Compound Cryptocurrency (COMP) is one of the most important coins, which has a high historical price of $ 811.00 in May 2021 then went into the grand bearish as most Cryptocurrencies did & fell to the low price of $ 23.27 in June 2023

The coin (COMP) is trading now in the area of $ 69.10

(COMP) needs more volume to flay high

As we see when the market starts going uptrend, the volume will make the difference.

At the same time >> (very risky) is not advisable for beginners.

So let’s update the support & resistance areas that we will mention below & never hesitate to place a stop loss, as breaking these areas leads to other down areas

As Shown

The Chart Below

 Prediction:

Target: to exceed the area of 71.00 & fly over the area of $ 124.00 with a volume.

Compound Cryptocurrency (COMP), if the price of $ 56.00 is broken, it may reach lower levels

Support & Resistance:

Support: $ 56.00 - $ 51.00 - $ 44.00

Resistance: $ 71.00 - $ 97.00 - $ 124.00

Finally, remember to Trade wisely as we advise buyers & traders to follow the nearest support areas.

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.