Comprehensive price analysis for today (December 4, 2024)
The current price of Compound ($COMP ) is $122.68, and the price has increased by +38.23% over the last 24 hours. Currently, COMP is available on 50 exchanges, and in the last 24 hours, 1,606,879 COMP coins have been exchanged, totaling $197,124,789 in trading volume.
Today, Compound (COMP) opened at $87.51. This is a 40.18% increase from the opening price. After dropping to $86.97, it is attempting to rise again. COMP has more than a 197.36% increase compared to the price of last month. From the maximum price over the last 30 and 7 days, it has increased by 31.20%, and from the minimum recorded price over the same period, it has increased by 215.15% and 88.02%.
According to our analysis, COMP needs to stay above $117.72 to potentially move towards the first important resistance level at $137.33. A breakout above $137.33 could lead to an increase in COMP to the next resistance level at $150.38. The third resistance is at $182.23.
If the price falls, the first support level to watch is $117.72. If this level does not hold, there may be further decline to the next support level at $98.24 #2024withBinance
