Trade Idea: XRP SHORT

Opened 2026-04-15 14:35:50 · Valid until 2026-04-16 14:35:50 · Triggered 2026-04-15 14:37:01 · Closed 2026-04-15 19:40:03

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 1.70 Conf 75% Scalp hours

Entry

1.38000000

Stop

1.39500000

Targets

1.36500000 / 1.35500000 / 1.34500000

Live price

1.44000000

Live ROI

-4.35% vs entry

Idea ID

#10587

Now Entry Stop TP

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Thesis and checks

Analyzing XRP on 5m, 15m, and 1h charts reveals a bearish confluence suitable for a scalp short trade.

5m chart: Price recently rejected resistance near 1.39 with a bearish engulfing candle, indicating short-term selling pressure.
15m chart: RSI is below 50 and trending down, confirming weakening momentum.
1h chart: Price is below the 20 EMA and 50 EMA, both sloping down, signaling a bearish trend.
Current price near 1.38 sits just below resistance, providing a tight stop at 1.395 and multiple profit targets close by for a high reward-to-risk ratio above 1.6.

Trade ideas are educational. Manage risk and position size.