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Compound (COMP) Price Prediction

10 hours ago by Anna Key

This article discusses the current COMP price and the COMP price predictions provided by reliable sources. Can COMP reach a new all-time high in the future? What does the COMP coin technical analysis indicate? Why is it important? What will the COMP price look like in 2021-2025? Is the COMP coin a good investment right now? Let’s dive in and decide for ourselves.

Latest Compound News

Compound Real-Time Status

COMP current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget

Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.

Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.

Catch up with the latest crypto data by using the widget below.

Compound Technical Analysis

Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.

Compound Price

You can check the COMP price through CoinJoy's crypto portfolio tracker. Choose COMP from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.

The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.

How To Buy Compound

You can choose one or a few ways to purchase COMP. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support COMP tokens and allow you to store them. Locate the COMP address starting from 0x. Sign up with COMP and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.

Purchase as many COMP coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.

There are various other exchange services that may support COMP. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.

WalletInvestor Compound Price Prediction for 2021—2025

The WalletInvestor shows us that the Compound price can reach up to $16.459 price in 2021. By the end of 2025, the strongest rise in price is expected up to 0%. As a result of the past updates released by the project, the COMP price can approach $0 by the end of December 2025.

TradingBeasts Compound Price Prediction 2021, 2022

Just as TradingBeasts assumed we can see an upward price movement. In 2021, COMP coin price can hit $159.649. By the end of 2022, the Compound price can show us the same upward patterns that we saw in 2021, the price can approach $285.102.

DigitalCoin Compound Price prediction 2025

The Compound cryptocurrency price will increasingly move up by the end of 2026 as claimed by DigitalCoin analysis. By the end of 2022, COMP price will continue approaching $307.8689. Compound will become an even more widely used cryptocurrency, with ever-growing popularity among users. Compound price for 2025 is $843.5836.

LongForecast Compound Price prediction 2022

Pursuant to Long Forecast, during the whole 2021, a strong bullish trend will push the COMP price to the next resistance levels. Compound will hold at $103.75. 2022 is a key year for Compound, the price can approach $147.0833.

Conclusion

Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project’s roadmap. Remember to always do your own research.

FAQ

Is Compound a good investment?

According to the experts' forecasts, Compound will be a good investment.

Does Compound Have Potential?

The COMP is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Compound forecast is positive, It has potential.

How much will Compound be worth in 2021?

In 2021 the price of COMP is expected to reach $210.2222, based on the forecasting from various sources.

How much will Compound be worth in 2022?

In 2022 the price of COMP is expected to reach $307.8689, based on the forecasting from various sources.

How much will Compound be worth in 2025?

In 2025 the price of COMP is expected to reach $843.5836, based on the forecasting from various sources.


The content of this article is for informational purposes only and should not be construed as investment advice. We ask you to do your research. This text is not a guide to action. The author's opinion may not coincide with the opinion of CoinJoy.