• KuCoin Token (KCS) is an ERC-20 token running on the Ethereum network and is supported by most Ethereum wallets.
• The current market status of KCS is at $8.47 with 24 hour trading volume of $1, 867,244 and 24 hour price change of 3.5% down.
• Bullish KCS price prediction for 2023 is $8.774 to $14.513 and bearish prediction for 2023 is $6.257
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) Current Market Status
Current Price: $8.47
24 – Hour Trading Volume: $1,867,244
24 – Hour Price Change: 3.5% Down
Circulating Supply: 97,385,672
All – Time High: $28.83 (On December 01, 2021 )
KuCoin Token (KCS) Price Prediction 2023
KuCoin Token (KCS) holds the 60th position on CoinGecko right now with bullish KCS price prediction for 2023 being in between $8.774 to $14.513 and bearish prediction being at around $6.257.. The chart presented displays Descending Channel pattern which suggests that if this pattern continues then resistance level might reach up to 9091 else it may fall back down to 8494 level soon enough
Kucoin Token Support & Resistance Levels
The chart below shows support levels at 8494 & resistance levels at 9091 for Kucoin Token based upon its daily time frame analysis
Conclusion
In conclusion , Kucoin token could be witnessing high volatility due to its descending channel pattern as it’s still in its early stages but predictions suggest it could reach up till 14k USD in near future should all go well .