The 72nd-largest cryptocurrency peaked for the day at $14.847 before correcting lower on interim profit-taking sentiment. The move downside accompanied decent volumes, alerting that the sell-off momentum could continue across the European and the U.S. sessions. At the time of writing, the KCS/USDT exchange rate was approximately $14, up more than 100% on a month-to-date timeframe (MTD). Therefore, KuCoin's bearish correction appeared as an attempt to neutralize its overextended upside momentum. The cryptocurrency's relative strength index (RSI) on one-day charts popped above 70 following its latest price spikes, a reading that technical terms the underlying asset as "overbought." The RSI continues to float above 70, alerting about KuCoin interim downside risks before it attempts to break above the technical resistance around $15 (as shown in the chart above).
KuCoin Share is an exchange coin that can pose a strong competition to Binance Coin in terms of usability, popularity, and positive price action. Last year has been great for KCS as it had put up nearly 65% gains, a marvelous feat for its holders and traders on the KuCoin exchange. Moreover, KCS has been in the green for the duration of the last month, and it is up by 10% in the last seven days. What can you say, it's a great time to own KuCoin Shares!
KuCoin Share is an absolute archrival of Binance Coin in terms of usability and general popularity. The 52nd place on CoinMarketCap speaks for itself. KCS fuels the KuCoin cryptocurrency exchange, so it would be logical for this platform to have the largest trading volume which amounts to 91% of all traded KCS. I like trading this cryptocurrency because it puts up impressive price swings from time to time, allowing me to make money in both short and long positions.
KCS was such a no brainer after the announcement from Binance about their IEOs. IEOs have taken the spotlight and are the main profit makers at the moment. KCS's Spotlight platform is such a signal that KuCoin is set on competing directly with Binance. This inly makes sense that they would go head to head with such a large exchange so they can benefit from increased trading. KCS is only poised to grow further from this point on.
Anyone else notice that exchange coins are MOONING? The reason is because the new concept of IEO (initial exchange offerings). Everyone is following what Binance did and this is making coins like Huobi and KCS to moon non stop. It makes a ton of sense to hold these coins, and about 4 month ago it was being talked about very quietly. There were a few of us that called this move during that time, but most people didn't jump on because they didn't believe KCS would decide to do an IEO.
KCS is one of my first cryptos I bought last year. This and Binance Coin are basically the smartest moves in crypto right now. As more people use their platforms the more they gain in value. KuCoin is basically like getting dividens.
Good exchange. No problems with it. But after the introduction of KYC it became less attractive, though tokens from my portfolio trade actively there.
* Crypto Rating accepts no liability for content of the KuCoin Shares reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 86% | 26 | $66 773.23 | 0.18% | 7.06% | $1 314 710 337 779 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 77.2% | 48 | $3 237.39 | 0.97% | 6.48% | $395 104 432 408 |  |
|
| 3 |  USDT |
Tether predictions | 95.6% | 1 | $1.000316 | -0.02% | 0% | $109 874 941 393 |  |
|
| 4 |  BNB |
Binance Coin predictions | 82.8% | 22 | $610.24 | 1.73% | 14.63% | $91 250 989 887 |  |
|
| 5 |  SOL |
Solana predictions | 71.2% | 64 | $159.52 | 2.37% | 20.96% | $71 314 526 201 |  |
|
| 6 |  USDC |
USD Coin predictions | 95.6% | 2 | $1.000074 | 0% | 0% | $33 853 658 998 |  |
|
| 7 |  XRP |
XRP predictions | 67.6% | 60 | $0.552108 | 1.24% | 11.57% | $30 437 224 685 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 70.4% | 54 | $0.162254 | 0.66% | 6.08% | $23 365 464 220 |  |
|
| 9 |  TON |
Toncoin predictions | 67.2% | 60 | $5.73 | -4.85% | -6.82% | $19 873 789 996 |  |
|
| 10 |  ADA |
Cardano predictions | 70% | 60 | $0.506916 | -2.37% | 12.47% | $18 061 873 468 |  |
|
| 11 |  SHIB |
SHIBA INU predictions | 64% | 82 | $0.000027 | 1.87% | 22.93% | $16 123 176 503 |  |
|
| 12 |  AVAX |
Avalanche predictions | 68.4% | 59 | $39.05 | -0.67% | 15.00% | $14 762 272 929 |  |
|
| 13 |  DOT |
Polkadot predictions | 72.8% | 57 | $7.40 | -0.68% | 12.60% | $10 630 052 761 |  |
|
| 14 |  WBTC |
Wrapped Bitcoin predictions | 84.4% | 26 | $66 801.35 | 0.31% | 6.82% | $10 379 842 547 |  |
|
| 15 |  STETH |
Lido stETH predictions | 90.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
