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Market Cap
$ 357,296,609
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Total Volume
$ 33,683,885
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24 Hour
1.92%
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7 Day
10.00%
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Compound Price Prediction: 2024, 2025, 2030

Compound price prediction, COMP’s price has pumped by 1.92% in the last 24 hours.
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Compound
Price Prediction
Compound, COMP could hit $142.23 in 2024
Compound’s price prediction for the most bearish scenario will value COMP at $41.70 in 2024.
Compound’s price prediction for the most bullish scenario will value COMP at $142.23 in 2024
Compound’s previous All Time High was on 12 May 2021 where COMP was priced at $910.54.

Compound’s price at the same time last week was $46.66. It has moved by 10.00 % in the past week and is currently at $52.12. Infact, in the past 24 hours, COMP has pumped by 1.92 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and COMP could hit $103.67 in 2025.

The total circulating supply of Compound as of writing this article was $6856085.76 and the marketcap of COMP remains at $357,296,609. Compound price in the longer term is expected to reach a high of $1322.94 in 2035.

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

COMP price prediction: Key highlights

 

1. Primary support and resistance levels

  • An analysis of the weekly chart pointed to $34 as the lowest support for COMP.
  • On the upside, the highest resistance for the token can be anticipated at around $129.

2. Market sentiment

  • The overall market sentiment is seen to be neutral to bullish in May 2024.

3. Predictive forecasts

  • Our AI/ML predictive algorithms have forecasted that the average price of COMP can reach $234 in 2031 and $689 by 2035.

Gain deep insights on COMP via a detailed weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

 

COMP technical analysis: Bulls charge back amid bearish grip

 

The Compound price prediction for 2024 reflects the cryptocurrency’s performance over the past year, marked by significant price movements and fluctuations in investor sentiment.  

 

The analysis began in May, with COMP undergoing a downtrend to touch the lowest support at $34. After briefly resting above this level, the asset dipped even further to majorly fall below $34, touching new lows as June commenced.

 

By mid-month, a strong bullish momentum was observed, pushing the token to slightly cross $60 by late June. 

 

The surge was the result of two major developments. Data from Lookonchain revealed that on June 26, a whale deposited $3.5 million worth of Tether (USDT) to Binance and then withdrew 50,000 COMP tokens ($2.26 million) and an additional 120,000 tokens ($5.5 million). Furthermore, Compound’s CEO, Robert Leshner, stepped down simultaneously, causing the token to register massive gains.

 

By early July, the asset surged to touch $79 amid bullish market forces. However, by the end of July, a trend reversal occurred, causing the asset to plummet below $47 by mid-August.

 

However, by September, the bulls took over to touch $47 yet again. As October commenced, a minor downtrend temporarily took the token below this level. However, this momentum was not sustained.

 

By mid-October, the token began to ascend again, completely breaching past the $47 level by the later weeks of the month. Following this surge, the token stabilized above this level, even momentarily touching $60 by the end of the year.

 

January saw COMP repeatedly test the $60 level. After a temporary drop, the token breached this level by mid-February. By the end of the month, it touched the peak resistance at $95.

 

By mid-March, the price was rejected at the peak resistance, which led to the asset falling below $79. After testing this level until early April, another downtrend occurred. As a result, the asset fell below $60 and remained here until mid-May.

 

By late May, the token managed to overcome the $60 level. At the time of writing, it stood at $62.

 

COMP’s current trajectory has been quite impressive. According to CoinMarketCap, the asset experienced an almost 10% surge in value over the past month, paired with an 8% spike in volume.

 

The market can go in two directions from the current scenario. If the bulls continue their rally, COMP’s value may soar to retouch the $95 mark. Sustained buying pressure can also push the token as high as $129. This level has held its ground since 2022 and can likely lead to some pushback.

 

Meanwhile, a break below the current support will effectively tilt the trend in favor of the bears. This can trigger a lasting downtrend, causing the price to plummet as low as $47. In case of a stronger bearish rally, the token may even revert to $34.

 

Amidst all this, our predictive algorithms suggest that the future of COMP appears cautiously optimistic. The models envision the cryptocurrency reaching an average value of $234 by 2031. If the asset continues the modest growth trajectory, the average price can go as high as $689 in 2035.

