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28.03.202407:01 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement Ripple Cryptocurrency, Thursday March 28 2024.

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On the 4 hour chart of Ripple cryptocurrency, there is seems Rising Wedge pattern which happens to be a trendline above also shows the price deviation between those Cryptocurrency price with the confirmation of Awesome Oscillator indicator price movement which is below WMA 30 Shift 2, and also has the downward slope. Then, it can be confirmed that in the near future, Ripple will be weaken down although it can be there is a strengthening correction, but as long as those correction does not exceed the level 0,6333, then Ripple will continue its downward to the level 0,5986 as the main target and 0,5831 as the next target.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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