4 Coinbase Execs. Have Dumped $1.2B Worth of COIN Since its Public Listing

However, COIN’s daily MACD, MFI, and RSI hint at an oversold scenario that could assist in the stock moving towards the 50-day moving average and possibly retesting the $100 mark. But caution is advised going long on COIN given that the US Fed plans to initiate Quantitative Tightening beginning June 1st, which is next week.

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