P_S_trade

COMPOUND COMP price ready for x2 growth?

WHITEBIT:COMPUSDT   Compound / Tether US
Today, we liked the Compusdt trading pair on global 3 days chart.
It has not been analyzed for a long time, but now I liked that the Compusd price is moving in its own way, despite the maneuvers of the BTCusdt price.

In general, Compound Protocol is in the top 10 in terms of volumes of blocked resources (TVL) in DeFi protocols
Perhaps the individual behavior of the Compound price is somehow affected by this news: "DeFi project Compound has launched a lending service for institutional investors"
Or maybe something more interesting is being prepared in the project, which we will find out after the COMP price shoots up)

Summing up: while the COMP price is above $55, there is a good chance for x2 growth to the $100 area, where there is a strong liquidity zone.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more


🎁 -10% on ALL trading fees OKX
www.okx.com/join/10pstrade

🔥V-I-P cutt.ly/PwkLhT56

👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s

🔵Telegram t.me/pstrade_eng

Idées en relation

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.