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Trade Idea: XRP SHORT

Opened 2026-04-02 01:50:50 · Valid until 2026-04-03 01:50:50 · Triggered 2026-04-02 03:17:01 · Closed 2026-04-02 12:39:01
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 1.80 Conf 75% Scalp hours
Entry
1.32000000
Stop
1.34000000
Targets
1.29000000 / 1.27000000 / 1.25000000
Live price
1.44000000
Live ROI
-9.09% vs entry
Idea ID
#10047
Now Entry Stop TP
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Thesis and checks

Short scalp opportunity on XRP based on multi-timeframe confluence:

  • 5m chart: Bearish engulfing candle after a minor pullback indicating short-term selling pressure.
  • 15m chart: RSI divergence showing weakening momentum near resistance around $1.33.
  • 1h chart: Price rejected at a key resistance zone with volume spike confirming sellers' strength.
  • Stop loss placed just above recent resistance to limit risk.
  • Targets set near recent support levels close to current price for quick scalp with RR above 1.6.

Trade ideas are educational. Manage risk and position size.