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Trade Idea: XRP SHORT

Opened 2026-05-07 03:12:32 · Valid until 2026-05-08 03:12:32 · Triggered 2026-05-07 03:37:01 · Closed 2026-05-07 03:43:01
How this works. Pending means price has not hit entry. Live means entry was hit and the trade is active until TP or SL or expiry. Closed means TP or SL hit, or expired. Times are UTC. Educational use only.
SHORT CLOSED RR 1.50 Conf 75% Scalp 15-30 minutes
Entry
1.41000000
Stop
1.42000000
Targets
1.39500000 / 1.39000000 / 1.38500000
Live price
1.12000000
Live ROI
20.57% vs entry
Idea ID
#11208
Now Entry Stop TP
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Thesis and checks

Immediate short scalp opportunity on XRP based on short-term chart structure and momentum.

  • 1m and 5m charts show a recent lower high formation indicating bearish pressure near current price.
  • 15m RSI is slightly overbought and turning down, supporting a short bias.
  • Price is just below a minor resistance cluster around 1.415, providing confluence for a rejection.
  • Stop loss placed just above resistance at 1.42 to limit risk.
  • Targets set at recent minor support levels near 1.395, 1.39, and 1.385 for quick profit taking.

Trade ideas are educational. Manage risk and position size.