Compound (COMP) Price Prediction 2023-2030: Will COMP Reach $75 Soon?

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Compound-(COMP)-Price-Prediction 2022
  • Bullish Compound (COMP) price prediction ranges from $53 to $76.
  • Analysis suggests that the COMP price might reach above $76.
  • The COMP bearish market price prediction for 2023 is $23.

The compound is a decentralized finance (DEFI) protocol launched on the Ethereum blockchain. Its native token is denoted with COMP.

Compound investors are bullish on the token since it has had a return on investment (ROI) of over 107% in the past three months. The crypto bubble in 2021 led to an increase in the price of AUCTION to its present all-time high (ATH) of $911.20, which was attained in May 2021. Irrespective of the recent crypto winter, which led to a dip in the price of most cryptocurrencies, COMP investors are confident that the future of COMP is bullish.

If you are interested in the future of Compound (COMP) and want to know the price analysis and prediction of COMP for 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.

Compound (COMP) Market Overview

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What is Compound (COMP)?

Compound is a decentralized finance protocol that allows cryptocurrency hodlers to earn interest on their assets by engaging in some activities within the protocol. The activities include lending, borrowing and depositing their holdings with the protocol. Its native token is called COMP.

Compound (COMP) is present in blockchains like Ethereum blockchain, Binance Smart Chain, Sora blockchain, Solana, Avalanche blockchain and xDai. Hence, hodlers of COMP can deposit their assets on these chains.

Compound was launched in 2017, but its mainnet was launched in September 2018. The co-founders of Compound are Robert Leshner and Geoffrey Hayes.

Users who interact with the Compound protocol receive a minted token. This token is used to withdraw the deposited assets and the earned interest. The compound team charges a 10% fee on each accumulated interest.

COMP, the native token of the Compound protocol, is used in voting and debating on the platform’s proposals and other governance decisions by the investors and holders. Compound is one of the Defi platforms with the same security powered by the Ethereum blockchain.

Compound (COMP) Current Market Status

The maximum supply of Compound (COMP) is 10,000,000 COMP, while its circulating supply is 7,807,992 COMP, according to CoinMarketCap. At the time of writing, COMP is trading at $42.60 representing 24 hours increase of 0.781%. The trading volume of COMP in the past 24 hours is $26,405,832 which represents a 05.97% decrease.

Some top cryptocurrency exchanges for trading are Coinbase Pro, Binance, and Huobi Global.

Now that you know the Compound (COMP) and its current market status, we shall discuss the price analysis of Compound (COMP) for 2023.

Compound (COMP) Price Analysis 2023

Will the COMP’s blockchain’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in the payment and crypto industry affect COMP’s sentiment over time? Read more to find out about COMP’s 2023 price analysis.

Compound (COMP) Price Analysis – Bollinger Bands

The Bollinger bands are a type of price envelope developed by John Bollinger. It gives a range with an upper and lower limit for the price to fluctuate. The Bollinger bands work on the principle of standard deviation and period (time). 

The upper band as shown in the chart is calculated by adding two times the standard deviation to the Simple Moving Average while the lower band is calculated by subtracting two times the standard deviation from the Simple Moving Average.

COMP/USDT 1-Day Trading Chart Showing Bollinger (Source: Tradingview)

Currently, after continuously touching the lower band COMP seems to have retraced towards the SMA. COMP may continuously move into the Bollinger bands as it has been deemed as oversold. If the bulls keep backing COMP in the future, then, it has the possibility to keep on rising above the SMA, as such, it may increase and rise.

COMP/USDT 1-Day Trading Chart Showing Bollinger (Source: Tradingview)

Currently, the super trend indicator shows that COMP is on a downtrend. Moreover, the bandwidth percentile indicator states that the bands have reached maximum expansion. This could be seen by the Bollinger band width indicator becoming red and reading a value of   91.27%. Since it has reached maximum expansion there could be a period of contracting for COMP in the near future. 

Compound (COMP) Price Analysis – Relative Strength Index 

The Relative Strength Index is an indicator that is used to measure whether the price of a cryptocurrency is over or undervalued. For this purpose, it has two extreme regions known as the overbought and oversold regions. 

