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Market Overview
COMP/USD closed at 37.7, down 0.40% from the previous close of 37.85, continuing a downtrend with a 30-day return of -2.66%. The price remains below the 20-day SMA of 38.33 and the 5-day SMA of 37.82, indicating sustained bearish momentum. The 200-day SMA is not provided but the current technical setup suggests pressure near support at 37.64, with resistance around 39.12. The RSI and other momentum indicators point to weakening buying interest. No significant upcoming events are noted to influence price action imminently. For information only.
Last Updated 10/30/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.