<strong><em>Telos and Serum prices are wavy. However, SRM and TLOS bulls may flow back, lifting the token towards $2.2 and $12.5, respectively, in an uptrend resumption.</em></strong>
<h2>Telos (TLOS)</h2>
The platform is for speed and scalability powered by the <a href="https://www.cryptoknowmics.com/news/top-10-defi-tokens-to-invest-in-2021/">TLOS token</a>.
<h3>Past Performance of TLOS</h3>
Telos token uptrend momentum is fizzling out at the time of writing. Overall, the TLOS crypto is bullish, trending at around all-time highs.

The $1 level and October 2021 highs mark the TLOS token all-time high, the resistance level.
<h3>Day-Ahead and what to Expect</h3>
The Telos crypto price is cooling off after protracted periods of higher highs.

It is expected as per the TLOS technical analysis clear in the daily chart.

A sharp upswing above $1 would draw in buyers angling for $2.2 and beyond.

On the other hand, losses below this week's lows at $0.80 and the middle BB may see the TLOS price crumble to $0.50.
<h3>Telos Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/10/Telos-Daily-Price-Chart-for-October-20.png"><img class="alignnone size-full wp-image-217678" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/10/Telos-Daily-Price-Chart-for-October-20.png" alt="Telos Daily Price Chart for October 20" width="1366" height="768" /></a>

Market participants are confident of what lies ahead, expecting higher highs despite the retracement from peaks.

The TLOS coin candlestick arrangement in the daily chart might suggest strength. Still, the middle BB may define the short-term trend.

An upswing above $0.95 and October 17 highs could spark demand, lifting TLOS to $1.

Conversely, losses below $0.80 may ignite a sell-off back to September 2021 lows of $0.50.
<h2>Serum (SRM)</h2>
The DEX is on the high-performance Solana blockchain using SRM for <a href="https://www.cryptoknowmics.com/news/swipe-sxp-and-serum-srm-technical-analysis-what-to-expect/">governance</a>.
<h3>Past performance of SRM</h3>
As per the SRM technical analysis, the Serum token is under pressure but stable. The immediate support line lies at $7, while the 20-day moving average is the capping liquidation line.
<h3>Day-Ahead and what to Expect</h3>
The SRM crypto is consolidating. However, there are hints of weakness following steady lower lows in the past week of trading.

SRM/USDT prices have support at $7.

If sellers have the upper hand, the SRM token price could fall to $4—or worse.
<h3>Serum Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/10/Serum-Daily-Price-Chart-for-October-20.png"><img class="alignnone size-full wp-image-217677" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/10/Serum-Daily-Price-Chart-for-October-20.png" alt="Serum Daily Price Chart for October 20" width="1366" height="768" /></a>

The SRM/USDT price is inside a bull flag. Trending near the apex, traders expect a breakout in either direction.

Aforementioned, a dip may compound the misery for SRM coin holders as prices may crater to $4—or worse.

Conversely, if buyers flow back to mirror July to August gains, SRM crypto prices may float to $12.5 in a resumption of the original trend.

Telos (TLOS) and Serum (SRM) Technical Analysis: Upward Momentum Fizzling Out

In the technical analysis, Telos and Serum prices are wavy. SRM and TLOS bulls may flow back, lifting the token towards $2.2 and $12.5, respectively, in an uptrend resumption.

Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

Telos (TLOS) and Serum (SRM) Technical Analysis: Upward Momentum Fizzling Out

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