KuCoin Token (KCS) Price Prediction 2023 – Will KCS Hit $20 Soon?

KuCoin Token Price Prediction 2022 — Will KCS Hit $30 Soon?
  • Bullish KCS price prediction is $8.774 to $14.513.                
  • The KCS price will also reach $25 soon.
  • Bearish KCS price prediction for 2023 is $6.257.


In KuCoin Token (KCS) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about KCS to analyze the future movement of the cryptocurrency.

KuCoin Token (KCS) Current Market Status

Current Price $8.67
24 – Hour Trading Volume $1,771,563
24 – Hour Price Change 4.8% up
Circulating Supply 97,385,672
All – Time High $28.83 (On December 01, 2021 )  
KCS Current Market Status (Source: CoinGecko)

What is KuCoin Token (KCS)?

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

KuCoin Token (KCS) holds the 56th position on CoinGecko right now. KCS price prediction 2022 is explained below with a weekly time frame.

KCS/USDT Ascending Scallop Pattern  (Source: Tradingview)

The above chart of KuCoin Token (KCS) laid out the ascending scallop pattern. Ascending scallops pattern is observed during a bullish rally. This pattern appears to be in the shape of a J that is slightly tilted to the right. A breakout above the pattern’s highest high is considered an upward breakout, while a breakout below the pattern’s low is considered a downward breakout.

More so, the theory explains that at the start of the pattern, there is a price drop. The drop is smaller, and it reverses back, resulting in a wider bottom. Following the reversal, the price continues to rise, and the entire pattern appears as a tilted J.

Currently, KuCoin Token (KCS) is at $8.63. If the pattern continues, the price of KCS might reach the resistance level of $9.197. If the trend reverses, then the price of LTC may fall to $8.104.

KuCoin Token (KCS) Support and Resistance Levels                         

The chart below shows the support and resistance levels of KuCoin Token (KCS).

KCS/USDT Support and Resistance Level (Source:  Tradingview)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of KuCoin Token (KCS).

Resistance Level 1$8.774
Resistance Level 2$11.219
Resistance Level 3$14.513
Support Level  $6.257
KCS/USDT Support and Resistance Level

The charts show that KCS has performed a bullish trend over the past month. If this trend continues, KCS might run along with the bulls overtaking its resistance level at $14.513.

Accordingly, if the investors turn against the crypto, the price of the KCS might plummet to almost $6.257, a bearish signal.

KuCoin Token (KCS) Price Prediction 2023 — RVOL, MA, and RSI

The Relative Volume (RVOL) of KuCoin Token (KCS) is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of KCS lies below the cutoff line, indicating weak participants in the current trend.

KCS/USDT RVOL, MA, RSI (Source: Tradingview)

Moreover, the Moving Average (MA) of KuCoin Token (KCS) is shown in the above chart. Notably, the KCS price lies above 50 MA (short-term), so it is completely in an uptrend. Currently, KCS is in a bullish state. There is a possibility of a reversal trend of KCS at any time.

Meanwhile, the relative strength index (RSI) of the KCS is at a level of 72.82. This means that KCS is nearly in an overbought state. However, this gives confidence to the traders to trade without any fear.

KuCoin Token (KCS) Price Prediction 2023 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of KuCoin Token (KCS). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

KCS/USDT ADX, RVI (Source: Tradingview)

The above chart represents the ADX of KuCoin Token (KCS). Currently, KCS lies in the range of 51.563, so it indicates a strong trend. 

From the above chart, the Relative Volatility Index (RVI) of KuCoin Token (KCS). RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of KCS lies above 50, indicating high volatility. In fact, KCS’s RSI is at 72.82, thus confirming a potential buy signal.

Comparison of KCS with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and KuCoin Token (KCS).

BTC Vs ETH Vs KCS Price Comparison (Source: Tradingview)

From the above chart, we can identify the trend of the ETH, BTC, and KCS is moving at the same level as the trend. This indicates that when the price of BTC increases or decreases, the price of ETH and KCS also increases or decreases respectively.

KuCoin Token (KCS) Price Prediction 2024-2030

Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of KuCoin Token (KCS) between 2024 and 2030.

KuCoin Token (KCS) Price Prediction 2024

With several upgrades in the network, KuCoin Token (KCS) might enter a bullish trajectory. If the coin grabs the attention of major investors, KCS might rally to hit $35 by 2024. 

KuCoin Token (KCS) Price Prediction 2025

If KuCoin Token (KCS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, KCS will rally to hit $40

KuCoin Token (KCS) Price Prediction 2026

If KuCoin Token (KCS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, KCS will rally to hit $45

KuCoin Token (KCS) Price Prediction 2027

If KuCoin Token (KCS) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, KCS will rally to hit $50. 

KuCoin Token (KCS) Price Prediction 2028

If KuCoin Token (KCS) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, KCS will hit $55.

KuCoin Token (KCS) Price Prediction 2029

If investors flock in and continue to place their bets on KuCoin Token (KCS), it would witness major spikes. KCS might hit $60 by 2029.

KuCoin Token (KCS) Price Prediction 2030

With greater advancements in the KuCoin Token ecosystem, the crypto community might continue to invest in KuCoin Token (KCS) for the next 8 years and drive significant price rallies for the token. Hence, KuCoin Token (KCS) might hit $65 by 2030.

Conclusion

With continuous improvements in the KuCoin Token network, we can say that 2023 is a good year for KCS. For this reason, the bullish price prediction of KuCoin Token (KCS) in 2023 is $14.513. On the other hand, the bearish price prediction of KuCoin Token (KCS) for 2023 is $6.257.

Furthermore, with the advancements and upgrades in the KuCoin Token ecosystem, the performance of KuCoin Token (KCS) might hit $25 gaining investors’ attention. It would also rise to reach above its all-time high (ATH) of $28.83 in the near future.

FAQ

1. What is KuCoin Token (KCS)?

KCS is the native token of KuCoin, which is a profit-sharing token that allows traders to draw value from the exchange.

2. Where can you purchase KuCoin Token (KCS)?

KuCoin Token (KCS) has been listed on many crypto exchanges which include KuCoin, ProBit Global, HitBTC and AscendEX.

3. Will KuCoin Token (KCS) reach a new ATH soon?

With the ongoing developments and upgrades within the KuCoin Token platform, KuCoin Token (KCS) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of KuCoin Token (KCS)?

On December 01, 2021, KuCoin Token (KCS) reached its new all-time high (ATH) of $28.83.

5. Is KuCoin Token (KCS) a good investment in 2023?

KuCoin Token (KCS) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of KuCoin Token in the past few months, KCS is considered a good investment in 2023.

6. Can KuCoin Token (KCS) reach $25?

KuCoin Token (KCS) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then KuCoin Token (KCS) will hit $25 soon.

7. What will be KuCoin Token (KCS) price by 2024?

KuCoin Token (KCS) price is expected to reach $35 by 2024.

8. What will be KuCoin Token (KCS) price by 2025?

KuCoin Token (KCS) price is expected to reach $40 by 2025.

9. What will be KuCoin Token (KCS) price by 2026?

KuCoin Token (KCS) price is expected to reach $45 by 2026.

10. What will be KuCoin Token (KCS) price by 2027?

KuCoin Token (KCS) price is expected to reach $50 by 2027.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.