Is Serum Coin Ready for a Bounce Back, After a Sharp Decline? 

Is Serum Coin Ready for a Bounce Back, After a Sharp Decline? 

* Serum coin price is currently trying to maintain support near $0.1700 after a sharp fall from the higher levels.  
* The crypto asset over a longer time frame is placed near the lowest level of this year. 
* Volume in the last 24 hours has decreased by 15% to $177,444,066.

Source: TradingView
Serum coin at a longer time frame is placed below all major moving averages, while now the coin is trying to get stable near the $0.210. Serum Coin
SRM, in recent days, faced a huge sell-off after getting rejection from its 100-DMA line and witnessed a good spike in volume. Meanwhile, the crypto asset is now trying to sustain above its 52-week low of $0.17-$0.20. A shorter time frame indicates SRM has reached its support zone of $0.1800 to $0.2000. However, the coin is still struggling to overcome 20 and 50-day moving averages. Looking at the yearly chart, it seems SRM is under a strong grip of bears, whereas the bulls can get confidence if the coin manages to sustain above the 20 and 50 DM

Czytaj więcej

We współpracy z: https://www.thecoinrepublic.com/2022/12/11/is-serum-coin-ready-for-a-bounce-back-after-a-sharp-decline/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy