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Trade Idea: XRP LONG

Opened 2025-09-16 10:40:58 · Valid until 2025-09-17 10:40:58 · Closed 2025-09-17 10:52:58
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 75% Scalp hours
Entry 3.05000000
Stop 2.95000000
TP 3.15000000 / 3.20000000 / 3.25000000
Live 2.40000000
ROI -21.31% (vs entry)

Thesis and checks

The analysis of XRP indicates a strong bullish momentum.

  • 5m Chart: A bullish engulfing pattern has formed, suggesting a potential reversal.
  • 15m Chart: The RSI is trending upwards and is currently at 60, indicating strength.

Trade ideas are educational. Manage risk and position size.