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KuCoin Value Positive aspects 6.1% to $10.32 – The place to Purchase KCS

KuCoin is without doubt one of the common cryptocurrency exchanges. The KCS token powers the change and the whole KuCoin ecosystem. The KCS token is among the many altcoins performing nicely following the current surge in altcoins, attributed to BTC’s progress.

The KuCoin token is buying and selling at $10.32 on the time of writing after a 6.1% achieve in 24 hours.

KCS Value Evaluation

KCS Price Analysis Aug 4
Supply: Tradingview

KCS has been on a rising streak this week, following the positive aspects made by the broader cryptocurrency market. As a result of upswing, KCS has retested higher resistance ranges, and it’s now headed to retesting the resistance degree of $12. If KCS breaks previous $12, it might gear up for a rally in the direction of $15 and $17. Market alerts present KCS is an efficient purchase; therefore an uptrend attributed to purchasing assist might occur.

Nonetheless, if market assist fails, such an upswing may not occur, and KCS might retest decrease ranges. On this case, KCS might retest the decrease assist of $8. If a sharper correction occurs, the downtrend might cease at round $6 and consolidate at this degree.

At present, market assist is missing, provided that BTC has retreated to round $37K, and if altcoins mimic this pattern, we might see a dip in KCS.

The KuCoin blockchain has been creating actual use instances that led to a spike in KCS costs in mid-July. The blockchain introduced that it was internet hosting the KuKuSwap decentralized change. KuKuSwap is a decentralized finance (DeFi) protocol aimed toward boosting the buying and selling expertise and provides entry to new tokens.

The KuCoin blockchain can be seeking to improve its reputation and increase demand for its blockchain and Kucoin tokens. The agency not too long ago collaborated with Blockwiz, a advertising and marketing agency that can improve the hype surrounding KCS within the crypto group. Blockwiz was additionally concerned in a dogecoin marketing campaign for KCS.

The place to Purchase KCS

If you wish to purchase KuCoin tokens, you may create a cryptocurrency change account on the next platforms:

One of many dependable cryptocurrency exchanges the place you should purchase KCS is eToro. eToro is without doubt one of the main exchanges, and it helps a variety of cryptocurrencies and buying and selling pairs. eToro additionally fees low buying and selling charges and has user-friendly options.

The opposite platform the place you should purchase KCS is from the KuCoin change. Like eToro, KuCoin helps a copy-trading function that enables new merchants to be taught from market specialists. KuCoin additionally helps a variety of altcoins.

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