Brian Armstrong long-term outlook contrasts with subdued Coinbase momentum

Traders Union
All News
Financial News
Coinbase Slides 0.85% Today

Highlights

COIN is trading well below major moving averages, signaling sustained bearish pressure across all timeframes.
Technical indicators show weak momentum and oversold oscillators, suggesting near-term seller exhaustion but no clear reversal yet.
Price is expected to remain range-bound between $134.00 and $155.00 this week, with an 80% probability of further declines.

Executive growth vision met with investor focus on selling and resistance

Brian Armstrong highlighted Coinbase’s evolution from a simple Bitcoin onramp to a full financial ecosystem, underscoring long-term product expansion which can drive adoption and broaden revenue streams. However, despite Armstrong’s positive vision for the platform’s future, the market is currently weighing persistent technical weakness and resistance more heavily, as ongoing sell pressure outweighs executive optimism. In recent months, Coinbase finalized its $2.9 billion acquisition of Deribit, gained inclusion in the S&P 500, and received conditional approval for a national bank trust charter, all pointing to notable corporate progress. The company also reported a substantial increase in institutional transaction revenue and continues to diversify its offerings through zero-commission stock trading and stablecoin services.

Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Negative trend prevails as resistance holds and bearish signals persist

COIN remains below its MA-20 ($162.41), MA-50 ($182.65), and MA-200 ($234.30), reinforcing a negative trend across all timeframes. The nearest resistance is at the Ichimoku Kijun ($168.56), with no major support above the current price. Momentum is bearish; RSI (38.51) and oscillators show sellers are in control, though some indicators hint at short-term exhaustion. The 5-day forecast range stands at $134.00 to $155.00, but the tweet’s positive fundamental tone is not confirmed by price action, adding caution to the outlook.

Earlier, analysts noted that despite Coinbase’s efforts to expand its ecosystem and secure regulatory wins, the stock faced limited upward momentum due to ongoing technical and market headwinds. The current analysis adds a new dimension by monitoring shifts in market sentiment and urges traders to watch for signs of renewed buying interest as a signal of potential trend reversal.

Source of Data: COIN Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.