Coinbase Flashes Golden Cross: Technical Indicators Align In Crypto Bulls’ Favor

Coinbase Global Inc. (NASDAQ:COIN) has been riding a wave of bullish momentum, and the charts just delivered a major technical milestone: a golden cross.

The stock soared 143.3% over the past year, 31.41% in the past six months, and 41.57% in the last month. Whether this rally has more juice left in the tank remains to be seen.

COIN’s Golden Cross: A Perfect Setup For Bulls

The technical indicators are aligning in Coinbase’s favor.

Chart created using Benzinga Pro

The stock price, at $311.99, is comfortably above its key simple moving averages (SMAs), painting a picture of robust …

Full story available on Benzinga.com