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Compound Experiences Bearish Breakout From Symmetrical Triangle

Compound
April 23, 2024

Compound (COMPUSD) Experiences Bearish Reversal

Market Analysis – Price Strikes Major Resistance Zone Compound (COMPUSD) has been embroiled in a protracted battle with resistance, particularly around the $74.460 mark, spanning nearly two years. Despite persistent efforts, the price has struggled to breach this significant barrier, with the...
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April 15, 2024

Compound (COMPUSD) Sellers Hints At Sell Breakout 

Market Analysis – Compound Remain in Consolidation Fold COMPOUND sellers hint at a sell breakout. Compound has been experiencing a consolidation phase in the crypto market, with the price struggling to gain momentum between the key levels of $76.820 and $68.250. This consolidation phase indic...
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April 07, 2024

Compound (COMPUSD) Bears Cling to Control

Market Analysis – Price Experiences a Rough Setback Compound bears cling to control. The compound price has traded through a tug-of-war between traders. The sellers attempted to breach the significant level of $68.370, but their efforts proved futile. On the other hand, the buyers showed dete...
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April 03, 2024

Compound (COMPUSD) Bears Tighten Their Grip Against All Buying Pressure

Market Analysis: Market’s Structure Shifts Downward Compound bears tighten their grip against all buying pressure. COMPUSD sellers have firmly taken control of the market, signaling a continuation of the downward trend that might persist for months. Despite the sudden breakout to the upside i...
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March 25, 2024

Compound (COMPUSD) Ready to Deploy Lower

Market Analysis – Sellers are Ready to Intensify Pressure Compound sellers are ready to deploy lower. The price of COMPUSD has been experiencing a downward trend for months. The buyers initially showed strength around the $76.460 significant level, but have since lost their trail. The struggl...
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March 18, 2024

Compound Price Bleeds Lower as Buyers Lose Strength

Market Analysis – A Tough Week for Buyers Compound price bleeds lower as buyers lose strength. The price of compound (COMPUSD) has experienced a significant decline, breaking below the crucial $83.790 level. This downward trend comes after a challenging week for buyers, who struggled to maint...
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March 10, 2024

Compound (COMPUSD) Bulls Lose Balance as Sellers Push Luck

Market Analysis: Compound Buyers Lose Control  Compound bulls lose balance as sellers push luck. The bullish trend began with a glimmer of hope as the price of the cryptocurrency surged above the significant level of $85.360. This initial recovery seemed to signal a potential comeback for the bulls...
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March 03, 2024

Compound (COMPUSD) Bulls Hang on as Sellers Push Lower

Market Analysis – Bullish Strength Pauses and Accumulate Compound bulls hang on as sellers push lower. Compound has seen its price appreciate over this week, inching closer to the significant level of $100.000. However, despite the market strength trading above the $88.170 price level, the mo...
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February 26, 2024

Compound (COMP/USD) Bulls Eye $70 Support Level

A significant breakout to the upside followed the convergence of the support and resistance levels that began at the start of the year. The Compound market commenced its upward movement on February 10th, gaining further momentum on February 22nd after establishing a strong support level at $56.92. ...
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