 

COMP's 2024 roadmap: Key indicators to watch and trade

  • The Relative Strength Index (RSI) began its journey from below the neutral 50 line. By June, the indicator spiked above the neutral line. However, it dropped again by early August.
  • By late October, the RSI rose above the neutral line yet again. During late February, it even momentarily surpassed the overbought territory. However, a sharp decline took the RSI below the neutral line by early April. At press time, the indicator recovered slightly to stand at 51.22, indicating increased buying pressure for the asset.
  • The On-Balance Volume (OBV) experienced a significant increase from June to July. Following this initial ascent, the momentum reversed, leading to a decline until September. 
  • Subsequently, the OBV saw an exponential ascent that continued until late February. Yet, this rise was then countered by a downturn in the indicator. Since April, the indicator has stabilized. By early May, it spiked slightly, standing at 1.502 million at press time. This reflected a renewed buying interest.
  • In terms of trading volume, there was a substantial increase coinciding with the initial rally. However, following this period, the volume declined and remained low. Notably, the rally in February did not attract a significant increase in trading volume.
  • The trading volume diminished further as the price faced rejection. This highlighted a potential lack of confidence or disinterest from traders. At press time, the volume had reverted to its previous lows.
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Compound Price Prediction

Compound has had an eventful 2023. To simplify the latest COMP price prediction, we have divided up the prediction by short term Compound price prediction and long term Compound price prediction. As of writing this article, COMP had a trading volume of 33,683,885. Compound has gone up by 3.40% in the past 30 days.

According to our analysis in the short term, Compound price prediction for September 2024 shows the average price of COMP at 113.67 and the highest possible price for September 2024 would be $121.63.

Further, according to our analysis in the long term, Compound price prediction for January 2025 shows the average price of COMP at 86.39 and the highest possible price for January 2025 would be $92.44.

Compound's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
21 July 2024$54.65$50.83$58.48
22 July 2024$54.75$50.92$58.58
23 July 2024$55.67$51.77$59.56
24 July 2024$57.03$53.04$61.02
29 July 2024$63.44$59.00$67.88
3 August 2024$71.66$66.65$76.68
13 August 2024$94.38$87.77$100.99
September 2024$113.67$105.71$121.63
October 2024$115.29$107.22$123.36
November 2024$116.91$108.72$125.09
December 2024$118.52$110.23$126.82

Compound price prediction 21 July 2024: Compound's price for 21 July 2024 according to our analysis should range between $50.83 to $58.48 and the average price of COMP should be around $54.65.

Compound price prediction 22 July 2024: Compound's price for 22 July 2024 according to our analysis should range between $50.92 to $58.58 and the average price of COMP should be around $54.75.

Compound price prediction 23 July 2024: Compound's price for 23 July 2024 according to our analysis should range between $51.77 to $59.56 and the average price of COMP should be around $55.67.

Compound price prediction 24 July 2024: Compound's price for 24 July 2024 according to our analysis should range between $53.04 to $61.02 and the average price of COMP should be around $57.03.

Compound price prediction 29 July 2024: Compound's price for 29 July 2024 according to our analysis should range between $59.00 to $67.88 and the average price of COMP should be around $63.44.

Compound price prediction 3 August 2024: Compound's price for 3 August 2024 according to our analysis should range between $66.65 to $76.68 and the average price of COMP should be around $71.66.

Compound price prediction 13 August 2024: Compound's price for 13 August 2024 according to our analysis should range between $87.77 to $100.99 and the average price of COMP should be around $94.38.

Compound price prediction September 2024: Compound's price for September 2024 according to our analysis should range between $105.71 to $121.63 and the average price of COMP should be around $113.67.

Compound price prediction October 2024: Compound's price for October 2024 according to our analysis should range between $107.22 to $123.36 and the average price of COMP should be around $115.29.

Compound price prediction November 2024: Compound's price for November 2024 according to our analysis should range between $108.72 to $125.09 and the average price of COMP should be around $116.91.

Compound price prediction December 2024: Compound's price for December 2024 according to our analysis should range between $110.23 to $126.82 and the average price of COMP should be around $118.52.

Compound's Long Term Price Prediction

Compound’s long term Price Prediction below is a look at COMP’s future prospect with regards to price. Compound was last seen at $52.12, with a market cap of $357,296,609 and trading volumes of $33,683,885. COMP’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$118.52$94.82$142.23
2025$86.39$69.11$103.67
2026$111.44$89.15$133.73
2027$143.76$115.01$172.51
2028$185.45$148.36$222.54
2029$239.23$191.39$287.08
2030$308.61$246.89$370.33
2031$398.11$318.48$477.73
2032$513.56$410.85$616.27
2033$662.49$529.99$794.99
2034$854.61$683.69$1025.53
2035$1102.45$881.96$1322.94

Compound price prediction 2024: Compound's price for 2024 according to our analysis should range between $94.82 to $142.23 and the average price of COMP should be around $118.52.

Compound price prediction 2025: Compound's price for 2025 according to our analysis should range between $69.11 to $103.67 and the average price of COMP should be around $86.39.

Compound price prediction 2026: Compound's price for 2026 according to our analysis should range between $89.15 to $133.73 and the average price of COMP should be around $111.44.

Compound price prediction 2027: Compound's price for 2027 according to our analysis should range between $115.01 to $172.51 and the average price of COMP should be around $143.76.

