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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 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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February 17, 2024

Compound Shows Weakness Amidst Breakout Indications

Market Analysis – Buyers Are Hoping for a Breakout The compound shows weakness amidst breakout indications. Compound, a decentralized finance (DeFi) protocol, has garnered attention from traders and investors alike. In recent days, there have been indications of a potential breakout in the pr...
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February 10, 2024

Compound Price Shrinks as Buyers Fight for a Way Out

Market Analysis – Compound Price Appears Quiet  Compound price shrinks as buyers fight for a way out of the current market conditions. This week, the crypto price has been running on low momentum, with a continuous decline in price over the past few weeks. Unlike the beginning of the year, wh...
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January 27, 2024

Compound (COMPUSD) Buyers Struggle to Gain Momentum

Market Analysis – COMPUSD Buy Momentum Slows Down Compound buyers struggle to gain momentum. Buyers of Compound cryptocurrency are currently facing challenges as they struggle to secure more wins in the market. Despite their efforts, they lack the necessary strength to achieve a significant b...
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