background

Compound (COMPUSD) Struggles to Reclaim $26.60 as Momentum Weakens

Compound
October 15, 2023

Compound (COMPUSD) Price Remains in the Mud Pool

Market Analysis: Price Remains in Mud Pool The test of the support level of $26.00 injected volatility into the Compound market. The sensitive region aided the influx of buyers. Within a few days, the COMPUSD price pumped almost three times its original price. A pullback from $70.50 provided an opp...
Read More
October 07, 2023

Compound (COMPUSD) Retraces Downward Following Resistance Invalidation

COMPUSD Analysis: The Market  Retraces Downward After An Invalidation Of The Diagonal Resistance COMPUSD retraces downward after an invalidation of a diagonal resistance. Following the upsurge in June 2023, the market expanded rapidly into the premium zone. The expansion ended its first phase with ...
Read More
October 02, 2023

Compound (COMPUSD) Continues Bullish Trend, Exiting Discount Zone

COMPUSD Analysis – Market Resumes Its Bullish Trend As Price Leaves The Discount Zone COMPUSD resumes its bullish trend as the price leaves the discount zone. The market turned bullish in June 2023 after a Change of Character (CHoCH) to the upside. At $86.00, a correction to the downside occu...
Read More
September 23, 2023

Compound (COMPUSD) Undergoes Second Major Correction

COMPUSD Analysis: Price Begins Its Second Major Correction As The Market Becomes Oversold COMPUSD is experiencing its second major correction as the market becomes oversold. This downtrend occurred after an unsuccessful attempt by the bulls to drive the price above $86.00. The MA Cross indicates th...
Read More
September 15, 2023

Compound (COMPUSD) Reverts From Discount As The Market Leaves Oversold State

COMPUSD Analysis: Price Reverts From Discount As The Market Leaves Oversold State COMPUSD reverts to a discount as the market leaves the oversold state. The RSI (Relative Strength Index) reveals that the market is oversold. This was because of the consistent depreciation of the Compound’s val...
Read More
September 09, 2023

Compound (COMPUSD) Retraces Upward As The Third Impulse Swing Ends

COMPUSD Analysis: The Market Retraces Upward As The Third Impulse Swing Ends COMPUSD retraces upward as the third impulse swing ends. The prior trend was bullish until the retraction of the price at the $86.00 resistance. The market is currently in a consolidation phase as it entered an oversold st...
Read More
September 01, 2023

Compound (COMPUSD) Keeps Declining Algorithmically Since Price Rejection At $86.00 Resistance

COMPUSD Analysis: The Market Keeps Declining Algorithmically Since Price Rejection At $86.00 Resistance COMPUSD has kept declining algorithmically since price rejection at $86.00 resistance. Following an exuberant expansion to the upside all through June and July 2023, COMPUSD hit $86.00. The upsur...
Read More
August 26, 2023

Compound (COMPUSD) Enters Discount Zone, Fails to Decline Further

COMPUSD Analysis: Market Fails to Decline Further As Price Enters Discount Zone COMPUSD fails to decline further as the price enters the discount zone. Following the breakout from the head-and-shoulders pattern, COMPUSD crashed massively into the discount zone. According to the Stochastic Oscillato...
Read More
August 19, 2023

Compound (COMPUSD) Exhibits Bullish Retracement Amid Market Overselling

COMPUSD Analysis: Price Makes A Bullish Retracement As The Market Becomes Oversold COMPUSD makes a bullish retracement as the market becomes oversold. As suggested by the RSI (Relative Strength Index), an upward expansion is currently looming. However, since the direction of the overall trend is be...
Read More
1 8 9 10 15