Flirting! Serum (SRM) Will Be More 'Beautiful' In The Crypto Market!

 Serum, an exchange decentralization (DEX) built on Solana’s blockchain ecosystem has caught the attention of investors when witnessing a good reputation in the market.

Along with the movement of the Bitcoin price became the impact on Serum producing 80% spikes consistently.

Recently, Serum shared an updated roadmap for building on DEX’s success.

Serum's continued path towards mass adoption.https: //

- Serum (@ProjectSerum) July 30, 2021

The updated roadmap develops a standard API interface to DEX Serum.

Project in the Serum ecosystem, develop market maker incentive programs, and optimize RPC server performance for DEX operations.

Looking at the SRM/USDT chart, the SRM price movement is seen to have hit its latest high around $ 4.29 in the past few days.

SRM started rising consistently at the end of July until the August market opening produced over 80% of the surge.

From a technical point of view, it seems that the price movement is now showing a downward trend to retest the SBR (support become resistance) zone around $ 3.8.

If the SRM price movement remains with the downtrend, the SBR zone around $ 3.8 will be tested first before continuing the decline to the lowest level or it is just a retracement.

However, if the price movement again shows an uptrend, the resistance zone around $ 4.2 will be the next focus to be tested again before making a higher rise.

Higher gains will occur if market sentiment supports stronger current price movements.

At the time of writing, SRM/USDT is trading at around $ 3.8 down over 1% in the last 24 hours. Coins are currently ranked 169th in the crypto market.

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