When the RSI reads a value (>70) then the crypto is overbought, which means that due to more buying the demand has increased as such the price has also increased. On the other hand, when it is oversold, many are selling, as such, its price is undervalued.

COMP/USDT 1-Day Showing Relative Strength Index (Source: Tradingview)

Currently, COMP is bearish as the RSI is below the Signal line. Moreover, the RSI reads a value of 29.5, which is in the overbought region. If this trend of falling down continues for COMP, we may see the RSI further fall deep into the oversold region. 

Moreover, the RSI could also show divergence. Usually, the RSI imitates the behavior of the cryptocurrency most of the time. However, a divergence occurs when the RSI moves in a different direction than that of the cryptocurrency. For instance, when the cryptocurrency is making higher highs, the RSI in unison with the crypto should make higher highs. But in the event that the RSI makes a lower high, then this is a bearish divergence. 

COMP/USDT 1-Day Showing Relative Strength Index (Source: Tradingview)

The above chart shows the longer time frame for COMP. As shown, we can the RSI is at 45.18 and it is just below the Signal line. However, since it is neither overbought nor oversold, we could say that the trend is strong. We could expect the COMP to fall to $26.5 if the bears keep persisting in the market. 

Compound (COMP) Price Analysis- Moving Average 

The exponential moving average is not much different from the simple moving average. The EMA gives more weightage to the present prices while the SMA equally distributes the values to the frequency. Hence, when the EMA is plotted in the graph it gives a rough idea about how the cryptocurrency has been performing in the past. 

Moreover, the 50-Day EMA is considered the short-term length, and the 200-Day EMA is considered the long-term.  Whenever the 50-day EMA crosses the 200-dat EMA from below it is called a Golden cross, while if it crosses from above, then it is a death cross.

COMP/USDT 1-Day Chart Showing Exponential Moving Averages (Source: Tradingview

Currently, COMP is below both EMAs. This indicates that the token is bearish both in the long term and short term. However, COMP seems to be rising from the ashes of the bears. We can  see the little red candlesticks forming. This shows that sellers are still there, however, they are strong enough to move the market downwards. As such, we may see COMP rise in value during the coming days. 

Compound (COMP) Price Prediction 2023-2030 Overview

YearMinimum PriceAverage PriceMaximum Price

Compound (COMP) Price Prediction-2023

COMP/USDT 1-Day Trading Chart (Source: Tradingview

The above chart shows that COMP is fluctuating taking the pattern of an inverted cup and handle. As per the conventional Cup and Handle pattern, COMP is supposed to increase and rise towards Resistance 1 at $53. There will be a lot of friction at Resistance 1, as there is much buying and selling happening in this area. In particular, the Point of Control is also around that area, hence the intense pressure. 

However, if the bulls are strong and keep the COMP market moving, it could break Resistance 2 at $65 and reach Resistance 3 at $76. Moving from Resistance 2 to Resistance 3, we could see the trading volume dwindling. This could make COMP difficult to rise towards Resistance 3.

Compound (COMP) Price Prediction – Resistance and Support Levels

COMP/USDT 1-Day Showing Resistance and  Support Levels (Source: Tradingview

Since the beginning of 2023, COMP has been going on a roller coaster ride. It had its ups, its downs, and period of consolidation. From January 2023 to March, COMP initially had a small surge which was followed by a period of consolidation between the 0.786 and 0.5 fib retracement levels. 

Thereafter COMP crashed below the 0.786 and reached the 1 fib retracement at $23.7 in June. But the mid-week of June brought some momentum to COMP as it reached the 3:1 Gann line first and thereafter reached the 2:1 Gann also. However, after that spike, COMP crashed and is now seeking for Support at the 8:1 Gann fan line. 

Compound (COMP) Price Prediction 2024 

There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. However, the year of BTC halving didn’t yield the maximum for COMP based on the previous halving. Hence, we could expect COMP to trade at a price, not below $243 by the end of 2024.

