XRP Shows Bullish Divergence After Price Slump

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XRP Shows Bullish Divergence After Price Slump
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After erasing most of its post-court victory gains, XRP shows signs of a potential rebound

XRP, currently the fifth-largest cryptocurrency by market capitalization, experienced an RSI Bullish Divergence on its hourly chart, according to a crypto alert by 100eyes Crypto Scanner.

According to the latest CoinGecko, XRP traded at approximately $0.496, up 0.7% with a market cap of over $26 billion.A Relative Strength Index bullish divergence occurs when the price of an asset decreases while the RSI increases, often indicating potential for an upward price movement.

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