Compound Price Prediction: 2024, 2025, 2030
Compound’s price at the same time last week was $47.96. It has moved by 14.71 % in the past week and is currently at $53.69. Infact, in the past 24 hours, COMP has dumped by -1.01 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and COMP could hit $85.94 in 2025.
The total circulating supply of Compound as of writing this article was $8840894.66 and the marketcap of COMP remains at $475,626,117. Compound price in the longer term is expected to reach a high of $289.11 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 points to $31 as the lowest anticipated support for COMP.
- On the upside, the highest resistance for the token was noted at $95.
2. Market sentiment
- As of August 2024, the market is seen to be bearish.
3. Predictive forecasts
- Our AI/ML algorithms forecast that the average price of COMP will reach $100 in 2030 and $250 by 2034.
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 falter under bearish stronghold
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, the higher time frame chart was dominated by bears.
AMBCrypto reported that the token shed most of its previous gains as the price plummeted by double digits from August 2023. This dragged COMP to its lowest support at $35 mid-month.
By early September, $40 was put up as a price wall. Nonetheless, the bulls swiftly reclaimed this level by the end of the month. Furthermore, from mid-October, the token trended upward. Between November and February, COMP struggled to sustain over $54, consistently fluctuating around it.
As the broader market improved, bulls decisively flipped this level 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.
After encountering liquidations at this high, the token fell to $72 in mid-March. However, the market crash in April compromised this standing. Consequently, the token returned to $54. This level became a consistent target for bearish attacks. As the selling pressure intensified in June, it was reinstated as a resistance.
By July, the token tested the $40 support. A gradual build-up of buying momentum allowed it to challenge $54 by the end of the month. However, the token simultaneously crashed. AMBCrypto reported that the network was under a governance attack, negatively impacting the price.
After briefly stabilizing at $40, the bulls launched another concerted effort to reclaim the latter level in mid-August. Yet, it led to another rejection. At press time, the altcoin was valued at $45.
Looking forward, the market can go in two directions. If the bulls reclaim the immediate resistance, the trend will likely reverse. Sustained buying pressure can also push the token to the yearly high barrier. Meanwhile, a break below the current support will cause the price to plummet to the lowest support again. A continued downtrend can drive it to a new low of $31.
Amidst all this, our predictive models suggest that the future of COMP appears cautiously optimistic. The models envision the cryptocurrency reaching an average value of $100 by 2030. Continuing the modest growth trajectory, the average price can reach as high as $250 in 2034.
COMP's 2024 roadmap: Key indicators to watch and trade
- Regarding trading volume, there was a substantial increase coinciding with the price increases. However, from late March, the volume declined. Notably, the recent uptick in price was supported by a slightly rising volume, indicating investor interest.
- The Awesome Oscillator (AO) dropped below the zero line in September. It recovered to positive values in November but returned under zero by May. At the time of writing, it registered at -12.42, demonstrating a strong bearish sentiment.
- The Bollinger Bands remained far apart until mid-December. The succeeding contraction was triggered by the decisive flip of the 20-week Moving Average (MA) into support in November.
- However, the price’s slight crossover with the upper band between mid-February and mid-March led to an expansion. Volatility decreased again as the 20 MA was reinstated as resistance in April. The recent proximity of the candles with the latter signaled an uptick in buying pressure.
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 71,155,608. Compound has gone up by 20.13% in the past 30 days.
According to our analysis in the short term, Compound price prediction for January 2025 shows the average price of COMP at 62.86 and the highest possible price for January 2025 would be $67.26.
Further, according to our analysis in the long term, Compound price prediction for May 2025 shows the average price of COMP at 65.78 and the highest possible price for May 2025 would be $70.38.
Compound's Short Term Price Prediction
Date | Avg Price | Lowest Price | Highest Price |
22 November 2024 | $55.55 | $51.66 | $59.44 |
23 November 2024 | $55.80 | $51.89 | $59.71 |
24 November 2024 | $56.07 | $52.15 | $60.00 |
25 November 2024 | $56.31 | $52.37 | $60.26 |
30 November 2024 | $57.61 | $53.58 | $61.64 |
5 December 2024 | $58.83 | $54.71 | $62.95 |
15 December 2024 | $61.50 | $57.20 | $65.81 |
Compound price prediction 22 November 2024: Compound's price for 22 November 2024 according to our analysis should range between $51.66 to $59.44 and the average price of COMP should be around $55.55.
Compound price prediction 23 November 2024: Compound's price for 23 November 2024 according to our analysis should range between $51.89 to $59.71 and the average price of COMP should be around $55.80.
Compound price prediction 24 November 2024: Compound's price for 24 November 2024 according to our analysis should range between $52.15 to $60.00 and the average price of COMP should be around $56.07.
Compound price prediction 25 November 2024: Compound's price for 25 November 2024 according to our analysis should range between $52.37 to $60.26 and the average price of COMP should be around $56.31.
Compound price prediction 30 November 2024: Compound's price for 30 November 2024 according to our analysis should range between $53.58 to $61.64 and the average price of COMP should be around $57.61.
