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Market Cap
$ 406,904,554
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Total Volume
$ 47,307,637
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24 Hour
-2.13%
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7 Day
7.50%
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Compound Price Prediction: 2024, 2025, 2030

Compound price prediction, COMP’s price has dumped by -2.13% in the last 24 hours.
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Compound
Price Prediction
Compound, COMP could hit $149.55 in 2024
Compound’s price prediction for the most bearish scenario will value COMP at $47.49 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 $56.08. It has moved by 7.50 % in the past week and is currently at $59.36. Infact, in the past 24 hours, COMP has dumped by -2.13 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and COMP could hit $305.59 in 2025.

The total circulating supply of Compound as of writing this article was $6856085.76 and the marketcap of COMP remains at $406,904,554

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 $36 as the lowest support for COMP.
  • On the upside, the highest resistance for the token can be anticipated at around $170.

2. Market sentiment

  • The bullish market sentiment is seen to be losing momentum in May 2024.

3. Predictive forecasts

  • Our AI/ML models have predicted that the average price of COMP can reach $100 in 2028 and $220 by 2031.

Gain deep insights on COMP via a comprehensive 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 tremble as market contemplates future direction

 

The Compound price prediction for 2024 reflects the token's performance over the past year, marked by significant price movements and fluctuations in investor sentiment.  At the beginning of the analysis period, COMP’s price depreciated below the lowest support at $36

 

The downturn kept the price suppressed until early June. In mid-month, a bullish rally emerged. This rally was bolstered by a substantial pump, propelling the token past this mark towards the end of the month.

 

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 at the same time, causing the token to register massive gains.

 

This uptrend continued till July, as the token tested the upper resistance at $79. Nonetheless, this was followed by continued drops, which amplified in late July. AMBCrypto reported that the token shed most of its gains as the price plummeted by double digits since August began.

 

By mid-month, the price fell below $54 to land on its lowest support. After stabilizing on this level, bulls attempted to elevate the price again in September, leading to a gradual appreciation. Between November and February, the token struggled to sustain itself over $54, causing fluctuations surrounding this price point. 

 

As the broader market improved, COMP decisively turned this level into support in mid-February. The momentum continued unabated, driving the price to the peak resistance of $95 by month’s end. Nevertheless, this success was short-lived.

 

In mid-March, the token retraced its steps below $79. A subsequent test of this level triggered a further downtick. As April rolled in, COMP found footing again at $54. Since then, bullish efforts have been focused on keeping the price above this level. At press time, the altcoin was valued at $56.

 

Looking forward, the market can go in two directions. If a prolonged bull run ensues, COMP’s value may soar to retouch the $95 mark. Sustained buying pressure can also push the token as high as $170. This level has held its ground since Q2 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 $36.

 

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 $100 by 2028. Continuing the modest growth trajectory, the average price can reach as high as $220 in 2031.

 

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

  • The Moving Average Convergence Divergence (MACD) line dropped below the signal line in mid-May, with both lines registering negative values. Coinciding with the recovering prices, the MACD line managed to regain footing over the signal line in June. Additionally, both lines moved above the zero line in July, with the former leading.
  • This trajectory reversed as the MACD once again fell below its counterpart in August. Meanwhile, the two lines fell below zero in September. Thereafter, the MACD line started recovering in October. This culminated in it moving above the signal and zero line in November, with the former following suit.
  • April brought another downtick as the MACD line was established below the signal line again, with both of them descending. At the time of writing, the signal line dominated with a value of 4.17, the MACD line was at 1.81, and the histogram value was -2.36. These values indicated a waning of bullish strength.
  • The On-Balance Volume (OBV) experienced a significant increase from June to July. Following this initial ascent, the momentum reversed, leading to a decline that lasted until September. 
  • Subsequently, the OBV saw an exponential ascent that continued until February. Yet, this rise was then countered by a downturn in the indicator. Since April, the indicator has stabilized, registering at 1.01 million. This reflected a balance between buying and selling pressures.
  • 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.
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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 47,307,637. Compound has gone down by -0.15% in the past 30 days.

