XRP's daily chart analysis for Friday, 3/24
The standard deviation range and the ADX are both rising,
as the price has clearly broken above 1 standard deviation of BB,
it is judged to be a rising market.
Although the 2-sigma of BB shows a squeeze, the 200-day EMA is rising,
and the current price is above it,
so it is judged to be a rising market.
However,
the RSI is at Stage 3: the entrance to a downtrend,
and the long cycle is also at Stage 3: the entrance to a downtrend,
therefore a downturn may occur.
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