Compound COMP
Current Price
$19.65 -2.04%
$0.7900 Daily Range (4.02%)
$19.53$20.32
$23.54M Daily Volume
296 BTC
Vol/MktCap: 11.98%
Market Performance
0.05% Relative BTC Volume
The total volume of Compound is $23.54M over the past 24 hours, compared to $46.38B total Bitcoin volume.
Hourly Moving Average
8 SMA $19.98 -1.67%
13 SMA $19.96 -1.54%
21 SMA $19.99 -1.68%
55 SMA $19.70 -0.26%
144 SMA $19.10 +2.88%
Price Performance
+0.47% 1 Hour Change
$19.65 from $19.56
0.00% 7 Day Change
$0.00000000 from $19.65
+1.30% 14 Day Change
$0.2555 from $19.39
+19.90% 30 Day Change
$3.91 from $15.74
All Time High
May 11, 2021
$854.45 -97.70%
-$834.80 vs. now
24H Change
-4.06M USD -2.02%
-51 BTC
Volume and Supply
Total Supply: 10.00M COMP 
10.00M COMP Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
0.50 x BTC Supply0.5:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
1.18M COMP
traded over past 24 hours
11.81% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Compound AI Market Analysis
Compound (COMP) is currently priced at $19.56, reflecting a 24-hour decline of 1.91%. The daily trading range has been tight, with a high of $20.33 and a low of $19.54, indicating limited volatility in the short term.
Trading volume stands at approximately 23 million, contributing to a volume-to-market cap ratio of 11.85%. This suggests a moderate level of trading activity relative to its market cap, which could be indicative of investor interest but also potential selling pressure in the current market environment.
Moving averages reveal a bearish short-term trend, with the 8, 13, and 21 SMA all declining between 2.17% and 2.40%. In contrast, the 55 SMA shows a minor uptick of 0.67%, and the 144 SMA has increased by 2.45%, suggesting that while short-term momentum is weak, there may be signs of stabilization or recovery in the longer term.
The RSI metrics present a mixed picture, with the 1-hour RSI at 36, indicating oversold conditions, while the 7-day RSI at 54 suggests neutral momentum. The price has experienced a slight decrease over the past week (-1.6%), but has seen a positive trend over the past 14 days (1.9%) and a significant gain over the last 30 days (19.5%).
Given these insights, the immediate outlook for COMP is bearish due to short-term moving averages and the oversold RSI reading. However, the longer-term indicators suggest potential for recovery as the price stabilizes around current levels.
In conclusion, I recommend a Hold rating for COMP. The current price reflects a temporary downturn, but the solid 30-day price increase and longer-term moving averages provide a foundation for potential upward movement.
Trading volume stands at approximately 23 million, contributing to a volume-to-market cap ratio of 11.85%. This suggests a moderate level of trading activity relative to its market cap, which could be indicative of investor interest but also potential selling pressure in the current market environment.
Moving averages reveal a bearish short-term trend, with the 8, 13, and 21 SMA all declining between 2.17% and 2.40%. In contrast, the 55 SMA shows a minor uptick of 0.67%, and the 144 SMA has increased by 2.45%, suggesting that while short-term momentum is weak, there may be signs of stabilization or recovery in the longer term.
The RSI metrics present a mixed picture, with the 1-hour RSI at 36, indicating oversold conditions, while the 7-day RSI at 54 suggests neutral momentum. The price has experienced a slight decrease over the past week (-1.6%), but has seen a positive trend over the past 14 days (1.9%) and a significant gain over the last 30 days (19.5%).
Given these insights, the immediate outlook for COMP is bearish due to short-term moving averages and the oversold RSI reading. However, the longer-term indicators suggest potential for recovery as the price stabilizes around current levels.
In conclusion, I recommend a Hold rating for COMP. The current price reflects a temporary downturn, but the solid 30-day price increase and longer-term moving averages provide a foundation for potential upward movement.
Updated 60 minutes ago.