Coinbase Global, Inc. (COIN) Price Forecast Summary
Published: February 17, 2026
Key Points
- Signs of seller exhaustion emerge after COIN hits a two-year low.
- Bullish RSI divergence supports a potential short-term reversal.
- Weekly breakout reclaims a key long-term average.
- Prior support at $142.58 is now a critical retest zone.
- Overhead resistance is identified near $186 and $225.
Market Overview
Coinbase Global, Inc. (COIN) shares recently fell to a two-year low of $139.46 on February 12, 2026, breaking below the previous support level of $142.58 established in April 2025. This decline raises the possibility of seller exhaustion, as indicated by a bullish divergence in the Relative Strength Index (RSI), suggesting a potential shift from bearish to bullish momentum.
Technical Analysis
The daily chart for COIN shows bullish RSI divergence near the lower channel support zone, indicating a possible recovery. The price stabilized at the lower boundary of a falling trend channel, which adds context for a near-term rebound. A bullish hammer candlestick on the weekly chart, followed by a breakout above the previous week's high of $167.92, provides confirmation of this reversal.
Price Movement and Resistance Levels
COIN has experienced a significant decline of $305.28, or 68.66%, from its record high of $444.65 in July 2025. The recent weekly breakout also reclaimed the 200-week moving average at $169.34, strengthening the case for a potential recovery phase. The top of the falling channel is identified as a potential upside target, with immediate resistance around the falling 20-day average at $186.31 and a higher resistance zone at the 50-day average of $224.60.
Long-Term Outlook
On a larger time frame, COIN has broken below a long-term uptrend line connecting to the April 2025 low. A sustained bullish reversal could indicate the beginning of a pullback to this broken trendline as resistance. If this scenario unfolds, prior lows near $225.47 may be tested as resistance before any further advance is completed.
Conclusion
The analysis suggests that COIN is at a critical juncture, with signs of potential recovery following a significant decline. Traders should monitor the key support and resistance levels as the market reacts to these technical indicators.