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Serum is recovering after earlier SRM hammering. However, bulls need to clear $4.5 for uptrend validation. Meanwhile, DAO Maker is solid and prices may glide to $9.
Serum (SRM)
The DEX is built around an on-chain central limit order book and matching engine using SRM as the primary token.
Past Performance of SRM
The Serum coin is stable at spot rates following days of lower lows.
Still, reading from the performance in the daily chart, SRM crypto prices are trending below the middle BB.
Day-Ahead and what to Expect
SRMUSDT prices are capped at $4.5 to the lower side and the middle BB on the upper hand.
As it is, sellers are in an advantageous position.
Therefore, if Serum crypto bulls fail to edge past $6 and the flexible resistance line, SRMUSDT may tank back to $4.5 in sell trend resumption.
Serum Technical Analysis
Serum token prices are under pressure.
The gravity and selling momentum of the past few weeks may force the coin below $4.5.
However, if there is a confirmation of the recent higher highs, unwinding steep losses of November 26 above $6, there might be hope for buyers targeting $7.
On the other hand, losses below $4.5 open SRM for a bitter drop, possibly to $2.5—Q3 2021 lows.
DAO Maker
The DeFi platform is redefining venture capital for the masses using DAO for governance.
Past Performance of DAO
The DAO Maker token is defying gravity at press time, soaring higher to register new Q4 2021 highs.
A glance at the DAO technical analysis of the daily chart points to participation, fanning a solid upside.
Day-Ahead and what to Expect
After a brief period of DAO token hesitation, price action is revived and DAO coin buyers are squarely in control.
Technically, DAOUSDT is within a bullish breakout pattern.
Therefore, as long as prices are above $3.5, buyers may eventually drive the coin towards 2021 highs of $9.5.
DAO Maker Technical Analysis
The DAO uptrend is clear. Buyers are in the driving seat, as emphasized above.
Notably, DAOUSDT upthrust is with increasing trading volumes.
Since DAO prices are with increasing momentum as bars band along upper BB, every low may be entries for determined bulls.
The next feasibly target for DAOUSDT prices is at H1 2021 highs at $9.