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Trade Idea: XRP SHORT

Opened 2025-10-16 21:35:42 · Valid until 2025-10-17 21:35:42 · Closed 2025-10-17 07:35:02 · Triggered 2025-10-17 06:53:01
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 2.30000000
Stop 2.35000000
TP 2.25000000 / 2.20000000 / 2.15000000
Live 2.40000000
ROI -4.35% (vs entry)

Thesis and checks

Shorting XRP is recommended based on the following analysis:

  • 5m Chart: A bearish divergence is observed, indicating potential downward momentum.
  • 15m Chart: The price has broken below a key support level, reinforcing the likelihood of a further decline.

Trade ideas are educational. Manage risk and position size.