From our previous idea, the price reached our short-term target for +15% profits.
As we can see now, finally the price broke out from the key resistance area of 21.20
We have a DAILY SOLID BULLISH CANDLE that broke out from that correction zone.
Only yesterday's candle movement was +12.80%. This is a clue that the price is supported by strong bullish momentum and it should continue moving higher.
First short term target is 23.50 and after that, the next target is 27.50
In the bigger picture, the price should continue a lot higher.
Also with the release of the new white paper, 📣20 million KCS will be Burned 🧨
Thank you and Good Luck!
Key Messages: ● Known as the “People’s Exchange”, KuCoin is a Top 5 Crypto Trading platform with over 600 coins and 10+ million users. ● KCC is a public chain project initiated and built by the developer community of KCS and KuCoin aims to solve the network latency and high gas fee of Ethereum. ● KCS is the native token of KuCoin Exchange and KCC. ● As the KCS whitepaper was released, the new era of KCS is dawning. ● With the vision of “from geeks to mass adoption”, KCS is building a blockchain-based value sell-circulation ecosystem. ● KCS will redistribute the 90 million KCS locked at the time of issuance, from which 20 million KCS will be directly burned. ● KCS will connect the world of both centralization and decentralization and will build a Web 3.0 ecosystem. ● KCS Management Foundation is established to empower the KCC ecosystem.
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