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Use mv command and make sure you do necessary changes in .profile so that when u login $ORACLE_BASE always points to the new directory.
since OS is Linux you can use softlinks(similar like synonyms in database), make use of it, it solves half of your problem.
mv <current folder/source> <new folder/destination>
Make sure to take care of /etc/oraInst.loc and also ensure to be able to run opatch lsinventory after move.