KCS/BTC - KuCoin Holds Well Versus Bitcoin! Is it enough?🧐

While on the USD pair KCS is fighting to stay above $19 (see the related idea below), on the BTC pair, KuCoin Token is doing much better and has maintained its value against BTC.

So far price has managed to stay within a nice range with resistance at 5k statoshi. A break above this key level would see KCS outperform Bitcoin which would be quite impressive.

It is too early to tell, but for now KCS is holding well at these price levels. Nevertheless, holding versus Bitcoin will not be enough if prices against the USD continue to fall.

Usually altcoins perform worse than Bitcoin, but in this case, KCS is an outlier and this is a show of strength.

Bias on this chart is neutral. I recommend you also read my KCS/USD analysis for a complete picture.

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