1
Active address analysis indicates an increase in users and transactions, suggesting a potential rise in demand and value for the token.
2
The CMP is at $12.16 with an intraday increase of 7.39%, the price structure is facing resistance from dynamic resistance of 20-day and 50-day EMAs.
The KuCoin chart displays the contradiction between the volatility with the price movement. On evaluation, it shows that the KuCoin crypto has witnessed wonderful growth in earlier sessions up to mid-March 2024. But a recent chart shows that it failed to jump supply and declined, volatility has not declined much yet.
Moreover, the KuCoin asset suggests that there are strong sellers, the buyers are trying to improve their ground but not succeeding, and the sellers might drag the price downwards.
A closer look at the chart shows that both asset volume and price declined mid-March onwards. That meant a lack of interest and activity in the market for the KuC
We współpracy z: https://www.thecoinrepublic.com/2024/03/28/will-kucoin-crypto-continue-to-surge-or-fall-under-bear-pressure/
