📉 Compound falls -4.65% against the US dollar today

🔻 COMP/BTC decreases -3.79% today

🔮 Optimistic BTC prediction despite negative market

Compound is experiencing a long-term negative trend, with a drop of -30.24% in the last year. However, in the last 30 days, the coin has gained 12.24%. According to our price prediction, COMP is expected to reach a price of $47.03 by October 15, 2023, which is an increase of 14.66% in the next 5 days.

Key Support Levels: $40.06, $38.63, $36.52

Key Resistance Levels: $43.60, $45.70, $47.14

The Fear and Greed index stands at 50 (Neutral), indicating a neutral outlook from investors in the cryptocurrency market. Technical indicators show a bearish sentiment for Compound, with 25 indicators showing a bearish prediction and only 4 indicators signaling a bullish prediction.

Despite the volatility and market fluctuations, the price of Compound is expected to rise by 14.66% in the coming days. It is important to monitor market sentiment, key support and resistance levels, and other metrics to make informed cryptocurrency investment decisions.

Disclaimer: This is not investment advice. The information provided is for general purposes only.