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Trade Idea: XRP SHORT

Opened 2025-10-14 07:50:45 · Valid until 2025-10-15 07:50:45 · Closed 2025-10-15 07:51:02 · Triggered 2025-10-14 10:23:01
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 1.80 Conf 75% Scalp hours
Entry 2.45000000
Stop 2.60000000
TP 2.35000000 / 2.30000000 / 2.25000000
Live 2.40000000
ROI 2.04% (vs entry)

Thesis and checks

Considering the recent price action and technical indicators, a short scalp on XRP is advisable.

  • 5m Chart: A bearish divergence is forming, indicating potential downward momentum.
  • 15m Chart: The RSI is approaching overbought territory, suggesting a reversal may occur soon.

Trade ideas are educational. Manage risk and position size.