Trade Idea: XRP SHORT
Opened 2025-10-10 21:25:41 · Valid until 2025-10-11 21:25:41 · Closed 2025-10-10 21:35:02
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.
SHORT PENDING RR 2.50 Conf 75% Scalp hours
Entry 1.88000000
Stop 1.92000000
TP
1.84000000 / 1.80000000 / 1.76000000
Live 2.41000000
ROI
-28.19%
(vs entry)
Thesis and checks
Given the significant 24h change of -32.4949%, XRP is currently in a bearish trend. The following analysis supports a short position:
- 5m Chart: A bearish engulfing pattern has formed, indicating strong selling pressure.
- 15m Chart: The RSI is showing overbought conditions, suggesting a potential reversal.
Trade ideas are educational. Manage risk and position size.