Crypto Stock Forecast: MSTR, CRCL, COIN Slide Ahead of Earnings

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TLDRMSTR, CRCL, and COIN traded softly during early pre-market activity.Strategy shares remained range-bound between the $95 support and $100 resistance levels.Strategy and Coinbase will release earnings on Thursday, which may guide their next price moves.Investors continue to assess Strategy’s debt-funded Bitcoin buying approach.Circle shares held near $60 support, while resistance remained close to $73.Crypto stocks traded lower in pre-market activity as investors waited for earnings updates. Strategy and Coinbase will report results on Thursday, while Circle will release earnings on August 5. The three shares remain close to key technical levels after sideways trading.MSTR Shares Hold Between $95 and $100MSTR shares continued to move between support near $95 and resistance around $100. The stock lacked a clear catalyst before Thursday’s earnings report, which may shape the next move. Traders also remain focused on the company’s use of borrowed funds to expand its Bitcoin holdings.Source: TradingViewThe market has shown less confidence in that strategy. Investors may review debt levels, Bitcoin purchases, and future funding plans during the earnings call. Until then, MSTR may remain inside its range as buyers and sellers wait for clearer guidance.CRCL Trades Sideways Ahead of August EarningsCircle shares also pointed lower before the opening bell. The stock recently filled a price gap linked to its late-February earnings release. Since then, CRCL has stayed within a narrow range, with support forming near $60.Resistance remains close to $73. A break above that level could improve short-term momentum, while a move below $60 may weaken the current range. Circle’s August 5 earnings report may provide the next clear direction for the stock.Source: TradingViewCOIN Stock Consolidates Below Its 50-Day EMACoinbase shares also traded softly ahead of Thursday’s earnings release. The stock remains below its 50-day exponential moving average, which may act as near-term resistance. Buyers have supported recent pullbacks, but COIN has not established a strong trend.Source: TradingViewThe earnings report may guide trading across crypto stocks, especially if Coinbase provides updated revenue, volume, and outlook figures. For now, the stock may continue to trade sideways as investors adjust positions before the results. MSTR, CRCL, and COIN all remain sensitive to earnings, Bitcoin prices, and wider market sentiment.The post Crypto Stock Forecast: MSTR, CRCL, COIN Slide Ahead of Earnings appeared first on Blockonomi.