Coinbase is rising today: what traders are watching

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Coinbase Surges 5.26% Today to $323

Highlights

Coinbase reported Q3 2025 revenue of $1.87–$1.9 billion and earnings per share of $1.44, driven by growth in trading activity and subscriptions.
Coinbase completed the acquisition of Deribit in August 2025, significantly expanding its presence in the crypto options market.
Coinbase's application for a national trust bank charter remains under ongoing regulatory review amid continued industry opposition.

Trading expansion and earnings boost sentiment amid regulatory scrutiny

Coinbase reported strong Q3 2025 earnings, generating $1.87–$1.9 billion in revenue and $1.44 earnings per share, with growth in trading activity and subscriptions. The company completed the acquisition of Deribit in August 2025, expanding its presence in the crypto options market. Ongoing regulatory review continues regarding Coinbase’s application for a national trust bank charter amid industry opposition.

Anton Kharitonov, expert at Traders Union, believes Coinbase’s current price action signals elevated risk. The stock remains below key moving averages, with lackluster technical momentum and prevailing seller dominance. Despite strong headline earnings, he views persistent regulatory headwinds and weak ADX as evidence that optimism is overstated. Kharitonov highlights downside risk if $282.56 fails to hold and doubts breakout potential given the low probability of further upside. He concludes, "Until regulatory clarity improves and momentum indicators recover, I see more downside than upside in COIN."

Viktoras Karapetjanc, expert at Traders Union, points to robust Q3 financials and the Deribit acquisition as evidence of Coinbase’s strengthening fundamentals. He sees the ongoing regulatory process as a catalyst that could unlock new market segments and drive future adoption. For Karapetjanc, strong earnings and expanding services keep the bullish structure intact, despite recent technical hesitation. He expects further growth if key resistances are challenged. He states, "Coinbase’s market leadership and expansion initiatives offer multiple setups for continued upside in the coming quarters."

Parshwa Turakhiya, analyst, sees short-term sentiment mixed but notes oversold technical conditions and a recent gain toward session highs. The bounce hints at potential for quick reversal trades, especially as volatility rises within the session. Turakhiya observes that key support and resistance levels define the near-term playbook with limited directional conviction. He remarks, "I’m watching for mean reversion plays around $310.97 — $320.20, as momentum could quickly shift on renewed inflows or sentiment swings."

Session gains contrast with weak momentum as resistance limits reversal risk

According to the Ichimoku indicator, the nearest dynamic resistance is at $354.32, while the MA-200 acts as the pivotal support level. Momentum on the daily chart is weak, with the MACD signaling ongoing downside and a low ADX (10.33) confirming a lack of directional conviction. Oscillators—RSI (39.52), Stoch RSI, CCI, and BBP—suggest oversold conditions, indicating that sellers have dominated recent sessions, although some short-term reversal risk may be building. There is moderate intraday volatility, with a gap up at the open and the price trading near the upper end of today's range ($310.97 — $320.20). The daily performance shows a gain of $16.16 (up 5.26%) and displays strength toward the session highs, yet this is at odds with the broader negative signals from most momentum and trend indicators, highlighting a divergence between short-term bullishness and medium-term caution.

Previously it was noted that Coinbase delivered strong third-quarter earnings and expanded its Web3 ecosystem with several acquisitions. In connection with this, Coinbase reported strong third-quarter 2025 earnings driven by growth in both consumer and institutional activity.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.