Coin Gabbar Token

Kucoin Token (KCS) has struggled to hold its key support against Tether (USDT) in recent times, despite a powerful recovery bounce that has seen it reach double-digit gains.The decline of Bitcoin (BTC) from a high of $25,200 to a region of $20,000 in recent days has damaged the price of other cryptocurrencies, including Kucoin Token (KCS).According to the<a href="https://www.coingabbar.com/en/crypto-currency/kucoin-shares-kcs-prices-usd" rel="noopener noreferrer nofollow"> price analysis, the price of KCS had a strong bullish bias</a> at $22, but that price was rejected, resulting in a greater negative trend for KCS.After two weeks of bearish sentiment, the price of KUCOIN appears to be prepared to recover from its critical support, which appears to be an area of interest for bulls.KCS is facing resistance around $11 after recovering from a low of $8.5; KCS should break this zone of resistance with significant buy volume to trend higher to $13.If the price of KCS fails to hold the support at $8.5, the price may fall to the $6 support level.The price of KCS on the 4H chart has remained weak, attempting to stay above the $8.5 support level; further purchase orders in this zone might see the price of KCS rise.As the price is oversold, KCS has formed a bullish divergence on the 4H chart; we might see a bounce from this zone for KCS price, as $9 could act as small support. If this area is flipped, the price will reach a high of $10.3.KEY LEVELS :RESISTANCE LEVEL : $9.00-$9.50SUPPORT LEVEL : $8.00-$7.00Get more crypto related updates on :- <a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow">https://www.coingabbar.com/en/crypto-news-english</a>

Cryptocurrency price update: KUCOIN(KCS) PRICE ANALYSIS : Bears eye on $8.00 after breakout of symmetric triangle

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