COMP Crypto Surges 50%: Is the $100 Mark Approaching?

1 min read
Source: AMBCrypto News
COMP Crypto Surges 50%: Is the $100 Mark Approaching?
Photo: AMBCrypto News
TL;DR Summary

COMP cryptocurrency has surged 50% in the past 30 days, driven by increased whale interest and reduced sell pressure, particularly in the DeFi sector. The token's price rose from $38 to $74, but it faces resistance near $80. A weekly close above $81 could pave the way for a potential rise to $100, although the RSI indicates a possible short-term cooldown. On-chain data shows strong accumulation and decreased sell pressure on exchanges, suggesting the uptrend might continue unless these factors reverse.

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