Compound price prediction 5 December 2024: Compound's price for 5 December 2024 according to our analysis should range between $54.71 to $62.95 and the average price of COMP should be around $58.83.
Compound price prediction 15 December 2024: Compound's price for 15 December 2024 according to our analysis should range between $57.20 to $65.81 and the average price of COMP should be around $61.50.
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 $53.69, with a market cap of $475,626,117 and trading volumes of $71,155,608. COMP’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.
Years | Avg Price | Lowest Price | Highest Price |
2024 | $62.86 | $50.29 | $75.43 |
2025 | $71.61 | $57.29 | $85.94 |
2026 | $85.06 | $68.05 | $102.07 |
2027 | $97.88 | $78.30 | $117.45 |
2028 | $108.02 | $86.42 | $129.63 |
2029 | $116.21 | $92.97 | $139.45 |
2030 | $151.16 | $120.93 | $181.40 |
2031 | $182.52 | $146.01 | $219.02 |
2032 | $159.22 | $127.38 | $191.07 |
2033 | $231.34 | $185.07 | $277.60 |
2034 | $252.90 | $202.32 | $303.47 |
2035 | $240.92 | $192.74 | $289.11 |
Compound price prediction 2024: Compound's price for 2024 according to our analysis should range between $50.29 to $75.43 and the average price of COMP should be around $62.86.
Compound price prediction 2025: Compound's price for 2025 according to our analysis should range between $57.29 to $85.94 and the average price of COMP should be around $71.61.
Compound price prediction 2026: Compound's price for 2026 according to our analysis should range between $68.05 to $102.07 and the average price of COMP should be around $85.06.
Compound price prediction 2027: Compound's price for 2027 according to our analysis should range between $78.30 to $117.45 and the average price of COMP should be around $97.88.
Compound price prediction 2028: Compound's price for 2028 according to our analysis should range between $86.42 to $129.63 and the average price of COMP should be around $108.02.
Compound price prediction 2029: Compound's price for 2029 according to our analysis should range between $92.97 to $139.45 and the average price of COMP should be around $116.21.
Compound price prediction 2030: Compound's price for 2030 according to our analysis should range between $120.93 to $181.40 and the average price of COMP should be around $151.16.
Compound price prediction 2031: Compound's price for 2031 according to our analysis should range between $146.01 to $219.02 and the average price of COMP should be around $182.52.
Compound price prediction 2032: Compound's price for 2032 according to our analysis should range between $127.38 to $191.07 and the average price of COMP should be around $159.22.
Compound price prediction 2033: Compound's price for 2033 according to our analysis should range between $185.07 to $277.60 and the average price of COMP should be around $231.34.
Compound price prediction 2034: Compound's price for 2034 according to our analysis should range between $202.32 to $303.47 and the average price of COMP should be around $252.90.
Compound price prediction 2035: Compound's price for 2035 according to our analysis should range between $192.74 to $289.11 and the average price of COMP should be around $240.92.
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FAQs about Compound
Compound’s current price is $53.69 and witnessed a -1.01% decrease in the past 24 hours. COMP/BTC pair saw a -2.91% decrease in the past 24 hours
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 -1.01% decrease and over the past 30 days Compound has increase by 20.13%. So it all depends on if this investment will hit your trading goals.
According to our latest Compound Price prediction for 2024, COMP should vary between $75.43 and $50.29. 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.
As per the Compound price prediction 2024 model above, COMP’s price for November 2024 should range between $50.29 to $75.43 with the average price for November being $62.86
According to the Compound Price Prediction model above, COMP’s price in 2025 would be $71.61. This price would however would range from $85.94 and $57.29.
According to the Compound Price Prediction model above, COMP’s price in 2026 would be $85.06. This price would however would range from $102.07 and $68.05.
According to the Compound Price Prediction model above, COMP’s price in 2027 would be $97.88. This price would however would range from $117.45 and $78.30.
According to the Compound Price Prediction model above, COMP’s price in 2028 would be $108.02. This price would however would range from $129.63 and $86.42.
According to the Compound Price Prediction model above, COMP’s price in 2029 would be $116.21. This price would however would range from $139.45 and $92.97.
According to the Compound Price Prediction model above, COMP’s price in 2030 would be $151.16. This price would however would range from $181.40 and $120.93.
According to the Compound Price Prediction model above, COMP’s price in 2031 would be $182.52. This price would however would range from $219.02 and $146.01.
According to the Compound Price Prediction model above, COMP’s price in 2032 would be $159.22. This price would however would range from $191.07 and $127.38.
According to the Compound Price Prediction model above, COMP’s price in 2033 would be $231.34. This price would however would range from $277.60 and $185.07.
According to the Compound Price Prediction model above, COMP’s price in 2034 would be $252.90. This price would however would range from $303.47 and $202.32.
According to the Compound Price Prediction model above, COMP’s price in 2035 would be $240.92. This price would however would range from $289.11 and $192.74.
The highest price for Compound was recorded in 12 May 2021 during which COMP hit an All Time High of $910.54
The price of 1 Compound according to current market rate is $53.69