- KCS coin price is currently seeing a strong upside momentum and can soon see a new high. It is trading with a gain of more than 1.8% in the intraday session.
- Technical indicators of KUCOIN suggest a strong upside momentum in price. In contrast, KCS/BTC pair is seeing a gain of more than 2.8% in the past 24 hours.
KCS coin price is currently seeing a strong upside momentum and can soon jump above the $20 in the future. KuCoin’s price is up by more than 2.2% and is trading near the value of $14. The asset has an ROI of more than 1830% and has benefitted retail and institutional investors for a very long time. The bounceback region of the KCS in the downtrend can be seen around $10. Meanwhile, the hostile region of the KuCoin while going upwards can be found at around $17.One can forecast strong growth in KCS in the future.
KuCoin token market cap along with the market dominance is seeing a speedy recovery which can soon push it to the top. The volume of the coin is also seeing a steady growth which can act as a strong catalyst to push the price to a new high. One can invest in KCS as per their needs and risk adversity.
Bulls Of KCS Coin Are Looking To Push The Price To A New High
KCS coin is currently trading with strong bullish momentum in the weekly technical chart. On coming to the daily chart there is a formation of a strong bullish engulfing pattern which can push the price to a new high. The asset price is currently trading above the 50 and 100 Daily Moving Average. The 50 DMA is near $11 which can act as temporary support for the price. If the coin price jumps 15 to 20% above the current level then a strong bullish trend can be seen. If the asset price crosses above $18 then a momentum till $25 can be seen. KCS/BTC pair can also see a new high in the future.
Conclusion
Kucoin is currently seeing a strong upside momentum which can push the price to a new high.KCS/BTC pair can also see a new high in the future. One can invest in KCS as per their needs and risk adversity.
Technical Levels
Major Resistance: $20
Major Support: $10