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FX.co ★ Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday January 26 2024.

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Crypto Analysis:::2024-01-26T04:58:03

Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday January 26 2024.

Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday January 26 2024.

With the appearance of deviation between price movement with Stochastic Oscillator as well as the the appearance of Bullish 123 pattern on the 4 hour chart of Ripple cryptocurrency, the in the near future, this cryptocurrency has the potential to appreciate upward where the level of 0,5181 will try to breaks in the near future and if this levels successfuly broken above, then Ripple has the potential to continue its strengthening up to the level 0,5542 as the main target and level 0,5877 as the second target if the momentum as well as the volatility supporting. But if on the way to those level target suddenly there is a weakness correction that down below the level 0,4954 then it is highly possible that the strengthening scenario that has been described before will be canceled and become invalid.

(Disclaimer)

Analyst InstaForex
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