Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Coinbase Wrapped BTC is down -4.08% today against the US Dollar
- CBBTC/ETH increased by 2.60% today
- Coinbase Wrapped BTC is currently trading 27.15% below our prediction on Mar 03, 2025
- Coinbase Wrapped BTC dropped -14.78% in the last month and is up 47.20% since 1 year ago
Coinbase Wrapped BTC price | $ 84,586 |
Coinbase Wrapped BTC prediction | $ 116,106 (30.23%) |
Sentiment | Bearish |
Fear & Greed index | 21 (Extreme Fear) |
Key support levels | $ 85,701, $ 83,675, $ 80,056 |
Key resistance levels | $ 91,346, $ 94,964, $ 96,990 |
CBBTC price is expected to rise by 30.23% in the next 5 days according to our Coinbase Wrapped BTC price prediction
According to our Coinbase Wrapped BTC price prediction, CBBTC is expected to reach a price of $ 116,106 by Mar 03, 2025. This would represent a 30.23% price increase for CBBTC in the next 5 days.
CBBTC Price Prediction Chart
Buy/Sell Coinbase Wrapped BTC
What has been going on with Coinbase Wrapped BTC in the last 30 days
Coinbase Wrapped BTC has been displaying a negative trend recently, as the coin lost -14.78% in the last 30-days. The medium-term trend for Coinbase Wrapped BTC has been bearish, with CBBTC dropping by -12.07% in the last 3 months. The long-term picture for Coinbase Wrapped BTC has been positive, as CBBTC is currently displaying a 47.20% 1-year price change. On this day last year, CBBTC was trading at $ 57,463.
Coinbase Wrapped BTC reached its all-time high price on Jan 02, 2025, when the price of CBBTC peaked at $ 152,221. The current CBBTC cycle high is $ 84,586, while the cycle low is at $ 84,477. CBBTC has been displaying low volatility recently – the 1-month volatility of the coin is at 3.15. Coinbase Wrapped BTC recorded 11 green days in the last 30 days.
Coinbase Wrapped BTC technical analysis for today – Feb 26, 2025
The sentiment in the Coinbase Wrapped BTC markets is currently Bearish, and the Fear & Greed index is reading Extreme Fear. The most important support levels to watch are $ 85,701, $ 83,675 and $ 80,056, while $ 91,346, $ 94,964 and $ 96,990 are the key resistance levels.
Bearish sentiment for Coinbase Wrapped BTC
1 indicators are currently signaling a bullish prediction for Coinbase Wrapped BTC, while 18 indicators are showing a bearish forecast. With 95% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Coinbase Wrapped BTC.
Crypto market is currently experiencing Extreme Fear
Currently, the Fear & Greed index is at 21 (Extreme Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Coinbase Wrapped BTC moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Coinbase Wrapped BTC is positioned in the market right now.
Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
MA3 | $ 92,439 (SELL) | $ 97,060 (SELL) | – | – |
MA5 | $ 93,774 (SELL) | $ 97,352 (SELL) | – | – |
MA10 | $ 96,024 (SELL) | $ 97,192 (SELL) | – | – |
MA21 | $ 96,429 (SELL) | $ 97,033 (SELL) | – | – |
MA50 | $ 98,613 (SELL) | $ 95,216 (SELL) | – | – |
MA100 | $ 97,533 (SELL) | $ 90,198 (SELL) | – | – |
MA200 | – | – | – | – |
Period | Value | Action |
RSI (14) | 30.63 | NEUTRAL |
Stoch RSI (14) | 34.32 | NEUTRAL |
Stochastic Fast (14) | 0.00 | BUY |
Commodity Channel Index (20) | -66.67 | NEUTRAL |
Average Directional Index (14) | 23.95 | NEUTRAL |
Awesome Oscillator (5, 34) | -2,401.53 | NEUTRAL |
Momentum (10) | -5,115.76 | NEUTRAL |
MACD (12, 26) | -217.61 | NEUTRAL |
Williams Percent Range (14) | -100.00 | NEUTRAL |
Ultimate Oscillator (7, 14, 28) | 42.82 | NEUTRAL |
VWMA (10) | 96,221.82 | SELL |
Hull Moving Average (9) | 96,673.53 | SELL |
Ichimoku Cloud B/L (9, 26, 52, 26) | 97,164.08 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Coinbase Wrapped BTC is at 30.63, suggesting that CBBTC is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Coinbase Wrapped BTC over the last 50 days. Currently, Coinbase Wrapped BTC is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the CBBTC closing price for the last 200 days. CBBTC is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Coinbase Wrapped BTC prediction
After considering the above factors, we can conclude that the current forecast for Coinbase Wrapped BTC price prediction is Bearish. CBBTC would have to increase by 30.23% to hit our $ 116,106 target within the next five days. Moving forward, it will be important to monitor the CBBTC market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Coinbase Wrapped BTC price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/63939/coinbase-wrapped-btc-prediction-february-26-2025/