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Why Coinbase Stock Could Be Headed For A Big Reversal, And How To Trade The Break

Summary

Coinbase Global, Inc (NASDAQ: COIN) popped up 7% higher on Monday. The crypto trading platform has been trading under a descending trendline in a steep downtrend since March 30, plunging over 40% since that date to Monday’s all-time low at the $111.80 level.

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Article published on May 2, 2022 by benzinga