CRCL and COIN Stock Prediction Ahead of ISM PMI and JOLTS Jobs Data

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CRCL traded near $95.34, gaining 9.41%, while COIN reached $189.02 after rising 5.81%. CRCL quote COIN quote

Bitcoin price held near $79,000, helping crypto-linked equities withstand renewed concerns about higher interest rates.

ISM PMI and JOLTS Could Trigger Volatility

Both reports arrive Tuesday, September 1, at 10:00 a.m. Eastern Time. ISM schedule BLS schedule

ISM will publish August manufacturing data, while BLS will release July job openings.

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July’s manufacturing PMI rose to 55.6 from 53.3, marking seven consecutive months of expansion.

The report’s prices index remained elevated at 71.1, keeping inflation concerns relevant. ISM report.

June job openings eased to 7.359 million from May’s revised 7.537 million. 

Markets assign around a 60% probability to a September rate increase following Kevin Warsh’s hawkish comments.

A stronger PMI and resilient vacancies could lift Treasury yields and strengthen the dollar.

That combination typically pressures Bitcoin and high-beta crypto equities, particularly COIN.

However, softer figures could reduce tightening expectations and support further upside.

Extremely weak readings may instead revive growth concerns, creating a less predictable response.

CRCL and COIN Stock Prediction: Key Levels To Watch

Circle Internet Group climbed 9.73% to $95.62 after recovering from an early decline below its previous close. CRCL rallied to the $90 level and $92.50 before making its way toward a resistance level of $96.60 in afternoon trading.

CRCL and COIN Stock Prediction Ahead of ISM PMI and JOLTS Jobs DataCRCL and COIN Stock Prediction Ahead of ISM PMI and JOLTS Jobs Data
CRCL stock

If $96.60 is broken above, the recovery structure on the short-term time frame could be reinforced with $100 and $102.50 in targets. However, a pullback below $92.50 may expose $90, followed by stronger support near $87.14.

Coinbase shares gained 4.90% to $187.40 after reversing sharply from an intraday low near $177.50. COIN reclaimed $180, crossed $182.50, and accelerated above $185 as trading momentum improved.

The initial upside resistance is set at $190, with further gains to $192.50 and $195 potential if the trend persists. If $195 gets broken, $200 may become a possibility, but this may slow down the ascent in profit-taking.

CRCL and COIN Stock Prediction Ahead of ISM PMI and JOLTS Jobs DataCRCL and COIN Stock Prediction Ahead of ISM PMI and JOLTS Jobs Data
COIN stock

On the downside, $185 provides initial support before $182.50 and $180. Both stocks have bullish intraday charts with their individual support levels above them.

The next breakout could be affected by the macroeconomic numbers and cryptocurrency sentiment.



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