Is Compound currently in an uptrend?
According to analysts, the answer is no. Since September 7, 2021, Compound has been on a long-term downswing, decreasing in value by -85.88 percent. The 200-day moving average is currently 39.73 percent less than the current price, 0.87 percent less than the 100-day moving average, and -3.16% lower than the 50-day moving average.
The Compound Forecast for 2023
The one-year forecast is generally seen as the most accurate.
Some analysts were optimistic, predicting a 12-month price target of $67.76. Others were much less optimistic, with an anticipated price of $51.44.
The most recent average price target for the following year is $58.61, which is the most crucial number.
This indicates that Compound may rise by 0.57% over the next year.
COMP - Relative Strength Forecast
COMP - Trend Prediction
COMP - Price Volatility Prediction
COMP - Relative Strength
COMP - Momentum Forecast
The Future of Compound In 2025-2030
The future of Compound looks bright according to ten analysts who predict that the cryptocurrency will reach $59.28 by March 2025. In five years, the price of Compound is expected to be $59.96, and by 2030, it is anticipated to reach $60.99.