Coinbase shares made the ceiling: the "vertical rise" warning came when the analysts were divided into two
Coinbase (CoIN) has reached the highest closing price since the day it was traded in Nasdaq. Some analysts argue that the rise will continue, while others warn excessive valuation.
Crypto exchange Coinbase Global Inc. (CoIN) shares on Thursday with the session of $ 369.21, and saw the highest closing price of all time. The shares, which completed the day with an increase of 3.89 %, experienced an gaining approximately 40 %value throughout the month.
Real Vision CEO Raoul Pal evaluated this rise in his share with the words “Going Vertical Now” (vertical rising) and added: “There is a crypto next. The liquidity faucet is open to the end.”
📊 Historical Summit Updated
Coinbase shares reached a new summit, leaving behind the $ 357.39 -dollar closing record, which he had previously reached in November 2021. This rise arrived only a month after the company was included in the S&P 500 index. Coinbase was the first crypto company to enter the S&P 500 on May 19, 2025.
On the other hand, the shares were the best performance shares of the S&P 500 on Tuesday, June 25 and gained 12.10 %that day.
🧾 Regulatory support effect
One of the biggest factors behind the ascension was the Genius Act Draft Law on 17 June in the US House of Representatives. This bill aims to clarify the stablecoin regulations.
In 2018, Coinbase launched the USDC Stablecoin with Circle and started to earn significant revenue from this project. The company currently receives 50 %of USDC revenues.
🧠 Analysts were divided into two: continued or correction?
Investment Advisor Andy Heilman said that weekly graphics are very positive, but a short -term correction is “probable ::
“The weekly view is very strong, but the correction may be at the door.
The crypto analyst Cantone Cat said that the Bollinger band indicator has expanded and “drawing a structure that wants to go up now”. However, another analyst Chad approached the same data differently:
“The price is far above the upper limit of the Bollinger Band. It may be time for cooling.”
💬 Early investors: “I returned to zero point after four years”
Coinbase shares started to be traded for the first time in Nasdaq on April 14, 2021 at $ 381, and the first day was 14 %and closed for $ 328.28. Many investors who have been holding since then say that they have returned to the level for the first time with this record.
📌 Latest evaluation
Coinbase, with the effect of corporate investors and regulatory clarity captures a historical output, technical indicators point to overheated structure. Although the shares exhibit a vertical movement, the probability of correction in high volatility and short term should not be ignored.
