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Trade Idea: XRP SHORT

Opened 2025-10-14 05:45:44 · Valid until 2025-10-15 05:45:44 · Closed 2025-10-14 07:47:01 · Triggered 2025-10-14 06:33:01
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 2.50 Conf 75% Scalp hours
Entry 2.50000000
Stop 2.55000000
TP 2.45000000 / 2.42000000 / 2.40000000
Live 2.41000000
ROI 3.60% (vs entry)

Thesis and checks

Current analysis of XRP indicates a short opportunity based on recent price action and technical indicators.

  • 5m Chart: A bearish divergence is forming as the price approaches resistance at $2.50, suggesting a potential reversal.
  • 15m Chart: The RSI is showing overbought conditions, reinforcing the likelihood of a downward movement.

Trade ideas are educational. Manage risk and position size.