THIS PATTERN SHOWS #COMP 'S INTENTION TO DO THIS NEXT PRICE ACTION!

If you're looking for an in-depth analysis of COMP, then, you're in the right place.

Here's why.

COMP has been moving below its major support since the decline that happened from 2020-2022. It continues to move in a ranging market structure below these major supports that once held it. Now, it's accumulating strength and can possibly breakout after some minor and major tests. More demands will continue to show up once the acknowledgement of other traders will pop up within these zones. The more this token experiences its downward strides, it would potentially cause a high bounce to happen. As of the moment the major resistance that was created is still at 100. Anytime soon, this would be broken and will potentially cause another major resistance to be tested.

Stay wise, trade cautiously.

#GAINERSPACK #EARNINGDAILY #CRYPTOWORK #MARKETMOVEMENT
$COMP $SUPER $CKB

Compound: Revolutionizing Decentralized Lending and Borrowing in DeFi

Compound is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without intermediaries. Built on Ethereum, Compound enables users to earn interest by lending their crypto assets to liquidity pools or to borrow assets by collateralizing their own holdings. The interest rates on Compound are determined algorithmically based on supply and demand, ensuring fair market rates.

Its native token, **COMP**, is used for governance, giving holders the power to propose and vote on protocol upgrades and changes, ensuring that the platform remains decentralized and community-driven.

By 2025, Compound could play a major role in shaping the future of decentralized lending and borrowing, with continued innovations and integrations expanding its use case within the DeFi ecosystem. As more traditional finance moves toward blockchain solutions, Compound’s position as a leader in the DeFi space will likely strengthen.

#CompoundFinance #DeFi #CryptoLending #Blockchain #COMP

TOP 10 #TVL ON #ARBITRUM

$AAVE $GMX $UNI #PENDLE #COMP #GRAIL $BIFI $CRV $REZ $VRTX

#COMP massively jumped with the market upmove &tapped out the major resistance level $57.70-$58.50.Price rejected sharply from there & go down below to the resistance zone $53.00-$53.10. Price may develop short-term bearish structure. Shorts below $49.20 only &buys above $54.10

#COMP has been in a consolidation range and facing heavy resistance over the major resistance zone of $57.70 - $58.50.
No opportunity for buys and short below, if price breaks $56.00, which is hourly support 🔶
#Binance #crypto2023 #dyor #BNB

#COMP looking in daily TF probably #NFA

$COMP Major Trendline Breakout on the 3-day timeframe Chart..!!

#crypto2023 #crypto #COMP #defiprotocols #breakout_expert

#COMP HAS ALSO LOOSE IT SUPPORT.

WAIT FOR CORRECTION TO $43 BEFORE DOWNWARD CONTINUATION.