Coinbase (NASDAQ: $COIN) Poised To Continue Its Bullish Trend

Coinbase Global A is in a rising trend channel in the medium long term. Rising trends indicate that C experiences positive development and that buy interest among investors is increasing. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately $110 dollar.

This indicates increasing optimism among investors. The stock has strong positive momentum in the short term. Investors have steadily paid more to buy the stock, which indicates increasing optimism and that the price will continue to rise.