• KuCoin Token (KCS) is the native token of KuCoin, an exchange that allows traders to draw value from the exchange.
• Statistics, price patterns, RSI, RVOL and other information about KCS is used in order to analyze the future movement of the cryptocurrency.
• The current market status of KCS is at $8.47 with 24-hour trading volume of $1,867,244 and a 24-hour price change of 3.5%.
What is KuCoin Token (KCS)?
KuCoin Token (KCS) is the native token of KuCoin, which is a profit-sharing token that allows traders to draw value from the exchange. It was established as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. KuCoin has also announced that Empowering KCS will be a priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. It employs the standard encryption protocol that ensures that user data and data transfers within the system are hidden from other users.
KuCoin Token (KCS) Price Prediction 2023
In KuCoin Token (KCS) price prediction 2023, we use statistics, price patterns, RSI, RVOL and other information about KCS to analyze its potential for growth in future months or years. Currently, Ku Coin Token (KSC) holds the 60th position on CoinGecko right now. The bullish prediction for KSC’s price in 2023 is $8.774 to $14.513 while its bearish prediction for 2023 stands at $6.257.
Kucoin Token(KSC) Current Market Status
The current market status of KSC shows it trading at $8.74 with 24 – Hour Trading Volume standing at $1 867 244 and with 24 – Hour Price Change standing at -3% down year-on-year since December 01 2021 when it reached its All Time High pricing mark of 28$83 USDT per coin .
Support & Resistance Levels
The chart below shows us clearly interpretable support & resistance levels for Kucoin Token(KSC). From this daily time frame we can see resistance level 1 priced at 8$77 USDT per coin while support level 1 stands at 8$49 USDT per coin .
Conclusion
From this analysis we can conclude that while there’s an expected bullish trend for KSC in 2023 reaching prices up to 14$513 USDT per coin , there’s also still potential for bearish trends dropping prices down to 6$257 USDT per coin . Regardless it’ll be interesting to follow how this cryptocurrency does throughout this upcoming year !