10.02.202306:05 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday February 10, 2023.

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With the appearance of deviations between the Ripple cryptocurrency price movement and the Awesome Oscillator indicator and the appearance of the Pinbar Candlestick pattern on the 4-hour chart, Ripple has the potential to be corrected up to the level of 0.3881, however, please remember that Ripple's movement is currently still moving harmoniously in the Pitchfork channel which dipping downwards and Ripple's price movement is still moving below its Moving Average. After all, Ripple still has the potential to depreciate, especially if Ripple breaks below the 0.3705 level then it is very likely that the upward correction scenario described earlier will cancel itself.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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