SCRT coin price shows a sudden surge in buying pressure resulting in a bullish engulfing candlestick and preparing the $6 breakout.

Key technical points:
<ul>
 	<li style="font-weight: 400">SCRT prices have increased by 13.52% in the past 24 hours.</li>
 	<li style="font-weight: 400">In addition, the coin price surpasses all the crucial EMAs.</li>
 	<li style="font-weight: 400">Finally, the 24-hour trading volume of Secret is $31.82 Million, marking a 19.73% rise.</li>
</ul>
<h2>Past Performance of SCRT</h2>
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.

<img src="https://s3.tradingview.com/snapshots/t/T1SfeXTS.png" alt="TradingView Chart" />

Source-<a href="https://www.tradingview.com/x/T1SfeXTS/">Tradingview</a>
<h2>SCRT Technical Analysis </h2>
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 breakout.

MACD Indicator: The MACD and signal lines maintain an uptrend with a growing bullish spread in the positive territory. Moreover, the bullish histogram shows a solid uptrend in action.

In a nutshell, the SCRT technical analysis reflects the high possibility of the $6 breakout.
<h2>Upcoming Trend </h2>
The SCRT/USD chart projects a surge in underlying bullishness as the crypto market recovers. Hence, buyers can drive the uptrend above the $6 barrier and reach the $6.75 mark.

However, a fallout below the $5.5 mark will result in a price fall to the 200-day EMA.

Support Levels: $5.5 and $5

Resistance Levels: $6 and $6.7

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.

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

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

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