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Trade Idea: XRP SHORT

Opened 2025-10-10 22:15:48 · Valid until 2025-10-11 22:15:48 · Closed 2025-10-10 23:03:02
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 1.75 Conf 75% Scalp hours
Entry 2.25000000
Stop 2.30000000
TP 2.20000000 / 2.15000000 / 2.10000000
Live 2.40000000
ROI -6.67% (vs entry)

Thesis and checks

The current market sentiment for XRP shows a significant bearish trend, making a short scalp a viable option.

  • The 5m chart indicates a recent breakdown below a key support level at $2.27, suggesting further downside potential.
  • The 15m RSI is showing overbought conditions, indicating a likely reversal in the short term.

Trade ideas are educational. Manage risk and position size.