As a Senior Technical Analyst on Wall Street, I will analyze Coinbase Global (COIN) with a focus on its Dividend History & Payout Forecast. The current real-time price of COIN is $269.73.
Coinbase Global (COIN) is a leading cryptocurrency exchange platform that went public in April 2021. Despite the volatility in the crypto market, COIN has shown resilience and potential for long-term growth. In this analysis, we will delve into the dividend history of COIN and forecast its future payouts.
At the current price of $269.73, COIN is trading near key support levels. The stock has shown strong resistance at $275 and support at $265. If COIN breaks above $275, it could signal a bullish trend with potential upside targets. On the other hand, a break below $265 could indicate a bearish trend with downside targets.
| Year | Price Target |
|---|---|
| 2025 | $350 |
| 2026 | $400 |
| 2027 | $450 |
Based on the technical analysis and price targets, I would recommend a buy rating for COIN. With the potential for growth in the cryptocurrency market and a positive outlook for COIN's dividend payouts, investors may benefit from holding this stock for the long term.