COIN (NASDAQ:COIN) Records Massive Growth at $299.32 High Value

$COIN (NASDQ: COIN) Forecast: June 21

Today, the $COIN records massive wallet growth, registering a 16.32% increase in value as investors and analysts continue to show keen interest in the stock market. The rising user confidence and growing network activity in the share have remained stable over the past 24 hours. Therefore, if the coin holders could prove stronger and the price sustains above the $320.90 previous high point, its upward movement could extend further to reach the $349.75 upper resistance level and beyond, resulting in an intraday gain and a potential buy signal for coin holders amid renewed buying momentum.

Key Levels:
Resistance Levels: $298.00, $299.00, $300.00
Support Levels: $149.00, $148.00, $147.00

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

The $COIN market records massive growth as it establishes a solid base and shows promising signs of recovery over the crucial level, implying a significant upward trend in its higher time frame.
The share price above the supply levels recently is due to the increasing movement by bulls towards the $263.30 resistance in the previous action.

At press today, long traders swept the bearish momentum under the rug, by pushing the price of NASDAQ: STOCK to an intra-day high of $299.32 value above the supply levels on the daily chart, creating excitement among shareholders.

The wallet growth is not just a small increase. Thus, a further rise in buying pressure might lead the stock price to retest the previous high of $320.90, obtaining a higher footing to push higher.

Additionally, the $COIN price is pointing up on the daily signal, suggesting growing confidence. As a result, the shareholders may record massive growth of $349.75 in the coming days as buyers remain dominant in the network activity on its higher time frame.

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

The NASDAQ: COIN price recorded massive growth and gained attention despite a slight drop from the sell traders on the medium-term outlook.
The market price is above the moving averages, implying that buyers are currently gaining more strength in the stock investment.

The bullish impact on the share at a $289.39 supply level during the previous action has sustained its firmness above the supply levels lately.

Buyers initiate an aggressive move to a $299.32 resistance value above the EMA-50 as the 4-hourly chart resumes today with an intraday gain.

With sustained buying, the stock price may rechallenge the $302.40 supply strength and set the potential for further growth.

Additionally, the daily stochastic remains in an upward direction, implying that the bullish recovery pattern might continue. In light of this, the price of $COIN could reach the $349.75 upper resistance level soon in its medium-term outlook.

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