN (NASDAQ:COIN) Price Anticipates a Bullish Reversal

$COIN (NASDAQ: COIN) Forecast: January 28

The market price of Coinbase Global (NASDAQ: COIN) could turn positive. The share anticipates a bullish reversal as the current selling pressure may subside soon, and the price could be ready for an upward movement. Stock buyers may be able to overcome the $392.16 neckline hurdle and maintain stability to the upside with the help of this reversal pattern. Therefore, if the bulls increase the buying momentum, the stock price may reverse to the bullish pattern and its upward movements may reach an upper resistance level of $405.88, providing a significant accumulation zone for buyers.

Key Levels:
Resistance Levels: $390.00, $391.00, $392.00
Support Levels:    $220.00, $219.00, $218.00

COIN Long-term Trend: Bearish (Daily Chart)

The NASDAQ:COIN market has a gloomy long-term outlook and is poised for an upward reversal.
A downward trend and the significant influence of sellers in the market are indicated by the price being below the moving average line.

The sustained bearish pressure at the $215.72 support in the previous session has contributed to the share’s bearishness in its recent low.

The $COIN price dropped even further today, reaching a low of $207.77 below the supply level due to sellers’ action.

Meanwhile, buyers could use this opportunity to purchase the stock at a discount and make a bigger profit later.

However, if a renewed surge in buyers’ interest occurs, the stock price may rebound at the mentioned support to retest the prior high of $391.16, providing stock buyers with great recovery potential.

Notably, the NASDAQ stock anticipates a bullish reversal, and additional jumps are ahead as suggested by the daily signal, pointing up at the oversold region, indicating that selling pressure may subside.

In light of this, the bulls may likely drive the stock price to an upper resistance level of $405.88 in the days ahead.

COIN Medium-term Trend: Bearish (4H Chart)

According to the chart below, the $COIN market portrays a bearish market trend in its medium-term outlook. The share is trading below the EMA.

Bullish Reversal Is Imminent

With a 1.24% decline, $COIN is currently trading at $210.83, continuing its downward trend.

 

$COIN continues its downward spiral, now trading at $210.83, reflecting a 1.24% drop.

The crypto giant is down nearly 50% from its peak, battered by Bitcoin’s slump.
Can… pic.twitter.com/NH2WU21Fgh

— QuantScraper (@QuantScraper) January 27, 2026

However, the current trend will soon be nullified as the market buying pressure has reached a bearish exhaustion.

Before yesterday’s session ended, the sell traders moved the price to the $213.15 support level. This strengthened sellers’ ability to maintain the trend at its most recent low.

The price of NASDAQ:COIN at the $207.78 low value below the moving average as the 4-hourly chart opens today is as a result of low bullish momentum.

Therefore, if the bulls put more effort into their activities, the stock price may rebound at the mentioned support to the peak resistance of $370.26, establishing a potential uptrend.

Additionally, the daily projector signifies an uptrend at the oversold region. This, however, suggests a high possibility for a bullish reversal.

In this case, a significant level above $405.88 supply might be the target in the days ahead.

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