Compound (COMP) Price Prediction 2025

COMP may experience the after-effects of the Bitcoin halving and is expected to trade much higher than its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, COMP will continue to rise in 2025 forming new resistance levels. It is expected that COMP would trade beyond the $847 level.

Compound (COMP) Price Prediction 2026

It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, COMP could tumble into its support regions. During this period of price correction, COMP could lose momentum and be way below its 2025 price. As such it could be trading at $482 by 2026. 

Compound (COMP) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. Moreover, the build-up to the next Bitcoin halving in 2028 could evoke excitement in traders. However, there’ll be a dip in price before the excitement will be reciprocated in RUNE. As such we could expect COMP to trade at around $672 by the end of 2027. 

Compound (COMP) Price Prediction 2028

As the crypto community’s hope will be re-ignited looking forward to Bitcoin halving like many altcoins, COMP may reciprocate its past behavior during the BTC halving. Hence, COMP would be trading at $755 after experiencing a considerable surge by the end of 2028. 

Compound (COMP) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment, COMP could be trading at $1247 by the end of 2029.

Compound (COMP) Price Prediction 2030

After witnessing a bullish run in the market, COMP and many altcoins would show signs of consolidation and might trade sideways and move downwards for some time while experiencing minor spikes. Therefore, by the end of 2030, COMP could be trading at $1240.

Compound (COMP) Price Prediction 2040

The long-term forecast for COMP  indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point. 

If they start selling then COMP  could fall in value. It is expected that the average price of COMP could reach $2671 by 2040.

Compound (COMP) Price Prediction 2050

Since Cryptocurrency will be revered and widely accepted by most people during the 2050s, we will see the masses believe more in it. As such COMP could reach $4062. 


If investors continue showing their interest in COMP and add these tokens to their portfolio, it could continue to rise. COMP’s bullish price prediction shows that it could reach the $76.5 level


What is Compound (COMP)?

Compound is a decentralized finance (DEFI) protocol that allows cryptocurrency hodlers to earn interest on their assets by engaging in some activities within the protocol. The activities include lending, borrowing and depositing their holdings with the protocol. Its native token is called COMP.

How to buy a Compound (COMP) Token?

Like other cryptocurrencies, Compound (COMP) can be traded in cryptocurrency exchanges like Binance, Huobi Global, FTX, Kucoin,, and others.

Will COMP Token surpass its present ATH?

COMP has a low possibility of surpassing its present all-time high (ATH) price of $911.20 in 2022. However, due to the positive sentiments of its investors, this could be reached by 2025

Can COMP reach $75 soon?

Compound has the potential to reach $75.

Is COMP a good investment?

COMP has been one of the most suitable investments in the crypto space in the past three months. Its return on investment of over 100% makes it one of the assets to keep on the watch list and own for the future.

What is the current all-time lowest price of Compound?

COMP’s all-time lowest price is $25.55.

What is the maximum supply of COMP?

The maximum supply of COMP is 10,000,000 COMP.

Who are the co-founders of Compound?

Robert Leshner and Geoffrey Hayes founded compound (COMP).

What is the maximum supply of COMP?

COMP has a maximum supply of 10,000,000 COMP.

When was COMP launched?

It was launched in 2017.

Where can COMP be stored?

COMP can be stored in private wallets and cold and hot wallets of centralized exchanges.

What will be the COMP token’s price in 2023?

COMP is expected to reach $76.5 by 2023.

What will be the COMP token’s price in 2024?

COMP is expected to reach $243 by 2024.

What will be the COMP token’s price in 2025?

COMP is expected to reach $847 by 2025.

What will be the COMP token’s price in 2026?

COMP is expected to reach $482 by 2026.

What will be the COMP token’s price in 2027?

COMP is expected to reach $672 by 2027.

What will be the COMP token’s price in 2028?

COMP is expected to reach $755 by 2028.

What will be the COMP token’s price in 2029?

COMP is expected to reach $1247 by 2029.

What will be the COMP token’s price in 2030?

COMP is expected to reach $1240 by 2030.

What will be the COMP token’s price in 2040?

COMP is expected to reach $2671 by 2040.

What will be the COMP token’s price in 2050?

COMP is expected to reach $4062 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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