KuCoin Token is Trading -38.01% Below Our Price Prediction for Nov 14, 2023

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KuCoin Token is Trading -38.01% Below Our Price Prediction for Nov 14, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

KuCoin Token is up 3.62% today against the US DollarKuCoin Token is currently trading 38.01% below our prediction on Nov 14, 2023KuCoin Token gained 32.40% in the last month and is down -35.57% since 1 year agoKuCoin Token price$ 5.87KuCoin Token prediction $ 9.47 (64.35%)Sentiment NeutralFear & Greed index 69 (Greed)Key support levels$ 5.63, $ 5.53, $ 5.46Key resistance levels$ 5.80, $ 5.88, $ 5.98

KCS price is expected to rise by 64.35% in the next 5 days according to our KuCoin Token price prediction

KuCoin Token price today is trading at $ 5.87 after gaining 3.62% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.20% in the same time period. KCS performed poorly against BTC today and recorded a -0.37% loss against the world’s largest cryptocurrency.

According to our KuCoin Token price prediction, KCS is expected to reach a price of $ 9.47 by Nov 14, 2023. This would represent a 64.35% price increase for KCS in the next 5 days.

KCS Price Prediction Chart

Buy/Sell KuCoin Token

What has been going on with KuCoin Token in the last 30 days

KuCoin Token has been displaying a positive trend recently, as the coin gained 32.40% in the last 30-days. The medium-term trend for KuCoin Token has been bullish, with KCS increasing by 5.34% in the last 3 months. The long-term picture for KuCoin Token has been negative, as KCS is currently displaying a -35.57% 1-year price change. On this day last year, KCS was trading at $ 9.11.

KuCoin Token reached its all-time high price on Dec 01, 2021, when the price of KCS peaked at $ 28.79. The current KCS cycle high is $ 5.87, while the cycle low is at $ 3.56. KCS has been displaying low volatility recently – the 1-month volatility of the coin is at 7.20. KuCoin Token recorded 19 green days in the last 30 days.

KuCoin Token technical analysis for today - Nov 09, 2023

The sentiment in the KuCoin Token markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 5.63, $ 5.53 and $ 5.46, while $ 5.80, $ 5.88 and $ 5.98 are the key resistance levels.

Neutral sentiment for KuCoin Token

23 indicators are currently signaling a bullish prediction for KuCoin Token, while 11 indicators are showing a bearish forecast. With 68% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for KuCoin Token.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

KuCoin Token moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how KuCoin Token is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly ExponentialMA3$ 5.67 (BUY)$ 5.72 (BUY)--MA5$ 5.41 (BUY)$ 5.60 (BUY)--MA10$ 5.02 (BUY)$ 5.26 (BUY)--MA21$ 4.79 (BUY)$ 4.94 (BUY)$ 5.20 (BUY)$ 5.21 (BUY)MA50$ 4.62 (BUY)$ 4.74 (BUY)$ 6.67 (SELL)$ 6.68 (SELL)MA100$ 4.68 (BUY)$ 4.93 (BUY)$ 10.49 (SELL)$ 8.08 (SELL)MA200$ 5.80 (BUY)$ 5.68 (BUY)$ 8.08 (SELL)$ 7.80 (SELL)PeriodValueActionRSI (14)85.15SELLStoch RSI (14)90.34SELLStochastic Fast (14)90.48SELLCommodity Channel Index (20)66.67NEUTRALAverage Directional Index (14)48.49BUYAwesome Oscillator (5, 34)0.49NEUTRALMomentum (10)1.07NEUTRALMACD (12, 26)0.11NEUTRALWilliams Percent Range (14)-9.52SELLUltimate Oscillator (7, 14, 28)78.04SELLVWMA (10)5.08BUYHull Moving Average (9)5.51BUYIchimoku Cloud B/L (9, 26, 52, 26)5.06NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for KuCoin Token is at 85.15, suggesting that KCS is currently overbought.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of KuCoin Token over the last 50 days. Currently, KuCoin Token is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the KCS closing price for the last 200 days. KCS is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this KuCoin Token prediction

After considering the above factors, we can conclude that the current forecast for KuCoin Token price prediction is Neutral. KCS would have to increase by 64.35% to hit our $ 9.47 target within the next five days. Moving forward, it will be important to monitor the KCS market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term KuCoin Token price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

 
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