Serum Price Analysis for 20th of September: SRM/USD Is Preparing to Take Off ByAzeez MustaphaPRO INVESTOR Updated: 20 September 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The price action of SRM/USD has maintained the same support level since the 4th of July. The price just keeps bouncing off the price level of $0.746. However, when we look at the resistance, we can see that the levels are falling (lower highs). The support lines and the resistant lines are now converging. This type of trendline convergence will result in a bullish market very soon. Serum Market Price Statistic: SRM/USD price now: S0.777 SRM/USD market cap: $204,096,956 SRM/USD circulating supply: 263,244,669 SRM/USD total supply:1,092,844,982 SRM /USD coin market ranking: #132 Key Levels Resistance: $0.824 $0.850, $0.900 Support: $0.715, $0.700 $0.650 Buy Serum Now Your capital is at risk Serum Market Price Analysis: The Indicators’ Point of View Traders begin to sell after the price reached above the height of the $0.800 support level. As a result of this, the MACD line crossed the signal line to the negative side. However the MACD line did not go too far; instead, it ranges sideways along with the MACD line. It will take an outlook from a smaller timeframe to be able to predict the soon possible direction of the market. From the MACD and the RSI we can see that the market is just trying to recover from the downside. Before we can call this market bullish, indicating lines must cross up above the point of equilibrium. Serum: SRM/USD 4-Hour Chart Outlook After the price bounced off the support trend line, it began to trend up. Now, it is like the market is forming resistance at $0.793. And because of this, the price consolidates briefly in this timeframe. The bullish trend seems to be weakening. And there is no sign of recovery yet. For now, the price is stable at the current price. Related How to Buy Tamadoge Visit Tamadoge Website Join Our Telegram channel to stay up to date on breaking news coverage