1
KuCoin crypto price is trying to stabilize near the round level of $10.
2
The technical indicators imply a positive outlook above the 200-Day Exponential moving average in the long term.
KuCoin price started off lower on Monday after a positive closing in the last couple of sessions. At the time of writing, the crypto was hovering above the 20-Day EMA at $10.57 reporting a swift intraday loss of 0.85%.
Moreover, the KCS crypto seems to be stabilizing near the $10 level in the last couple of months after facing high volatility in the price in the earlier sessions. Looking precisely at the price value in the past few months, a breakout was noted on the daily charts in the earlier sessions of November 2023.
Thereafter, the KCS price gained traction and made its way to a high of $14 in December 2023. In the same period, the crypto delivered significant returns of nearly 200% to the investors and traders.
The buyers could not hold near
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