SRM Maintains its Swing Highs

Serum (SRM) Price Prediction – July 9
It has been that Serum’s trending worth has refused to decline as it maintains its swing highs against the US Dollar. Based on its trending-worthy note, the crypto has clamped higher against the Coinmarketcap site. Price is currently trading around $0.9695 at a 9.68% positive.

SRM Price Statistics:
SRM price now – $0.9942
SRM market cap – $262 million
SRM circulating supply – 263.24 million
SRM total supply – 1.1 billion
Coinmarketcap ranking – #113

Serum (SRM) Market
Key Levels:
Resistance levels: $1.25, $1.50, $1.75
Support levels: $0.50, $0.40, $0.30

SRM/USD – Daily Chart
The STORJ/USD daily chart showcases the crypto-economic price maintains its swing highs Smaller-bullish candlesticks occurred around the baseline of $0.77. And it eventually led to an emergence of a bullish candlestick during yesterday’s session. A bullish candlestick is in the making presently to signify bulls have not lessened the catalyst to the downside. The 14-day SMA indicator is underneath the 50-day SMA indicator. The Stochastic Oscillators have crossed northbound against variant ranges close to the range point of 80.

Will there be higher-ups in the SRM/USD market operations?

The bullish-trending sign in the SRM/USD market operations has put the crypto on a sustainable feature of ups as it maintains swing highs above the trend line of the 14-day SMA. Buyers and investors may have a better chance of joining the current force to the moon side as long as the price tends to hold stronger above the level of $0.8897. A fearful reversal from a high point against the value line will pose a for the market to revisit its previous lows around the support baseline.

On the downside of the technical analysis, the SRM/USD market bears may soon be preparing to push against the subsequent upward motions around the $1.42 resistance level at the minimal point. Erratic northward around the resistance-trading line mentioned. And that of the $1.50 resistance will let sellers regain their stances, especially when a stable bearish candlestick around the the50-day SMA indicator.

SRM/BTC Price Analysis

Serum has had two notable candlesticks engulfing the last bearish candlesticks formed to represent the previous corrections in valuation against the trending worth of Bitcoin. The cryptocurrency pair price maintains its swing highs around the trend line of the bigger SMA. The 14-day SMA indicator is underneath the 50-day SMA indicator. The Stochastic Oscillators have crossed northbound to reach the range of 40. The base crypto may hold stronger in its upward swinging against the counter crypto.

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