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KuCoin Token (KCS) Price Prediction 2022 – Will KCS Hit $20 Soon?


  • Bullish KCS price prediction is $9.951 to $17.280.
  • KuCoin Token (KCS) price might also reach $20 soon.
  • Bearish KCS  price prediction for 2022 is $8.073.

In KuCoin Token’s (KCS) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about KCS to analyze the future movement of the cryptocurrency. 

KuCoin Token Current Market Status

According to CoinGecko, the price of KuCoin Token (KCS)  is $8.95 with a 24-hour trading volume of $ 1,751,586  at the time of writing. However, KCS has decreased by nearly 0.6% in the last 24 hours.

Moreover, KuCoin Token (KCS)  has a circulating supply of 97,771,842 KCS. KuCoin Token (KCS)  trades in cryptocurrency exchanges such as KuCoin, AscendEX, ProBit Global and HitBTC

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 2022

KuCoin Token (KCS) holds the 57th position on CoinGecko right now. KCS price prediction 2022 is explained below with a daily time frame.

KCS /USDT Falling Wedge pattern (Source: Tradingview)

The above chart of KuCoin Token (KCS)  laid out the Falling Wedge.In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. This pattern indicates a breakout in the price trend towards an upswing. 

From the above chart, we can interpret that the momentum of the downtrend is slowing down.

Currently, KuCoin Token (KCS)  is in the range of $8.955  If the pattern continues, the price of KCS  might reach the resistance levels of $9.931, $10.960 and  $12.749. If the trend reverses, then the price of KCS may fall to  $8.765.

KuCoin Token (KCS) Support and Resistance Level

The below chart shows the support and resistance level of KCS.

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

From the above daily time frame, it is clear the following are the resistance and support levels of KCS.

Resistance Level 1 $9.951
Resistance Level 2 $12.346
Resistance Level 3 $14.482
Resistance Level 4 $17.280
Support Level $8.073
KCS Resistance & Support Level

The charts show that KuCoin Token (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 $17.280.

Accordingly, if the investors turn against the crypto, the price of KuCoin Token (KCS)   might plummet to almost $ 8.073, a bearish signal.

KuCoin Token Price Prediction 2022 — 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.

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

Meanwhile, the relative strength index (RSI) of the KCS is 41.52. This means that KuCoin Token (KCS)  is in an oversold state. However, this means a major price reversal of KCS may occur in the upcoming days. So, traders need to trade carefully.

KuCoin Token Price Prediction 2022 — ADX, RVI

Let us now look at KuCoin Token’s Average Directional Index (ADX). 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.

The above chart represents the ADX of KuCoin Token (KCS) . Currently, the ADX of KCS lies in the range of 17.280 and thus, it indicates a weak trend.

The above chart also represents the Relative Volatility Index (RVI) of KuCoin Token (KCS) . RVI measures the constant deviation of price changes over a period of time. The RVI of KCS lies above  50, indicating high volatility. In fact, the RSI of KuCoin Token (KCS)  is at 41.52 thus confirming a potential bought signal.

Comparison of KCS with BTC, ETH

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

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

From the above chart, we can interpret that the price action of KCS is similar to BTC and ETH. This indicates that when the price of  BTC and ETH  increases, the price of KCS increases.When the price of BTC and ETH decreases,the price of KCS decreases.

KuCoin Token (KCS) Price Prediction 2023

If the declining price action completely slows down in momentum and the trend reverses,  KuCoin Token (KCS) might probably attain $25 by 2023.

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 $30 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 $35. 

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 $40.

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 $45. 

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 $50.

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 $55 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 $60 by 2030.

Conclusion

With continuous improvements in the KuCoin Token Network, we can say that 2022 is a good year for KCS. For this reason, the bullish price prediction of KuCoin Token (KCS)  in 2022 is $17.280. On the other hand,  the bearish price prediction of KuCoin Token (KCS)  price prediction for 2022 is $ 8.073.

Furthermore, with the advancements and upgrades to the Basic Attention Token ecosystem, the performance of KCS would help to reach above its current all-time high (ATH) of $28.83 very soon. But, it might also reach $20 if the investors believe that KCS is a good investment in 2022.

FAQ

1. What is KuCoin Token?

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 KCS?

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

3. Will KCS reach a new ATH soon?

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

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

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

5. Is KCS a good investment in 2022?

KuCoin Token (KCS) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of KCS in the past few months, KCS is considered a good investment in 2022.

6. Can KuCoin Token (KCS) reach $20?

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 $20 soon.

7. What will be the KCS price by 2023?

KuCoin Token (KCS) price is expected to reach $25 by 2023.

8. What will be the KCS price by 2024?

KuCoin Token (KCS) price is expected to reach $30 by 2024.

9. What will be the KCS price by 2025?

KuCoin Token (KCS) price is expected to reach $35 by 2025.

10. What will be the KCS price by 2026?

KuCoin Token (KCS) price is expected to reach $40 by 2026.

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

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