SCRT Technical Analysis: Extremely Bullish February Fuels Uptrend

The SCRT coin price shows a triple-digit growth in buying pressure and a rounding bottom breakout with a 12% jump. Will the uptrend surpass $7? Secret is a cryptographic network that offers data privacy smart contracts as a default. It allows users to create and run applications that are completely private and permissionless. Secret is the original currency used by the Secret Network. Nodes on Secret are able to perform generalizable calculations on encrypted data. This enables smart contracts to make use of sensitive and private information as input. Secret Network’s main focus is privacy in computation, not only transactional privacy. Let us move ahead to read about Secret technical analysis. Past Performance of SCRT The SCRT coin price finds bullish momentum with the start of February evident by the multiple candlesticks present in the daily chart. The price action shows a growth of 40% in the past week with a 150% jump in intraday trading volume. Moreover, the price shows a rounding bottom breakout and approaches the $7 mark. SCRT/USD Daily Chart SCRT Technical Analysis The SCRT coin price action shows a growth of 12% in the past 24 hours resulting in the breakout of the rounding bottom pattern with the neckline at $6.25. Moreover, the bullish trend continues to challenge the sellers at $7. The crucial Simple Moving Averages show the recent reversal gave lower price rejection near the 200-day average before unleashing the ...