Price Predictions

Compound (COMP) Price Prediction 2022, 2023, 2024 & 2025 – Will COMP Price hit Highs Beyond INR 60K in Next 5 Years?

Compound price

Key Takeaways

  • The Compound price closed the previous day’s trade at INR 2708.3 with a market capitalization of INR 18.75 billion and a circulating supply of 7,151,421.77 COMP
  • Compound price made a huge move towards the north halting the descending trend and laying down the foundation of a strong upward trajectory ahead
  • The COMP price is expected to maintain the same trajectory and reach the highs in the upcoming years by the ATH still appears distinct. 

Price Comparison Table (2017-22)

Year End of Year Price % Change
2017 NA NA
2018 NA NA
2019 NA NA
2020 INR 10,970.94 +54.99%
2021 INR 14,908.12 +26.40%
2022 INR 3,231.64* -361.31%

* At press time

Check the latest prices, charts, and data of COMP/USDT

Compound Price Prediction 2022: COMP Price Predicted to Reach INR 5800 to INR 6400 by end of 2022 

Compound price in the recent days has gained enough bullish momentum after hitting hard to the lowest levels around INR 2000. The buying pressure mounted appears to uplift the price for the next couple of days and the prices are expected to reach the desired target of close to INR 5000 by the end of Q2 2022. 

With the beginning of the second half of 2022, the prices are expected to range high and surpass INR 5000 quickly. Here the bearish action may drag the price lower to revisit the levels close to INR 4658. However, by the end of Q3, the prices may regain the levels above INR 5500 and attempt to hit INR 6000 but could fail. To end the yearly trade, the COMP prices may trade around INR 6000 after marking the yearly highs beyond INR 6400

Compound Price Prediction 2023: COMP Price Predicted to Reach INR 7000 to INR 8900 by end of 2023 

With a massive rejection from close to INR 6500, the asset may consolidate for a while with the beginning of 2023 trade. After accumulating some strength, the COMP price could rebound and attain one of the pivot resistance at INR 6700. By the end of Q2 trade, the COMP price is expected to hover around INR 6800 to INR 7000 levels. 

The second half of 2023 may witness a notable consolidation within narrow ranges for a pretty long time. However, stabilizing a significant upward momentum, the COMP prices may rise high beyond INR 7500 and head towards the next resistance at INR 8000. As the end of the 2023 trade approaches, the asset may inculcate a huge bullish momentum and range high beyond INR 8500 and settle around INR 8700 by the end. 

Compound Price Prediction 2024: COMP Price is Predicted to Reach INR 9500 to INR 10700 by end of 2024 

The Compound price may carry the same bullish momentum it closed the 2023 trade and quickly secured levels above INR 9,000 in the first few days. However, the major resistance lies around INR 9,615, clearing which the asset may achieve the milestone of 5-digit figures. To end the Q2 trade, the COMP price may hit these levels and also experience a pullback. 

The pullback may continue for some time during the Q3 trade, which could drag the price below INR 9,500. However, by the end, the prices could stabilize and regain the levels above INR 10,000. Further, a significant bullish momentum could pile up in the last quarter of 2024 that may uplift the price close to INR 11,000. To end the 2024 trade, the prices are expected to sustain strong above INR 11,000

Compound Price Prediction 2025: COMP Price Predicted to Reach INR 13500 to INR 14100 by end of 2025 

Since the beginning of 2025, COMP price may appear poised to rise high beyond INR 15,000 and hence may maintain a significant bullish trend. Further by the end of the first half of 2025, the COMP prices could trade above INR 12,000 and eventually settle above INR 12,500 to INR 12,800

The asset appears to quash the bearish impact each time and hence maintain a significant upward trend. Therefore, the end of Q3 trade may be above INR 13,000 after successfully testing the lower resistance and aiming to clear INR 13,331 at the earliest. To end the yearly trade, the COMP price is expected to hover around INR 14,200

How & Where to Invest in Compound (COMP)

Want to invest in the compound? Well, CoinDCX is the best-suited platform for all crypto-related requirements. Here you can buy, sell, invest, and trade your favorite crypto assets at the best prices in the market. All you need to do is register by downloading the CoinDCX mobile App on your smartphone and follow the further instructions. 

Once your profile is verified, fund your wallet and buy Compound. Investing now has become simpler & safer with CoinDCX’s Crypto Investment Plan (CIP). Here you can invest in any crypto in easy weekly installments. Therefore, start investing in Bitcoin & other cryptos with Crypto Investment Plan now!


Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].

The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


 

Share this Story

Check Also

Ripple Price Prediction: This is When XRP Price May Reclaim $1!

Key Takeaways: The Ripple (XRP) price closed the ...

GET ALL LATEST UPDATES ON YOUR EMAIL





    Categories

    Invest in Bitcoin, Ethereum, & other 200+ crypto assets.
    Download the app now, register & start with as low as Rs.100
    ios download link
    android download link
    qr code for download