Wall Street

Coinbase Stock Chart: There’s One Bit of Good News

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The Street

By Bret Kenwell Coinbase stock has been crushed, but the chart finds a hint of optimism. Here are the levels to know now. The story in crypto has been decisively bearish in 2022, although that’s not unusual given the state of the stock market. The Nasdaq has now suffered a larger peak-to-trough decline than it did during the covid-19 selloff in Q1 2020, while bitcoin is hitting multi-year lows and suffering through one of its largest declines. While bitcoin continues to break down (and is potentially coming into a major support zone), Coinbase (COIN) – Get Coinbase Global Inc Report has one po…

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