According to our analysis in the short term, Compound price prediction for July 2024 shows the average price of COMP at 92.81 and the highest possible price for July 2024 would be $99.30.

Further, according to our analysis in the long term, Compound price prediction for November 2024 shows the average price of COMP at 114.02 and the highest possible price for November 2024 would be $122.00.

Compound's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
24 May 2024$62.37$58.00$66.73
25 May 2024$63.47$59.02$67.91
26 May 2024$64.96$60.42$69.51
27 May 2024$65.26$60.69$69.83
1 June 2024$68.42$63.63$73.21
6 June 2024$70.15$65.24$75.06
16 June 2024$69.70$64.82$74.58
July 2024$92.81$86.31$99.30
August 2024$98.11$91.24$104.98
September 2024$103.41$96.18$110.65
October 2024$108.72$101.11$116.33
November 2024$114.02$106.04$122.00
December 2024$119.32$110.97$127.68

Compound price prediction 24 May 2024: Compound's price for 24 May 2024 according to our analysis should range between $58.00 to $66.73 and the average price of COMP should be around $62.37.

Compound price prediction 25 May 2024: Compound's price for 25 May 2024 according to our analysis should range between $59.02 to $67.91 and the average price of COMP should be around $63.47.

Compound price prediction 26 May 2024: Compound's price for 26 May 2024 according to our analysis should range between $60.42 to $69.51 and the average price of COMP should be around $64.96.

Compound price prediction 27 May 2024: Compound's price for 27 May 2024 according to our analysis should range between $60.69 to $69.83 and the average price of COMP should be around $65.26.

Compound price prediction 1 June 2024: Compound's price for 1 June 2024 according to our analysis should range between $63.63 to $73.21 and the average price of COMP should be around $68.42.

Compound price prediction 6 June 2024: Compound's price for 6 June 2024 according to our analysis should range between $65.24 to $75.06 and the average price of COMP should be around $70.15.

Compound price prediction 16 June 2024: Compound's price for 16 June 2024 according to our analysis should range between $64.82 to $74.58 and the average price of COMP should be around $69.70.

Compound price prediction July 2024: Compound's price for July 2024 according to our analysis should range between $86.31 to $99.30 and the average price of COMP should be around $92.81.

Compound price prediction August 2024: Compound's price for August 2024 according to our analysis should range between $91.24 to $104.98 and the average price of COMP should be around $98.11.

Compound price prediction September 2024: Compound's price for September 2024 according to our analysis should range between $96.18 to $110.65 and the average price of COMP should be around $103.41.

Compound price prediction October 2024: Compound's price for October 2024 according to our analysis should range between $101.11 to $116.33 and the average price of COMP should be around $108.72.

Compound price prediction November 2024: Compound's price for November 2024 according to our analysis should range between $106.04 to $122.00 and the average price of COMP should be around $114.02.

Compound price prediction December 2024: Compound's price for December 2024 according to our analysis should range between $110.97 to $127.68 and the average price of COMP should be around $119.32.

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 $59.36, with a market cap of $406,904,554 and trading volumes of $47,307,637. COMP’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$124.63$99.70$149.55
2025$254.66$203.73$305.59
2026$520.37$416.30$624.44
2027$1063.32$850.65$1275.98
2028$2172.77$1738.22$2607.33
2029$4439.82$3551.86$5327.78
2030$9072.28$7257.82$10886.74
2031$18538.20$14830.56$22245.84
2032$37880.76$30304.61$45456.91
2033$77405.13$61924.11$92886.16
2035$323200.47$258560.37$387840.56

Compound price prediction 2024: Compound's price for 2024 according to our analysis should range between $99.70 to $149.55 and the average price of COMP should be around $124.63.

Compound price prediction 2025: Compound's price for 2025 according to our analysis should range between $203.73 to $305.59 and the average price of COMP should be around $254.66.

Compound price prediction 2026: Compound's price for 2026 according to our analysis should range between $416.30 to $624.44 and the average price of COMP should be around $520.37.

