Base: Coinbase Onchain Migration Targets Brokerages
Base expands onchain services post-Coinbase move, ETH trades at $1571.31 with bearish EMA structure on 4h chart.
SourceAnalysis
Base founder Jesse Pollak confirmed the layer-2 helped Coinbase complete its onchain migration and now offers the same service to any centralized exchange, neobank or brokerage.
Price action on ETH shows a bearish trend with the asset trading below both EMA50 at $1612.18 and EMA200 at $1770.4. Despite the MACD golden cross at -7.07, momentum remains neutral per RSI at 44.26. With price testing upper Bollinger resistance at $1613.91 while inside the bands between $1551.78 support, a healthy retracement to the 50-EMA support seems probable before further continuation. This development builds on Coinbase Base L2 Ethereum launch history and Jesse Pollak Base onchain migration for exchanges, directly shaping ETH price prediction models.
jesse.base.eth
@jessepollakBase Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.