Top analyst predicts a new S&P 500 stock could double soon. Coinbase Global launched perpetual futures trading with up to 10x leverage and low fees. Despite this, COIN stock didn’t rally. Stock hit an all-time high before Trump signed the first major crypto-related law in the U.S.

Crypto analyst @ali_charts shared a chart indicating a bullish run for COIN stock with a “cup and handle” pattern. The stock’s price history suggests a potential breakout to hit a target range of $950-$1,550. COIN was trading at $426.95 at the time of writing.

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Read more at Yahoo Finance: Top analyst predicts new S&P 500 stock could soon double amid latest move