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TiagoCosta said:

Of course it can, if it was below the current position 24 hours ago. Even out of stock products, not selling 1 unit for hours and falling off the charts can still be green if 24 hours ago they were below that position.. it happens a lot with sudden lightning deals.

It doesn't go off a 24 hour cycle it's hourly. The XB1 bundle dropped to 3rd minutes after the arrow went from green to red.