Compound price prediction 2028: Compound's price for 2028 according to our analysis should range between $148.36 to $222.54 and the average price of COMP should be around $185.45.

Compound price prediction 2029: Compound's price for 2029 according to our analysis should range between $191.39 to $287.08 and the average price of COMP should be around $239.23.

Compound price prediction 2030: Compound's price for 2030 according to our analysis should range between $246.89 to $370.33 and the average price of COMP should be around $308.61.

Compound price prediction 2031: Compound's price for 2031 according to our analysis should range between $318.48 to $477.73 and the average price of COMP should be around $398.11.

Compound price prediction 2032: Compound's price for 2032 according to our analysis should range between $410.85 to $616.27 and the average price of COMP should be around $513.56.

Compound price prediction 2033: Compound's price for 2033 according to our analysis should range between $529.99 to $794.99 and the average price of COMP should be around $662.49.

Compound price prediction 2034: Compound's price for 2034 according to our analysis should range between $683.69 to $1025.53 and the average price of COMP should be around $854.61.

Compound price prediction 2035: Compound's price for 2035 according to our analysis should range between $881.96 to $1322.94 and the average price of COMP should be around $1102.45.

A Historical look at Compound, COMP’s price

COMP/USD Pair

COMP
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USD
19 July 2021
381.52
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COMP
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USD
19 July 2022
57.52
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15.08
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COMP
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USD
19 July 2023
71.31
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123.97
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COMP
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USD
20 July 2024
52.12
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73.09
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COMP/Euro Pair

COMP
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EUR
19 July 2021
322.95
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COMP
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EUR
19 July 2022
56.68
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17.55
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COMP
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EUR
19 July 2023
63.51
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112.04
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COMP
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EUR
20 July 2024
47.85
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75.34
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FAQs about Compound

What is the price of Compound as of today 20 July 2024?

Compound’s current price is $52.12 and witnessed a 1.92% increase in the past 24 hours. COMP/BTC pair saw a -2.54% decrease in the past 24 hours

Is COMP a good investment?

Investing in Compound, COMP will purely depend on your personal risk appetite. As you can see over the past 24 hours Compound’s price has witnessed a 1.92% increase and over the past 30 days Compound has increase by 3.40%. So it all depends on if this investment will hit your trading goals.

How high can Compound’s price go this year in 2024?

According to our latest Compound Price prediction for 2024, COMP should vary between $142.23 and $94.82. Please keep in mind that the crypto market is very volatile and this Compound price prediction does not account for extreme wild swings in price.

How much will the Compound be worth in 2024 ?

As per the Compound price prediction 2024 model above, COMP’s price for July 2024 should range between $94.82 to $142.23 with the average price for July being $118.52

How much will Compound be worth in 2025?

According to the Compound Price Prediction model above, COMP’s price in 2025 would be $86.39. This price would however would range from $103.67 and $69.11.

How much will Compound be worth in 2026?

According to the Compound Price Prediction model above, COMP’s price in 2026 would be $111.44. This price would however would range from $133.73 and $89.15.

How much will Compound be worth in 2027?

According to the Compound Price Prediction model above, COMP’s price in 2027 would be $143.76. This price would however would range from $172.51 and $115.01.

How much will Compound be worth in 2028?

According to the Compound Price Prediction model above, COMP’s price in 2028 would be $185.45. This price would however would range from $222.54 and $148.36.

How much will Compound be worth in 2029?

According to the Compound Price Prediction model above, COMP’s price in 2029 would be $239.23. This price would however would range from $287.08 and $191.39.

How much will Compound be worth in 2030?

According to the Compound Price Prediction model above, COMP’s price in 2030 would be $308.61. This price would however would range from $370.33 and $246.89.

How much will Compound be worth in 2031?

According to the Compound Price Prediction model above, COMP’s price in 2031 would be $398.11. This price would however would range from $477.73 and $318.48.

How much will Compound be worth in 2032?

According to the Compound Price Prediction model above, COMP’s price in 2032 would be $513.56. This price would however would range from $616.27 and $410.85.

How much will Compound be worth in 2033?

According to the Compound Price Prediction model above, COMP’s price in 2033 would be $662.49. This price would however would range from $794.99 and $529.99.

How much will Compound be worth in 2034?

According to the Compound Price Prediction model above, COMP’s price in 2034 would be $854.61. This price would however would range from $1025.53 and $683.69.

How much will Compound be worth in 2035?

According to the Compound Price Prediction model above, COMP’s price in 2035 would be $1102.45. This price would however would range from $1322.94 and $881.96.

What was the highest price of Compound?

The highest price for Compound was recorded in 12 May 2021 during which COMP hit an All Time High of $910.54

What is the price of 1 Compound?

The price of 1 Compound according to current market rate is $52.12