Trade Idea: XRP SHORT

Opened 2026-01-11 15:55:41 · Valid until 2026-01-12 15:55:41 · Triggered 2026-01-11 15:57:01 · Closed 2026-01-11 20:23:01

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 1.75 Conf 78% Scalp hours

Entry

2.09000000

Stop

2.12000000

Targets

2.05000000 / 2.03000000 / 2.00000000

Live price

2.06000000

Live ROI

1.44% vs entry

Idea ID

#6697

Now Entry Stop TP

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Thesis and checks

Technical analysis across multiple timeframes suggests a short scalp opportunity on XRP.

5m chart: Bearish engulfing candle near resistance at $2.10 indicates immediate selling pressure.
15m chart: RSI divergence showing weakening momentum supports short bias.
1h chart: Price below 20 EMA with downward slope confirms bearish trend continuation.
Stop loss placed just above recent resistance at $2.12 limits risk.
Targets set near recent support levels at $2.05, $2.03, and $2.00 provide good reward with RR above 1.6.

Trade ideas are educational. Manage risk and position size.