KuCoin Token Price Prediction: KCS Plunges 16%, Is Day’s Top Loser as Expert Says This Bitcoin Derivative Could Be the Next Top Gainer

adminDecember 16, 2023

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KuCoin token price plummeted 16% in the last 24 hours. Deal for $10.92 As of 7:55 a.m. ET, trading volume had increased 90% to $1.3 million.

KCS Coin is listed on CoinMarketCap’s Top Losers list today. Weekly prices rose 15%.

KuCoin Token Price: Remains Bullish on Bullish Momentum

KuCoin price prediction chart

KuCoin price has recently experienced a significant rise, breaking out of its previous stable phase. This upward move began with buyers strongly supporting the price at the $4.45 level and led to an advance reaching the resistance level of $14.17.

However, with strong resistance levels, it looks like the bears are gaining control and causing prices to fall.

The trading price also violated the 50-day and 200-day simple moving averages (SMAs) representing the golden cross of $5.8, establishing short-term support and confirming the bullish momentum of KuCOin price.

The relative strength index (RSI) is trading at 65, above the neutral level of 50, and remains broadly bullish. If the bulls maintain momentum, RSI could return to the overbought level of 70.

KuCoin Token Price: Bulls Target June 2022 Highest $18

Bullish investors remain bullish and are likely to target the June 2022 high of $18 by the end of 2023. However, if the current correction persists, the bears could apply downward pressure and bring it back to the $8.43 support level, which is in line with the 50-period. SMA.

Because of these risks, investors may want to consider the BTCETF token, which has gained significant momentum and offers a strong alternative to KCS Coin.

BTCETF Token Presale Enters Final Stage: Buy Quickly

BTCETF Token The company successfully raised $4.15 million in funding, reaching the $5 million cap in the final stages of pre-sale.

final step #Bitcoin ETF It has begun! 🚀 pic.twitter.com/VvRpsaRKA8
— BTCETF_Token (@BTCETF_Token) December 14, 2023

BTCETF, an ERC-20 token, rewards holders based on the success of the spot Bitcoin ETF. The token can currently be purchased at a discounted price of $0.0068, but this price is expected to rise significantly once BTCETF is listed on major exchanges.

#secretary Establishes a new “cash repayment model”. #Bitcoin dot #ETFs Applicants influencing acceptance criteria.@InvescoEMEA At first, adopt it. @black stone Introduces “prepayment” to make Wall Street participation easier.
How can these models reshape ETF accessibility?#Bitcoin ETF have… pic.twitter.com/NN4nnfEJ2M
— BTCETF_Token (@BTCETF_Token) December 14, 2023

Earn BTCETF and earn high APY of 65%

Purchasing BTCETF tokens allows you to hold BTCETF tokens on the platform, giving you the opportunity to participate in the platform’s assets. Staking FeaturesIt achieved an impressive Annual Percentage Yield (APY) of 65%.

This attractive staking feature has caught the attention of numerous investors seeking passive income, especially as they anticipate a potential increase in token value upon the acceptance of a spot Bitcoin ETF.

YouTuber and cryptocurrency analyst Cilinix Crypto provides insight into the token’s potential, highlighting that widespread anticipation of the approval of a spot Bitcoin ETF is likely to generate significant enthusiasm and push the token price higher.

To participate in the pre-sale, please visit the following site. Bitcoin ETF official site Buy BTCETF tokens. Connect your Web3 wallet and exchange ETH and USDT for BTCETF tokens or purchase tokens directly using your bank card.