Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
$COIN staying hot Already a +22% move in the size call buy
$COIN staying strong at highs above 260 after the early day call buyers.. one of the strongest charts in market and likely going to 300 if Bitcoin breaks out as it should
$COIN Monster day as we approach local highs... https://t.co/CoZBUPM9sq
Coinbase Global Inc. ($COIN) experienced a significant surge, with shares moving up by 22%. The stock is trading above $260, driven by substantial call buying activity. A notable $10 million call seller aimed to collect the premium on these contracts. Technical indicators such as MACD nearing a bull cross and RSI triggering have also contributed to the bullish outlook. Analysts suggest that if Bitcoin breaks out, Coinbase's stock could potentially reach $300 by July 12th.