Serum - SRM - The tipping point - Total market cap 10.000B target long time: 216$
SRM/USDT is setting up for a bullish continuation on the 24 minute time frame. While it is hard to determine how the market will react to Bitcoin and Ethereum, Solana has been moving in the opposite direction. I would keep my eye out for this one and Ray as well. A lot of shitcoins in the Solana ecosystem are doing pretty well.
SRM is in the midst of flipping the resistance level to support. If the current 12H candle closes in the current fashion, I expect a massive upside to 18. The rounding formation at the bottom has the shape of a parabola. I intend to exit at 18. If you're a hodler, you might want to wait for higher prices. Good luck!
Nice breakout here, with volume, RSI during the dump was at cycle low and now this positive breakout may indicate the low is done and we can move back in a uptrend heading for new ATH later this month/October.
SRM / USDT SRM face previous ATH resistance If Breakout /retest = moon (like SOL and NEAR) If Rejected from here the next support will be the uptrend line (yellow) keep your eye on it !
My quick and dirty analysis: SERUM looks like it wants more. On a daily level as on a the hourly.
In SRMUSDT 4h The price rebounded after touched Fib level 0.618 and the lowest was (7.713). We got a hammer and I thought it confirm the support and Fib. level 0.618. We setup the plan like entry at the 8.595 TP1: Fib 1(10.150) TP2: Fib 1.272~1.382(11.815~12.489) TP3: Fib 1.618(13.934) TP4: Fib 2(16.273) SL: 7.713
Last chance to buy srm before it moons Buy it now.or regret all your life
SRM 1H support is at ~$8.7 Try to set some buy orders near the support zone If SRM holds above the trendline, the Take-Profit target would be $9.4, $10.8, and $11.9
short term long target to 11$ after solano, serum has to move
$SRM Nice bounce from the ~14k sats // .618 fib on the daily so far.. From here trying to see if it can show continuation above ~16k sats Many alts have been retracing over the last 72hs so let see if that correction is over or not Since entry on UCTS 1D Signal ~60% up #SMR
SRM just broke out of the $7 zone and is moving towards the $10 and $13 zone or even higher in September. But if it loses the $7 zone then we might consider buying back the SRM at $6 and 5$ 📈BUY 🔴Buy : 6.8-7.2$. SL if B 📉SELL 🔴Sell : 9.75-10.25$. SL if A 🔴Sell : 12.7-13.3$. SL if A ♻️BACK-UP 🔵Sell : 6.8-7.2$ if B. SL if A 🔵Buy : 5.85-6.15$ if A. SL if B 🔵Buy :...
Divergence is present on SRMBTC and with the SOL chain coins like RAY running, we can expect a huge run on SRM as well. SRM is a DEX on Solana and is currently ranked at #117 with a market cap of $350 Million. Comparatively, UNI is Ethereum's DEX and ranked at #11 with a market cap of $13 BILLION. That is 37 times the market cap of SRM.