Technical analysis by MarketIntel about Symbol COINX on 8/18/2025

Coinbase has recently experienced a brief uptick but has since resumed its expected downward trajectory. Magenta wave [ii] still has some room to push lower in the near term, but it should remain above the support level at $138.45 to allow the upward impulse to eventually break through resistance at $444.65. However, if price falls below $138.45, we will anticipate a new low for turquoise wave alt. 2 , which would delay the expected gains (probability: 33%).