Coin stock closes 9.69% lower despite a positive 15-minute MACD histogram
Photo: The Cryptonomist
Coin stock ( COIN ) faces a bearish daily setup, with the close below all three exponential averages and near the lower Bollinger band. The hourly chart supports that bias. However, a positive 15-minute MACD histogram creates a short-term conflict, not a bullish daily signal. Key takeaways COIN closed Thursday at $136.82 , down 9.69% from the November 4 close of $151.50. Daily RSI14 is 34.23, below the neutral 50 level and above the oversold threshold of 30. Daily MACD line is -9.87, below its signal line at -7.22; the histogram is -2.65 .
Source: The Cryptonomist
