Trade Idea: XRP LONG

Opened 2026-01-16 21:00:42 · Valid until 2026-01-17 21:00:42

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 1.75 Conf 78% Scalp hours

Entry

2.08000000

Stop

2.04000000

Targets

2.12000000 / 2.15000000 / 2.18000000

Live price

2.07000000

Live ROI

-0.48% vs entry

Idea ID

#6934

Now Entry Stop TP

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Thesis and checks

Multiple timeframes indicate a short-term bullish momentum suitable for a scalp trade.

5m chart: Price shows a bullish engulfing candle near support at $2.06, signaling immediate buying interest.
15m chart: RSI is rising from oversold levels, confirming momentum shift upward.
1h chart: Price is above the 20 EMA and forming higher lows, indicating sustained short-term strength.
Risk-reward ratio is favorable at 1.75 with tight stop loss just below recent support.

Trade ideas are educational. Manage risk and position size.