While being deemed as overvalued while it is first released, COMP price action has been very volatile yet impressive. It rises quickly to around 270 level and also quickly reversed to 160. Now it seems there is some buying power in that level and broke through two intra days high and now it is challenging another one. Although it is interesting, buying from here may require a less favourable risk to reward ratio. But it maybe more reasonable to buy if the coin consolidate a bit in the right side.
Let see what will happen
Stay safe and healthy~