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KuCoin Token Price Analysis: KCS Spikes 100% Within a Month Frames Fresh High of $27.73

  • The KCS token price flies above the several EMA’s during intraday.
  • The 24-hour trading volume is at $62 million.
  • KCS/BTC pair is trading positive by 10.4% at 0.00041697 BTC.

Moving Average (EMA) In the KCS token daily price chart containing 8,13,21,55 EMA, it is a reliable support for currency price movements. Investors can find that price moves above the yellow line and guarantee an KCS uptrend as long as prices are above the moving average.

The volume (16.164 M) is below the 20-day moving average (42.184 M). The volume is low, so the cost is flattish during the intraday. Investors may also mark an increase in volume. This indicates that unusual changes are normal on the following trading days.

KCS Token Price Shows no Signs of Stepping Down

The daily price chart of the KCS token frames new higher highs. Depending on the price action, the support area is within $10- 12. On the flip side, the resistance range cant be predicted right now as the token is framing fresh highs.  

The RSI showed a signal of 63.58 (bullish) with a short-term buy sign. Investors may find that the indicator’s RSI line is running upside. A surge can happen on future trading days.

The MACD shows a (bullish) cross above the signal line on November 07, indicating a buy signal for the currency. In addition, investors can see green bars in the histogram indicator.

Conclusion

KuCoin Token price today is $25.08 with a 24-hour trading volume of $63,017,122. KCS price is up 11.3% in the last 24 hours. It has a circulating supply of 77 Million KCS coins and a total supply of 167 Million.

RSI and MACD indicate a buy signal. Traders have directed low volume. In fact, the cost is framing new higher highs. A market overview also shows that this pattern will continue to surge in the coming trading days.

Support Level: $10 & $12

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Nikhil Ingole: Mr, Nikhil Ingole is a Chief Editor at The Market periodical with over five years of technical analysis & trading experience in Forex and Crypto. As a commerce graduate, he has taken a keen interest in blockchain's future potentials in the financial industry. A keen cryptocurrency enthusiast, he is very supportive of new media projects, pioneer ideas and the Bitcoin community. He possesses strong technical, analytical skills and is well known for his financial market's informative analysis. Other than crypto, Nikhil Loves to watch his favorite football team and keep up to date with the latest Formula 1 racing.