Coinbase stock remains in a technical bear market (a fancy way of saying it’s been trampled by a herd of confused pandas) after falling by over 20% from the year-to-date high. Will this change after its earnings on Oct. 30? 🤷♂️
//media.crypto.news/2025/10/Coinbase-stock.webp”/>
The daily timeframe chart shows that the Coinbase stock price formed a down-gap in July after publishing a weak financial report (because even charts have days when they feel sad). 📉
It has spent the last three months attempting to fill that gap. Along the way, it has formed a rising broadening wedge pattern, which is commonly known as a megaphone (because nothing says “hope” like a megaphone). 📢
Coinbase remains above the 100-day Exponential Moving Average and the 38.2% Fibonacci Retracement level (because it’s clinging to hope like a toddler to a balloon). 🎈
It is also slightly above the bottom of the trading range of the Murrey Math Lines tool (because even math can’t save you from despair). 🧮
Therefore, there is a likelihood that the Coinbase share price will bounce back after earnings, and possibly hit the major S /R pivot point of the Murrey Math Lines (or it might just crash into a wall of skepticism). 🛑
Read More
- EUR USD PREDICTION
- GBP CNY PREDICTION
- NEXO PREDICTION. NEXO cryptocurrency
- 🚀 NEAR Protocol Soars 8.2% While Others Stumble – CoinDesk 20 Chaos! 💸
- SEC’s Peirce Champions Crypto Privacy as Tornado Cash Trial Heats Up 🚒💼
- CNY JPY PREDICTION
- STX PREDICTION. STX cryptocurrency
- BTC PREDICTION. BTC cryptocurrency
- ENA Price Jumps 18% as December Breakout Setup Strengthens: Can It Hit $0.65 Next?
- USD JPY PREDICTION
2025-10-29 20:18