SCRT USDT Secret Technical Analysis

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By Frans van Elst

Secret logo In this Secret technical analysis, we will examine the current price action, trading volume, key levels and indicators for SCRT-USDT. Secret (SCRT) is a privacy-focused cryptocurrency that utilizes cutting-edge technologies like zero-knowledge proofs and homomorphic encryption to protect users’ transactions and personal information. With its innovative features and strong emphasis on security, Secret has gained popularity among those seeking enhanced privacy and anonymity in the digital asset space. Additionally, Secret’s unique architecture enables decentralized applications (dApps) to be built on top of the platform, further expanding its use cases and potential impact.

Secret Price Overview:

As of July 08, 2024, Secret is trading at approximately 0.2515 USDT. Let’s dive into the detailed price action for SCRT-USDT:

Navigate Secret’s (SCRTUSDT) potential downturns at 2.52e-01 USDT with bearish technical analysis, emphasizing weakened support and cautionary indicators.

Metric Value
Open (O) 0.2408
High (H) 0.2553
Low (L) 0.2325
Close (C) 0.2515
Volume (C) 2,339,261.00
  • Open (O): The opening price for today’s trading session was approximately 0.2408 USDT.
  • High (H): Secret reached a daily high of around 0.2553 USDT.
  • Low (L): The daily low for SCRT-USDT was approximately 0.2325 USDT.
  • Close (C): At the time of analysis, Secret is trading near its daily close of 0.2515 USDT.
Metric Value
1D Change (%) 4.57%
3D Change (%) 4.31%
7D Change (%) -16.75%
30D Change (%) -27.69%
90D Change (%) -58.06%
YTD Change (%) -48.84%

Over the past three days, SCRTUSDT has experienced a notable surge of approximately 4.31%, indicating increased market volatility. In contrast, its performance over the last week was marked by a decline of around -16.75%, suggesting a shift in investor interest. A 30-day analysis provides a more comprehensive perspective, revealing a downward trend of approximately -27.69% despite intermittent fluctuations. Looking further back at the past 90 days, SCRTUSDT has witnessed a substantial decrease of approximately -58.06%, reflecting a loss of long-term confidence. Year-to-date, the cryptocurrency has steadily decreased by around -48.84%.

Secret Live Chart:

You can access a live price chart for SCRT-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.


Price Volatility and Momentum:

  • Volatility score is 0.63051.
  • Momentum score is -0.18687.

SCRT USDT Technical Analysis

Secret Trading Volume:

The trading volume for Secret (SCRT) over the past 24 hours has been insignificant, with approximately 2,339,261.00 USDT traded against SCRT. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): SCRT is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Secret is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for SCRT-USDT is currently in the low zone, around 37.51244. This suggests that Secret is in bearish territory.

Analysis from TradingView:

Our Key Takeaways: Secret (SCRT-USDT) appears to be experiencing short-term bearish momentum, with key support and resistance levels currently in focus for traders and investors. To capitalize on potential trading opportunities, it’s essential to monitor the USDT monthly resistance level and the USDT support level closely. Furthermore, the low RSI reading and lack of significant trading volume are warning signs that may indicate a downward movement is imminent, as highlighted by the bolded text in red.

Navigate Secret’s (SCRTUSDT) potential downturns at 2.52e-01 USDT with bearish technical analysis, emphasizing weakened support and cautionary indicators.

For a deeper dive into the subject, don’t miss our comprehensive analysis on SCRT BTC Secret Technical Analysis if you found this post intriguing.

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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