tcr_thecoinrepublic

COMP Price Breached EMA-8 & 13, What’s Next ?

Long
BINANCE:COMPUSD   COMP
COMP price traded at $556 with a gain of 8.74% in the last 24-hour and 5.43% down in the weekly time frame. Furthermore, COMP price plunged from the resistance of $640. In contrast, the market capitalization stands at $2.78 billion. Technically, investors can perceive a positive crossover in the EMA, and the price is above the 55-EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the resistance of $640 in future trading sessions.

Resistance: $640
Support: $445

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