The article discusses the potential for the KuCoin token (KCS) to see a breakout rally and reach $10 in November. It highlights the current recovery rally of KCS and the formation of a double-bottom pattern, indicating underlying bullish support. The article also mentions the bullish crossover of the MACD and signal lines and predicts that a breakout for KCS could reach the 50% Fibonacci level at $9.51. However, it warns that if the $8.75 support zone fails, potential support levels for KCS may drop to $8.60 and $8.35.
- Content Editor ( thecryptobasic.com )
- 2024-11-04
KuCoin Token Eyes $9 Break as Double Bottom Signals Reversal