Coinbase Shares Hit Resistance Ahead of Earnings Print
Coinbase (COIN) shares are trading at $194.39, up 3.46% over the past 24 hours. However, this surge ran out of steam when it reached the $197-$201 resistance band.
A recent report from Wall Street's institutional desks has set a price target of $205 for COIN, with Baird and Wells Fargo both setting neutral flags at $200-$205.
The next earnings print is scheduled for October 29, 2026, and Coinbase's beta of 3.39 will amplify every move around that event.
A technical analysis of the chart shows a clean bullish signal, with COIN trading above its moving averages and momentum indicators showing hesitation rather than momentum.