Coinbase Stock Price Prediction: Healthy Retracement Sets $COIN Price to Surpass $200

Coinbase Stock Price Prediction: Amid broader market trends, the S&P 500 index saw a 0.37% drop Wednesday morning ahead of the Federal Reserve’s policy meeting minutes, accompanied by similar declines in the Dow Jones Industrial Average (-0.74%) and Nasdaq Composite (-0.95%). In this context, the Coinbase (COIN) share price continued its correction phase, currently trading at $153. Yet this movement towards crucial support suggests a potential for buyer intervention, possibly signaling a turnaround and resumption of the stock’s recovery.