COIN (NASDAQ:COIN) Price Hits an All time-High of $408.68

$COIN (NASDQ: COIN) Forecast: July 19

Amidst soaring network activity today, the $COIN price has reached an all-time high of $408.68. This has generated significant interest among investors. The stock price is in an ascending channel, producing greater highs and higher lows toward the upper resistance level. This pattern suggests the share could achieve its $450.00 mark if the bullish trend continues. The recent price spike may lead to a swing toward the anticipated $450.00 target, boosting investor trust and raising hopes for more gains.

Key Levels:
Resistance Levels: $406.00, $407.00, $408.00
Support Levels: $147.00, $146.00, $145.00

$COIN Long-term Trend: Bullish (Daily Chart)

The NASDAQ:COIN market indicates an upward trend as it hits an all-time high of $408.68 experiencing a notable price surge in its long-term perspective.

The share is trading at its peak value above the EMA-50, implying a high bullish trend. However, the market is presently facing overhead resistance at the recent high.

The price of $COIN hits an all-time high of $408.68 above the resistance level, shortly after the daily session began today, indicating increasing buying activity at the time of writing.

Therefore, if buyers could increase their tension in the market, the stock price would surge above the current supply, indicating growing confidence in the asset across different investor categories.

In the meantime, additional gains are anticipated, since the price signal is upward, indicating the possibility of a bullish continuation pattern. In the long run, the price may soon hit an all-time high of $450.00.

$COIN Medium-term Trend: Bullish (4H Chart)

The price of NASDAQ stock has experienced a noteworthy surge, reaching an all-time high of $408.68, which has alerted analysts and investors to the medium-term prospects of the share market.
The stock price was able to hold above the supply levels in its recent high due to the sustained bullish pressure at the $404.40 high value during the last session.

Shortly after the start of the 4-hourly chart today, the bulls are avoiding a decline, as the $COIN bullish continuation pattern hit an all-time high of $408.68 above the supply levels.

The trade will therefore be more on the buying side if the 4-hourly session closes above the mentioned supply point, influencing future price movement in the stock market.

Notably, the NASDAQ: COIN’s upward trend on the daily stochastic indicates that the price may soon rebound to its all-time target of $450.00 in the medium term and that a bullish continuation is achievable.

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