Trade Idea: XRP SHORT
Opened 2026-02-28 14:00:53 · Valid until 2026-03-01 14:00:53 · Triggered 2026-02-28 14:54:02 · Closed 2026-02-28 19:36:02
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.
SHORT
CLOSED
RR 1.70
Conf 75%
Scalp
hours
Entry
1.33000000
Stop
1.34500000
Targets
1.30500000 / 1.29000000 / 1.27500000
Live price
1.34000000
Live ROI
-0.75%
vs entry
Idea ID
#8341
Now
Entry
Stop
TP
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Thesis and checks
Short setup identified on XRP based on multi-timeframe analysis:
- 5m chart: Bearish engulfing candle near resistance at $1.33, indicating immediate selling pressure.
- 15m chart: RSI divergence with price failing to break above recent highs, signaling weakening momentum.
- 1h chart: Price below 20 EMA and 50 EMA crossover bearish, confirming downward trend continuation.
- Stop placed just above recent minor resistance at $1.345 to limit risk.
- Targets set near recent support levels at $1.305, $1.29, and $1.275 for good risk-reward ratio above 1.6.
Trade ideas are educational. Manage risk and position size.