SCRT Technical Analysis: Overwhelming Uptrend Soon To Cross $6 Mark?

SCRT coin price shows a sudden surge in buying pressure resulting in a bullish engulfing candlestick and preparing the $6 breakout. Key technical points: SCRT prices have increased by 13.52% in the past 24 hours. In addition, the coin price surpasses all the crucial EMAs. Finally, the 24-hour trading volume of Secret is $31.82 Million, marking a 19.73% rise. Past Performance of SCRT SCRT coin price experienced a surge in buying support near the $4.5 mark resulting in a 17.87% rise to the $5.50 resistance. The recovery rally struggled to surpass the psychological barrier resulting in a consolidation range close to the 50 and 100-day EMA. However, on 1st April, the buyers regained trend control resulting in a 13% long bullish engulfing candlestick and testing the $6 mark. Source-Tradingview SCRT Technical Analysis SCRT coin price action shows a rise in selling pressure above the $6 barrier resulting in a long wick candle formation. Hence, a short retracement is possible to retest the bullish breakout. The crucial daily EMAs (50, 100, and 200-days) struggle to maintain a bullish alignment as the lines move close. However, a total bullish alignment can shortly be achieved with the 50 and 100-day crossover. RSI Indicator: The RSI slope shows a flat move below the overbought boundary after maintaining an uptrend with the support of the 14-day SMA. Hence, the indicator shows a solid uptrend in action and a high possibility of a $6 br...