Compound COMP
Current Price
$31.79 -0.45%
$0.9200 Daily Range (2.89%)
$31.09$32.01
$17.44M Daily Volume
185 BTC
Vol/MktCap: 5.72%
Market Performance
0.03% Relative BTC Volume
The total volume of Compound is $17.44M over the past 24 hours, compared to $50.55B total Bitcoin volume.
Hourly Moving Average
8 SMA $31.35 +1.40%
13 SMA $31.38 +1.29%
21 SMA $31.50 +0.93%
55 SMA $31.44 +1.13%
144 SMA $31.59 +0.63%
Price Performance
+1.90% 1 Hour Change
$31.79 from $31.20
-10.47% 7 Day Change
-$3.33 from $35.12
+2.90% 14 Day Change
$0.9233 from $30.87
-6.53% 30 Day Change
-$2.08 from $33.87
All Time High
May 12, 2021
$910.54 -96.53%
-$878.95 vs. now
24H Change
-4.08M USD -1.32%
-43 BTC
Volume and Supply
Total Supply: 10.00M COMP 
9.67M COMP Available96.68% 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
552.88K COMP
traded over past 24 hours
5.72% 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 $31.42, reflecting a slight decline of 0.60% over the last 24 hours. The daily trading range has been relatively narrow, with a high of $32.33 and a low of $31.27, indicating low volatility and a market that is potentially consolidating.
Trading volume stands at approximately 19.8 million, representing 6.52% of the market cap, which suggests moderate interest among traders. The moving averages indicate a bearish trend, with the 8 SMA at $31.43 showing a minimal decline of 0.03%, while longer-term averages like the 144 SMA are reflecting a more substantial drop of 0.95%.
The 1-hour RSI is at 30, indicating that COMP is currently oversold on a short-term basis. Conversely, the 7-day RSI of 43 suggests that while there is weakness, it is not yet at a critical oversold level, indicating potential for a rebound if buying interest increases.
Recent price changes reveal a 7-day decline of 9.21%, coupled with a 30-day decrease of 9.37%, signaling bearish momentum over both the short and medium term. However, the 14-day price change shows a small recovery of 5.20%, indicating some potential for a bounce back.
Given the current technical indicators and the overall bearish sentiment in the market, the outlook for COMP remains cautious. A significant resistance level appears to be at the $32 range, which has been tested but not surpassed recently, while support seems to hold around the $31 mark.
In conclusion, the current market dynamics suggest a Hold rating for Compound (COMP). The lack of bullish momentum, combined with overbought indicators, implies that traders may want to wait for clearer signs of a reversal before considering any buying actions.
Trading volume stands at approximately 19.8 million, representing 6.52% of the market cap, which suggests moderate interest among traders. The moving averages indicate a bearish trend, with the 8 SMA at $31.43 showing a minimal decline of 0.03%, while longer-term averages like the 144 SMA are reflecting a more substantial drop of 0.95%.
The 1-hour RSI is at 30, indicating that COMP is currently oversold on a short-term basis. Conversely, the 7-day RSI of 43 suggests that while there is weakness, it is not yet at a critical oversold level, indicating potential for a rebound if buying interest increases.
Recent price changes reveal a 7-day decline of 9.21%, coupled with a 30-day decrease of 9.37%, signaling bearish momentum over both the short and medium term. However, the 14-day price change shows a small recovery of 5.20%, indicating some potential for a bounce back.
Given the current technical indicators and the overall bearish sentiment in the market, the outlook for COMP remains cautious. A significant resistance level appears to be at the $32 range, which has been tested but not surpassed recently, while support seems to hold around the $31 mark.
In conclusion, the current market dynamics suggest a Hold rating for Compound (COMP). The lack of bullish momentum, combined with overbought indicators, implies that traders may want to wait for clearer signs of a reversal before considering any buying actions.
Updated 412 minutes ago.
Compound Relative Price at Market Cap of:
Compound TradingView Chart
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