FieryTrading

🔥 KuCoin Token Showing Remarkable Strength

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KUCOIN:KCSUSDT   KuCoin Token / Tether
KCS has been one of the few tokens which has seen very strong price action after bottoming late January. Even during the recent sell-off, KCS investors were reluctant to dump their coins, which kept the price at a very decent level.

As seen on the chart, the $17.85 support area has held yet again. This area has been a very strong support area in the last couple of months.

Assuming that we're going to see some kind of BTC relief rally in the coming days, I'm expecting that KCS will see further bullish price action towards the $21.2 area. Potentially $23 if the macro outlook gets better.

Happy trading!

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