Compound (COMP), a decentralized finance (DeFi) platform, has experienced a decline in value, with its price dropping by 3.41% against the US Dollar in the last 24 hours. The cryptocurrency market as a whole has also seen a decrease, with the total market cap falling by 3.53% in the same time period. COMP has underperformed against Bitcoin (BTC), recording a 3.36% loss.

In the last 30 days, Compound has displayed a negative trend, with the coin losing 3.67%. The medium-term trend for COMP has been bearish, with the price dropping by 27.74% in the last three months. The long-term picture for Compound is also negative, as the coin is down 9.45% since one year ago.

The current market sentiment for Compound is bearish, with the Fear & Greed index reading "Greed." Key support levels for COMP are $46.29, $45.27, and $44.55, while key resistance levels are $48.02, $48.74, and $49.76. Despite the current bearish sentiment, our Compound price prediction expects the coin to reach $52.06 by November 5, 2023, representing a 14.79% price increase in the next five days.

It is crucial to monitor the market sentiment, key support and resistance levels, and other metrics for Compound. However, the cryptocurrency markets are unpredictable, and even the largest crypto assets display significant price volatility.