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[Yusra31]

Compound (COMP) has expanded significantly in the last year as a result of its DeFi capabilities. The price has increased, although not as much as its competitors, with an increase of only 85 percent in the last year. Unfortunately, 99 percent other cryptocurrencies, including COMP, follow BTC's price motion, leaving the remainder of the market stagnant.A break out of its falling wedge pattern, on the other hand, could indicate that a trend change is on the way...

COMP blasted through its main resistances of $265 and $285 after breaking clear of the 45-day falling wedge. COMP has been tinkering with its key resistance zone of 330$-357$ since then..

 

[Josemendez]

Comp is one of the cryptocurrency with huge use cases and they have actually attracted a lot of investors to themselves who benefit from their product.

 

[Niftyicon]

COMP has remained in the same range it was during the last huge crash and it hasn't been able to reach even half of its past ATH. Before the crash it was trading at over $800 but now it is struggling to hold above $300.

 

[Brain]

COMP has remained in the same range it was during the last huge crash and it hasn't been able to reach even half of its past ATH. Before the crash it was trading at over $800 but now it is struggling to hold above $300.

I'm wondering could be the cause of the less rise back. I know there's something wrong somewhere I'm just wondering what could possibly be happening

 

[SCAMEXPOSER]

COMP has remained in the same range it was during the last huge crash and it hasn't been able to reach even half of its past ATH. Before the crash it was trading at over $800 but now it is struggling to hold above $300.

It is currently at $308, which is still far from it all time high, if you check most altcoins and DeFi they aren't recovering in the same pace with bitcoin.

 

[Niftyicon]

It is currently at $308, which is still far from it all time high, if you check most altcoins and DeFi they aren't recovering in the same pace with bitcoin.

You are right about that but with how comp performed before the market crash, it would have been unbelievable that it could remain at such price even after the market recovered especially when compared to other coins with similar use cases.

 

[Wisdom01]

The coin really do have lot of potential ,I have checked the coin on coinmarketcap ,I would look for an exchange platform that would suit me because I want to purchase the coin