Therefore, the future price of COMP in 2025 can make a high of $217.30. Also, the RSI shows a bullish divergence, making higher lows when the price chart is making higher lows. Therefore, the COMP price looks bullish in the short term, and a rally up to $87.57 in 2023 may happen.

In 2022, the bull run got exhausted, and the price rapidly started to correct itself. By March, it briefly touched sub-$100 levels before the bounce around the time of the COMP reward halving. This could not sustain the recovery and the fall continued until the yearly low of $28.73.

Compound Quarterly Returns

In the bearish scenario, once the price of COMP drops below $64–63, it can eventually go down all the way to $43. The governance process is slow by design, giving all COMP holders across the world enough time to review the proposals and vote. However, cases such as this emergency could motivate the community to introduce changes to the voting process going forward. The COMP price starts at a peak, makes a rounded bottom, and peaks again. It then forms another bottom, then finally forms the highest price peak.

The price began the July trade with a minor descending trend but may not be considered bearish as the price usually undergoes a minor correction after a fine upswing. Therefore, the COMP price may continue with a narrow consolidation for a while and accumulate strength to trigger. The price may regain yearly highs above $64 and maintain an elevated trend thereafter. Presently, market sentiments continue to remain bullish, and hence, they may even reach beyond $70 during the first fortnight. Compound coin or COMP does look like a good investment as its current price is trading at a 96% discount to its all-time high. Also, DeFi lending, as a use-case, is gaining attention in an era when CeFi firms are going belly up.

Does Compound coin have a future?

With DeFi lending growing in popularity, the future price of COMP might improve once the bear market subsides. According to the latest long-term forecast, Compound price will hit $75 by the middle of 2024 and then $100 by the middle of 2025. Compound will rise to $200 within the year of 2030 and $250 in 2033. According to DeFi Llama, there has been a 30% increase in the Total Locked Value (TVL) on Compound Finance since the start of 2023. However, the following chart reveals that most of this TVL increase is due to a surge in Compound crypto price.

Besides, any major event like the recent one when the largest investment giant, BlackRock, entered the crypto space, could offer a notable boost to the price. Besides, if regulatory concerns hover over the token or the crypto space, the COMP price is expected to drop notably. Do note that percentage gain and loss for attaining the yearly highs and lows are crypto market dependent. Therefore, the focus should be on locating the average price of COMP rather than fixating on extreme price levels.

Compound (COMP) Price Prediction 2025

However, the latest analysis suggests at least a short-term pullback seems to be on the cards. The network employs collateralization for all assets and also ensures that each pool is over-collateralized, at all times. If the factor falls any lower, the assets are sold to liquidators at a discounted price. Talking about Compound’s native asset COMP, the total supply of the crypto asset is slabbed at 10 Million COMP. The protocol enables anyone to rent and lend tokens through a decentralized market.

If more investors are attracted to the project the prices of COMP Coin can skyrocket in upcoming years. But we would like to suggest our readers do some personal level analysis and study before making any crypto investment. This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period.

Compound (COMP) price prediction using on-chain metrics and social growth

Keep in mind that past performance is no guarantee of future returns, and never invest what you cannot afford to lose. Keep in mind that past performance is no guarantee of future returns, and never invest any money that you cannot afford to lose. As of 16 September 2022, it was trading at $57.00, up 9% over the past seven days.

Our prediction model sees a temporary switch to a bear market at the beginning of 2023 before we move onto another leg up in Q3 & Q4 of 2023. A good charting tool is a must if you want to try yourself out as a day-trader. ✔️Tradingview is best known but ✔️Bitsgap✔️Coinrule✔️Cryptohopper are also excellent plus they allow automated trading. Compound is managed by a decentralized community of COMP token-holders and their delegates, who propose and vote on upgrades to the protocol. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. The coin then fell victim to the crypto crash that saw COMP drop to its all-time low of $26.52 on 18 June 2022.

Binance Coin (BNB) Price Prediction 2023, 2024, 2025-2030

So, before making any investment decision do your proper risk management. Compound Coin performed like a star in 2021 but in 2022 like other tokens it is also struggling to gain the position. As per the current year’s performance analysis, we found that the Compound is showing slow growth.

Now see that the point is a success on the chart, showing that our prediction was accurate. So we now shift the A1 to the Dec. 13, 2021 point and realign the patterns. kshib coin All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment.