KuCoin has shown an intense sequence of breakouts and tight consolidation phases, signaling a trend-range day pattern. After establishing an early low, the price began to climb, with several ranges breaking to the upside, each move supported by Golden Cross signals on MACD. Despite some downward KuCoin breakouts, buyers remained active, preventing a complete reversal. RSI oscillated between oversold and overbought zones, fuelling both pullbacks and renewed pushes higher. The pattern has continued into the early hours of April 23, with the KuCoin price holding its upward bias. The price action suggests bullish control, at least in the short term. Let’s take a look at KuCoin price analysis to see what’s going on.
KuCoin Price Analysis of April 23, 2025
After marking the day’s low at $9.66, KuCoin spiked to the upside and formed a range. The range broke out to the upside at 04:00 UTC, supported by a Golden Cross of MACD. Another range is visible in the price of KuCoin. This time, the range broke out to the downside at 11:00 UTC, supported by a Death Cross of MACD. However, the spike was not followed by a downward movement in KuCoin’s price. Instead, price formed another range, which indicates that there might be strength left in buyers. At the same time, at 11:00 UTC, RSI dropped below 30.
Indicating oversold market conditions, which also helped in the formation of the range. The third range broke out to the upside at 14:40 UTC, supported by a Golden Cross of MACD. At the same time, RSI moved above 70, indicating overbought market conditions. The price of the KuCoin token spiked to the upside and formed another range. This fourth range also broke out to the upside at 21:20 UTC, supported by a Golden Cross of MACD. Another minor range appeared, again breaking out to the upside at 23:55 UTC.
KuCoin Price Prediction for April 23, 2025
The early hours of 23rd April started with a spike from the minor range of yesterday, and the KuCoin price again formed a minor range, which broke out to the upside at 02:20 UTC and continued its journey to the upside. As seen from yesterday’s analysis, KuCoin is currently in a trending range day, meaning there will be a breakout soon, followed by a range. The range again broke out to the upside and was followed by another range until a strong breakout of a range to the downside was confirmed and followed through. Until then, the KuCoin token could continue its upward journey.
Uptrend Intact, But Caution Warranted
The KuCoin price continues to trend higher, supported by a consistent cycle of KuCoin breakouts and consolidation. As long as this structure holds, where ranges break upward and are followed by momentum, the bullish outlook remains intact. A breakdown from one of these ranges, followed by actual downside continuation, would be the first sign of trend exhaustion. Until then, buyers are defending key levels well. Traders should stay alert to MACD and RSI shifts for early signals. With strong participation, the KuCoin token may continue climbing unless momentum visibly weakens or key support levels give way.
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