Trade Idea: XRP SHORT
Opened 2026-04-02 16:45:51 · Valid until 2026-04-03 16:45:51 · Triggered 2026-04-02 17:04:02 · Closed 2026-04-03 12:33:01
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 80%
Scalp
hours to 1 days
Entry
1.31000000
Stop
1.33500000
Targets
1.28000000 / 1.26500000 / 1.25000000
Live price
1.42000000
Live ROI
-8.40%
vs entry
Idea ID
#10077
Now
Entry
Stop
TP
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Thesis and checks
Analyzing XRP on multiple timeframes reveals a bearish confluence suitable for a scalp short trade.
- 5m chart: Price is below the 20 EMA with a bearish crossover on the MACD, indicating short-term downward momentum.
- 15m chart: RSI is below 50 and trending down, confirming selling pressure.
- 1h chart: Price broke below a key support level near 1.32, now acting as resistance, reinforcing the bearish bias.
- Stop loss is placed just above recent resistance at 1.335 to limit risk.
- Targets are set near recent support levels to maximize reward with a risk-reward ratio above 1.6.
Trade ideas are educational. Manage risk and position size.