Since Coinbase share price dipped from the all-time high at $430 which was reached in the month of its IPO, each time the bulls make efforts to rally the price, the bears counteract it. All monthly candlesticks since its IPO have closed below the IPO price.
There was a bounce from the all-time low at $39.25 in May 2021. The current price of $COIN is at $66.21. The second half of the year has been characterized by a range. Price has been ranging between $46 and $116.72, with $116.72 being the current resistance level on the monthly time frame. We might be seeing price reach $100 before the end of the year as Google sets to partner with Coinbase.
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