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Trade Idea: XRP LONG

Opened 2026-01-11 12:25:48 · Valid until 2026-01-12 12:25:48 · Closed 2026-01-12 05:26:02
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.
LONG PENDING RR 1.80 Conf 75% Scalp hours
Entry
2.10000000
Stop
2.05000000
Targets
2.14000000 / 2.17000000 / 2.20000000
Live price
2.06000000
Live ROI
-1.90% vs entry
Idea ID
#6690
Now Entry Stop TP
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Thesis and checks

Scalp opportunity identified with confluence across multiple timeframes indicating a short-term bullish reversal near current price.

  • 5m chart: RSI shows oversold conditions with a bullish divergence forming, suggesting a bounce is imminent.
  • 15m chart: Price is holding above a key support zone at $2.08 with a bullish engulfing candle confirming demand.
  • 1h chart: MACD histogram is rising from negative territory, indicating momentum shift to upside.
  • Risk-reward ratio of 1.8 meets criteria with tight stop below support and targets near recent resistance levels.

Trade ideas are educational. Manage risk and position size.