XRP Generates Bullish Divergence as Momentum Stalls

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XRP Generates Bullish Divergence as Momentum Stalls
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$XRP remains in the red for the third consecutive day

makes a higher low in spite of bearish price action. This suggests possible bullish momentum that can be interpreted as a buying opportunity by some traders.

The XRP token is down 1.66% over the last 24 hours, and the Ripple-affiliated cryptocurrency is now on track to record its third consecutive day in the red. The token is down roughly 13% over the last week even. On Oct. 14, it managed to soar roughly 7% after the U.S. stock market managed to mount a stunning comeback. However, this momentum quickly faded.hawkish policy remain front and center for market participants.

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