The post Compound (COMP) Prices Fly High While Markets Undergo Extended Compression; Here are the Targets! appeared first on Coinpedia Fintech News
The compound price has been following a steep upswing since the beginning of the month and has surged over 120% to mark interim highs above $70. Presently, the bears are extracting some profits, so the prices are experiencing a minor pullback. However, the bulls also appear to be sure enough of the next price action, which intends to clear the crucial $65 resistance and reclaim the highs above $70.
The COMP price ended the June trade on a positive note and maintained a fine upswing throughout the first few days of July, which was followed by a correction. After closing in the red for six consecutive days, the COMP price bounced to 300 EMA. Now that the price has undergone enough bullish action, will it maintain the same momentum?
The compound has moved ahead of the others and surged by more than 10% in the past 24 hours. The EMA-300 appea
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