Compound price prediction 2027: Compound's price for 2027 according to our analysis should range between $850.65 to $1275.98 and the average price of COMP should be around $1063.32.

Compound price prediction 2028: Compound's price for 2028 according to our analysis should range between $1738.22 to $2607.33 and the average price of COMP should be around $2172.77.

Compound price prediction 2029: Compound's price for 2029 according to our analysis should range between $3551.86 to $5327.78 and the average price of COMP should be around $4439.82.

Compound price prediction 2030: Compound's price for 2030 according to our analysis should range between $7257.82 to $10886.74 and the average price of COMP should be around $9072.28.

Compound price prediction 2031: Compound's price for 2031 according to our analysis should range between $14830.56 to $22245.84 and the average price of COMP should be around $18538.20.

Compound price prediction 2032: Compound's price for 2032 according to our analysis should range between $30304.61 to $45456.91 and the average price of COMP should be around $37880.76.

Compound price prediction 2033: Compound's price for 2033 according to our analysis should range between $61924.11 to $92886.16 and the average price of COMP should be around $77405.13.

Compound price prediction 2035: Compound's price for 2035 according to our analysis should range between $258560.37 to $387840.56 and the average price of COMP should be around $323200.47.

A Historical look at Compound, COMP’s price

COMP/USD Pair

COMP
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USD
23 May 2021
385.75
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COMP
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USD
23 May 2022
71.06
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18.42
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COMP
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USD
23 May 2023
35.23
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49.58
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COMP
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USD
24 May 2024
59.36
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168.5
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COMP/Euro Pair

COMP
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EUR
23 May 2021
316.71
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COMP
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EUR
23 May 2022
67.23
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21.23
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COMP
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EUR
23 May 2023
32.59
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48.48
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COMP
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EUR
24 May 2024
54.89
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168.43
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FAQs about Compound

What is the price of Compound as of today 24 May 2024?

Compound’s current price is $59.36 and witnessed a -2.13% decrease in the past 24 hours. COMP/BTC pair saw a -0.40% 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 -2.13% decrease and over the past 30 days Compound has decrease by -0.15%. 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 $149.55 and $99.70. 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 May 2024 should range between $99.70 to $149.55 with the average price for May being $124.63

How much will Compound be worth in 2025?

According to the Compound Price Prediction model above, COMP’s price in 2025 would be $254.66. This price would however would range from $305.59 and $203.73.

How much will Compound be worth in 2026?

According to the Compound Price Prediction model above, COMP’s price in 2026 would be $520.37. This price would however would range from $624.44 and $416.30.

How much will Compound be worth in 2027?

According to the Compound Price Prediction model above, COMP’s price in 2027 would be $1063.32. This price would however would range from $1275.98 and $850.65.

How much will Compound be worth in 2028?

According to the Compound Price Prediction model above, COMP’s price in 2028 would be $2172.77. This price would however would range from $2607.33 and $1738.22.

How much will Compound be worth in 2029?

According to the Compound Price Prediction model above, COMP’s price in 2029 would be $4439.82. This price would however would range from $5327.78 and $3551.86.

How much will Compound be worth in 2030?

According to the Compound Price Prediction model above, COMP’s price in 2030 would be $9072.28. This price would however would range from $10886.74 and $7257.82.

How much will Compound be worth in 2031?

According to the Compound Price Prediction model above, COMP’s price in 2031 would be $18538.20. This price would however would range from $22245.84 and $14830.56.

How much will Compound be worth in 2032?

According to the Compound Price Prediction model above, COMP’s price in 2032 would be $37880.76. This price would however would range from $45456.91 and $30304.61.

How much will Compound be worth in 2033?

According to the Compound Price Prediction model above, COMP’s price in 2033 would be $77405.13. This price would however would range from $92886.16 and $61924.11.

How much will Compound be worth in 2035?

According to the Compound Price Prediction model above, COMP’s price in 2035 would be $323200.47. This price would however would range from $387840.56 and $258560.37.

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 $59.36