Circle Internet Group 
CRCL has been beaten up pretty well over the past two months after the stablecoin firm hit a $140 2026 high in mid-May. Shares have given back some 55% since then. Let's see what Circle's chart and fundamentals say about whether the stock came mount a comeback.
Circle's Fundamental Analysis
For those who wondered but were afraid to ask, Circle is a financial-technology company that builds infrastructure for digital currencies, stablecoins and blockchain-based applications.
Circle is primarily known for having issued two stablecoins -- the U.S. dollar-backed
USDC USDC and the Euro-backed 
EURC . (CRCL also offers a tokenized money-market fund known as "USYC.")
The firm primarily operates a business-to-business enterprise, with no real contact with the consumer.
Wall Street expects Circle to release Q2 results on or about Aug. 10, with the Street looking for $0.17 of GAAP earnings per share on about $721 million of revenue.
Such a top-line result would only represent about 10% year-over-year growth, but that kind of bottom-line print would compare very well to the $4.48-per-share loss that Circle saw a year ago.
Still, a lot of analysts appear to be unsure of what to expect from the upcoming results.
Only one of the 15 sell-side analysts that I know to cover this stock has increased his earnings estimate for the period since it began, while six have cut their estimates. (Eight haven't adjusted anything in months.) All of that is a little odd.
Circle's Technical Analysis
Now let's check out Circle's year-to-date chart running through Wednesday afternoon (July 15):
Readers will see that from early March into early June, CRCL developed and completed a double-top pattern of bearish reversal, shaded in pink in the chart above.
This pattern worked to textbook-like perfection, with its $84 downside pivot (the stock's early April low) ultimately leading to Circle falling to a $59.29 2026 low on July 14.
In doing so, CRCL surrendered three key levels. The stock lost its 50-day Simple Moving Average (or "SMA," marked with a blue line), its 200-day SMA (the red line) and its 21-day Exponential Moving Average (or "EMA," denoted by a green line).
That might have turned both professional managers and swing traders against the stock. Then again, the 21-day line acted as resistance as recently as July 10, indicating that maybe the swing crowd isn't yet quite ready to change sides.
And while Circle's Relative Strength Index (the gray line marked "RSI" at the chart's top) has been weak, at least it's off of its lows.
The stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and gold line at the chart's bottom) is looking more bullish as well.
For instance, the histogram of the 9-day EMA (the blue bars) has gone positive. That's a short-term bullish signal.
Meanwhile, the 12-day EMA (the black line) has crossed above the 26-day EMA (the gold line). That's often one of the first signals of a changed environment, although both lines are still running in negative territory. That does mute this signal to some degree.
No promises, but these technicals say there's definitely a chance that CRCL has bottomed out -- or has at least begun the process of building a bottom.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in CRCL at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform.
CRCL has been beaten up pretty well over the past two months after the stablecoin firm hit a $140 2026 high in mid-May. Shares have given back some 55% since then. Let's see what Circle's chart and fundamentals say about whether the stock came mount a comeback.Circle's Fundamental Analysis
For those who wondered but were afraid to ask, Circle is a financial-technology company that builds infrastructure for digital currencies, stablecoins and blockchain-based applications.
Circle is primarily known for having issued two stablecoins -- the U.S. dollar-backed
USDC USDC and the Euro-backed EURC . (CRCL also offers a tokenized money-market fund known as "USYC.")The firm primarily operates a business-to-business enterprise, with no real contact with the consumer.
Wall Street expects Circle to release Q2 results on or about Aug. 10, with the Street looking for $0.17 of GAAP earnings per share on about $721 million of revenue.
Such a top-line result would only represent about 10% year-over-year growth, but that kind of bottom-line print would compare very well to the $4.48-per-share loss that Circle saw a year ago.
Still, a lot of analysts appear to be unsure of what to expect from the upcoming results.
Only one of the 15 sell-side analysts that I know to cover this stock has increased his earnings estimate for the period since it began, while six have cut their estimates. (Eight haven't adjusted anything in months.) All of that is a little odd.
Circle's Technical Analysis
Now let's check out Circle's year-to-date chart running through Wednesday afternoon (July 15):
Readers will see that from early March into early June, CRCL developed and completed a double-top pattern of bearish reversal, shaded in pink in the chart above.
This pattern worked to textbook-like perfection, with its $84 downside pivot (the stock's early April low) ultimately leading to Circle falling to a $59.29 2026 low on July 14.
In doing so, CRCL surrendered three key levels. The stock lost its 50-day Simple Moving Average (or "SMA," marked with a blue line), its 200-day SMA (the red line) and its 21-day Exponential Moving Average (or "EMA," denoted by a green line).
That might have turned both professional managers and swing traders against the stock. Then again, the 21-day line acted as resistance as recently as July 10, indicating that maybe the swing crowd isn't yet quite ready to change sides.
And while Circle's Relative Strength Index (the gray line marked "RSI" at the chart's top) has been weak, at least it's off of its lows.
The stock's daily Moving Average Convergence Divergence indicator (or "MACD," denoted by blue bars, a black line and gold line at the chart's bottom) is looking more bullish as well.
For instance, the histogram of the 9-day EMA (the blue bars) has gone positive. That's a short-term bullish signal.
Meanwhile, the 12-day EMA (the black line) has crossed above the 26-day EMA (the gold line). That's often one of the first signals of a changed environment, although both lines are still running in negative territory. That does mute this signal to some degree.
No promises, but these technicals say there's definitely a chance that CRCL has bottomed out -- or has at least begun the process of building a bottom.
(Moomoo Technologies Inc. Markets Commentator Stephen "Sarge" Guilfoyle had no position in CRCL at the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform.
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.