1
The KCS token signifies a neutral trend and has witnessed a trend reversal.
2
Technical indicators are suggesting a rebound ahead.
The KCS token price delivered a roller coaster move and reverted gains toward the origin near the $10 mark close to the 200-day EMA mark. Amidst a significant buying momentum and a jump of over 45% in gains last month, the sellers have succeeded in their mission, and bulls looked trapped at highs. On the charts, a fake breakout and a sharp rejection near the $15 mark came into the limelight, which led buyers to be trapped, and a sharp decline of over 38% in the past two weeks was witnessed.
At press time, the KuCoin token (KCS) price was trading at $10.37 with an intraday drop of 0.37%, reflecting neutrality on the charts. It has a monthly return ratio of -21.82% and 24.55% on a yearly basis. The pair of KCS/BTC is at 0.000153 BTC, and the market cap is $784.04 Million. Analysts are neutral and suggest that the
We współpracy z: https://www.thecoinrepublic.com/2024/04/06/kcs-revert-gains-toward-200-day-ema-is-major-correction-ahead/
