Compound Price Prediction for Today, September 13

2 Mins read

Join Our Telegram channel to stay up to date on breaking news coverage

The Compound price prediction shows COMP breaking toward the resistance level of $45 as the coin moves to cross above the moving averages.

Compound Prediction Statistics Data:

  • Compound price now – $39.4
  • Compound market cap – $312.7 million
  • Compound circulating supply –7.8 million
  • Compound total supply – 10 million
  • Compound Coinmarketcap ranking – #90


Key Levels:

Resistance levels: $60, $65, $70

Support levels: $20, $15, $10

Compound Price Prediction for Today, September 13 - COMP Technical Analysis
COMPUSD – Daily Chart

COMP/USD is seen refreshing to the upside as the coin moves to cross above the 9-day and 21-day moving averages. While currently trading at $39.40, the Compound price may head toward the upper boundary of the channel to hit the nearest resistance level of $45. On the contrary, the seller may attempt to return to the market, but the bulls are likely to collect more on the price dips.

Compound Price Prediction: COMP Bulls May Push Higher

The Compound price may begin to maintain the upward movement if the newly touched $42.2 resistance level is maintained at all costs. At the moment, the technical indicator Relative Strength index (14) is seen moving to cross above the 40-level by creating more bullish signals, this could encourage more buyers to enter the market.

However, if the red line of the 9-day MA could cross above the green line of the 21-day MA, the Compound (COMP) may continue to perform well, and the market price may hit the resistance levels at $60, $65, and $70 respectively. Meanwhile, if the coin decides to make a quick turn back below the lower boundary of the channel, there may be a quick bearish drop which may likely roll the market down to the support levels of $20, $15, and $10.

COMP/BTC May Continue to Move Sideways

Against Bitcoin, the Compound price is trying to cross above the 9-day and 21-day moving averages as the price hovers at 1505 SAT. However, the technical indicator Relative Strength Index (14) also confirms the bullish movement as the signal line mores to cross above the 40-level.

Compound Price Prediction for Today, September 13 - COMP Technical Analysis
COMPBTC – Daily Chart

Moreover, as seen on the daily chart, the potential resistance level could be located at 2400 SAT and above but a lower sustainable move may likely cancel the bullish pattern which could attract new sellers coming into the market with the next focus on the support level of 700 SAT and below.

Compound Alternatives

The Compound price is expected to make a bullish cross above the 9-day and 21-day moving averages. Therefore, if the bulls defend the current market value of $39.4 the coin may continue its upward movement. However, any further bullish movement could then hit the potential resistance level at $50.

At the same time, the Wall Street Memes token has advanced to its conclusive stage, granting you the opportunity to acquire it at the current presale price before it becomes available on exchanges. Therefore, it has already garnered over $25 million in funding as it anticipates its official launch in the coming days.

Ends Soon – Wall Street Memes

Wall Street Memes
  • Early Access Presale Live Now
  • Established Community of Stocks & Crypto Traders
  • Featured on Cointelegraph, CoinMarketCap, Yahoo Finance
  • Rated Best Crypto to Buy Now In Meme Coin Sector
  • Team Behind OpenSea NFT Collection – Wall St Bulls
  • Tier One Exchange Listings September 27
  • Tweets Replied to by Elon Musk

Wall Street Memes

Join Our Telegram channel to stay up to date on breaking news coverage

Source link

Related posts

Shiba Inu Team Member Shares Update On SHIB Eternity Game, TREAT Token

2 Mins read
A recent update has revealed that the Shiba Inu team has been hard at work behind the scenes getting everything in place…

Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

2 Mins read
Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish…

Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference

1 Mins read
Following the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a…



Leave a Reply

Your email address will not be published. Required fields are marked *