KuCoin Token Does it Again: Heads Down for the 4th Straight Day

The Hourly View for KuCoin Token

  • Currently, KCS’s price is down $-0.07 (-0.95%) from the hour prior.
  • It’s been a feast for bears operating on an hourly timeframe, as KuCoin Token has now gone down 8 of the past 10 hours.
  • From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
  • The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

KuCoin Token’s hourly price chart is shown below.

KCS

The Daily View for KuCoin Token

  • At the time of this writing, KCS’s price is down $-0.55 (-7%) from the day prior.
  • It’s been a feast for bears operating on the daily timeframe, as KuCoin Token has now gone down 4 of the past 5 days.
  • Regarding the trend, note that the strongest trend exists on the 50 day timeframe.
  • Of note is that the 20 day changed directions on KCS; it is now pointing down. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of KuCoin Token.

KCS

The Latest From KCS’s Blockchain

  • KCS’s average transaction value now stands at 7.6667.
  • Over the past 29 weeks, the trend for KCS’s daily transaction count has been choppy and unclear. It has oscillated between 0 and 53.
  • KCS has an average transaction value of 7.6667, down 14.81% from its value 1 days prior.

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