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Trade Idea: XRP SHORT

Opened 2025-10-15 20:35:41 · Valid until 2025-10-16 20:35:41 · Closed 2025-10-16 10:19:02 · Triggered 2025-10-15 20:39:01
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 2.00 Conf 75% Scalp hours
Entry 2.40000000
Stop 2.45000000
TP 2.35000000 / 2.32000000 / 2.30000000
Live 2.40000000
ROI 0.00% (vs entry)

Thesis and checks

The current market conditions for XRP indicate a potential short opportunity.

  • The 5m chart shows a bearish divergence with decreasing volume, suggesting a potential reversal.
  • The 15m chart has formed a resistance level at $2.4, which aligns with the current price, providing a solid entry point for a short position.

Trade ideas are educational. Manage risk and position size.