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KuCoin Price Analysis: KCS Price Strikes Multiple Resistance levels at $17

The KuCoin (KCS) price has significantly recovered within the last three weeks, while some major cryptocurrencies witnessed high volatility. The recovery rally has surged 80% and aims to challenge an important zone at $17.1-$17.5. However, can buyers undermine the bearish crossover of the 100-and-200-day EMAs?
Moreover, considering the hot topics in the crypto space, KuCoin has recently added LUNA and LUNC trading pairs to their Isolated Margin trading platform.
Key Points:

The KCS chart showcased concentrated resistance levels at the $17.1-$17.5 mark.
 The 100-and-200-day EMAs offer a bearish crossover.
The intraday trading volume of the KuCoin token is $12.3 million, indicating a 53.5% hike.

KCS/USDT Daily Price Chart – Source: KuCoin 
On May 6th, the KuCoin (KCS) price provided a confirmed breakdown of the $17.1-$17.5 support zone. Furthermore, losing this monthly support and May 2nd week sell-off intensified the ongoing selling pressure.
The post-retest fall tumbled the KCS p

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We współpracy z: https://coingape.com/markets/kucoin-price-analysis-kcs-price-strikes-multiple-resistance-levels-at-17/

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