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Trade Idea: XRP SHORT

Opened 2025-10-07 23:45:45 · Valid until 2025-10-08 23:45:45 · Closed 2025-10-08 15:46:02
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 PENDING RR 2.50 Conf 75% Scalp hours
Entry 2.80000000
Stop 2.87000000
TP 2.75000000 / 2.70000000 / 2.65000000
Live 2.40000000
ROI 14.29% (vs entry)

Thesis and checks

The current bearish trend in XRP presents a strong opportunity for a short scalp trade.

  • 5m Chart: A recent lower high formation indicates selling pressure, suggesting a continuation of the downtrend.
  • 15m Chart: The RSI is showing divergence, confirming potential weakness in the price action and supporting a short position.

Trade ideas are educational. Manage risk and position size.