Coinbase Stock: Will It Bounce Back or Keep Sliding? 🤑💔

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Oh, Coinbase, you’re like that friend who shows up to a party with a six-pack but leaves with just the empty cans. 🍺 Your stock price is feeling the pressure this week, probably because the crypto market decided to take a nap. 😴

  • Coinbase stock has taken a 50% nosedive from its 2025 peak. 🚀 ➡️ 🪨
  • Wall Street’s big brains at Goldman Sachs and BofA are suddenly all 😍 over it.
  • But technical analysis is like, “Girl, sit down, you’re going lower.” 👇

So, Coinbase, the crypto prom queen of America, is down 50% from its 2025 high. It’s trading at $247 today, January 8, which gives it a market cap of $66 billion. That’s still a lot of avocado toast, but let’s not get ahead of ourselves. 🥑

Wall Street analysts are suddenly acting like they’ve discovered a hidden gem, calling it a “cheap” stock that might rebound. Sure, Jan. 💅 Jason Kupferberg from BofA is like, “Buy it, it’s going to $340!” Meanwhile, James Yaro from Goldman Sachs is all, “$303, baby!” These guys are throwing numbers around like confetti at a bad wedding. 🎉

Other banks are jumping on the hype train too-Needham, Cantor Fitzgerald, Citigroup-they’re all boosting their targets. The consensus? $376. That’s a 52% jump from where it is now. But let’s be real, analysts are like weather forecasts: mostly wrong but occasionally right. 🌦️

They’re all like, “Oh, Coinbase has market share! And they launched stuff! Like a predictions market with Kalshi and a stock trading platform!” Cool, but can it pay my rent? 🏠 Also, their Base Blockchain is apparently the Beyoncé of layer-2 networks, handling millions daily. They’re even planning a $BASE token. Queen behavior. 👑

Valuation-wise, Coinbase is looking spicier than a TikTok dance challenge. Forward P/E ratio is 32, down from its five-year average of 42. PEG ratio? 0.20. The sector median is 0.54. So, yeah, it’s on sale. But is it a clearance rack find or just last season’s fashion? 🛍️

Of course, there’s the elephant in the room: competition. SoFi, Charles Schwab, Vanguard-they’re all like, “Step aside, Coinbase, we’re here.” And let’s not forget the crypto market crash, which is still throwing shade. 💎✋

Coinbase Stock Price Technical Analysis 📉

The chart looks like a rollercoaster that forgot to go back up. From $444.10 in July to $250 now. Ouch. It’s below the key support level of $292, and it’s formed a death cross. That’s not a metal band, it’s when the 50-day and 200-day EMAs cross, and it’s bad news. 🤘

Supertrend indicator? Also saying, “Keep falling, honey.” So, the stock might hit $225, its December low. Fun times. 🎢

Coinbase closed Friday at $240.78, down 1.96%. But hey, at least it’s not zero, right? 🤷‍♀️

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2026-01-10 00:37