Lawmakers Push to Ban Betting on 2024 Presidential Election
CFTC Election Betting Concerns: Several U.S. lawmakers are urging the Commodity Futures Trading Commission to ban betting on the 2024 presidential election, citing risks of influencing outcomes and undermining public trust in democracy, especially as significant amounts have been wagered on platforms like Polymarket.
Crypto Crime Legislation and ETH Transfer: Senators introduced a bill to enhance the Secret Service's powers against crypto-related crime, while the U.S. government transferred 300 ETH valued at approximately $699,000 amid Ethereum's recent price struggles, attributed to market downturns and lack of demand.
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Technical Analysis for SCRT
Technical Sentiment Analysis for Secret (SCRT) As of , Secret (SCRT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SCRT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SCRT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Secret (SCRT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0339 | 0.0574 | 0.0804 | 0.104 | 0.127 | 0.15 | 0.173 |
| Fibonacci | 0.0574 | 0.0752 | 0.0862 | 0.104 | 0.122 | 0.133 | 0.15 |
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