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Trade Idea: XRP LONG

Opened 2026-02-28 19:40:49 · Valid until 2026-03-01 19:40:49 · Triggered 2026-02-28 20:23:01 · Closed 2026-02-28 20:35:02
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 CLOSED RR 1.75 Conf 78% Scalp hours
Entry
1.36000000
Stop
1.34000000
Targets
1.38000000 / 1.40000000 / 1.42000000
Live price
1.34000000
Live ROI
-1.47% vs entry
Idea ID
#8363
Now Entry Stop TP
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Thesis and checks

Analyzing XRP on multiple timeframes reveals a bullish confluence suitable for a scalp trade:

  • 5-minute chart: Price recently bounced off a short-term support level near 1.34 with a bullish engulfing candle, indicating immediate buying interest.
  • 15-minute chart: RSI is rising from oversold territory, confirming momentum shift upwards.
  • 1-hour chart: Price is above the 20-period moving average and forming higher lows, suggesting a short-term uptrend continuation.
  • The 24h change is positive (+0.35%), supporting bullish bias.
  • Risk-reward ratio is above 1.6 with tight stop loss below recent support and take profits near recent resistance levels close to current price.

Trade ideas are educational. Manage risk and position size.