Coinbase Global’s Nasdaq-listed shares were cut to Underweight by Morgan Stanley on November 2, 2026, while Keefe, Bruyette & Woods and Canaccord Genuity also trimmed their price targets on Novembe...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

The supplied Binance Futures data show COIN at $145.72, up 6.00% over 24 hours and trading within a range of $137.33 to $150.73. That leaves price just above the 7-day SMA of $145.74 and above the pivot point at $144.59, but still below the 20-day SMA of $159.93, the 50-day SMA of $176.22 and the 200-day SMA of $173.89. Based on those reported levels, the short-term tone is firmer than the intermediate and longer-term trend.

The same data also place COIN close to the lower end of its recent volatility band. The lower Bollinger Band is $136.71, the middle band is $159.93, and %B is 0.1940, which indicates price is still near the lower part of the recent range rather than back near the center of that range. The daily ATR(14) of $7.82 also points to a fairly wide daily move relative to the current quote.

The momentum indicators do not yet show a clean trend reversal. 0000. 57. Taken together, those readings suggest the move higher has not yet been backed by a stronger momentum turn in the supplied data.

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