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Trade Idea: XRP LONG

Opened 2025-10-17 07:05:39 · Valid until 2025-10-18 07:05:39 · Closed 2025-10-17 10:27:01
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.
LONG PENDING RR 2.00 Conf 75% Scalp hours
Entry 2.30000000
Stop 2.25000000
TP 2.35000000 / 2.40000000 / 2.45000000
Live 2.41000000
ROI 4.78% (vs entry)

Thesis and checks

The current price of XRP shows potential for a short-term upward movement based on recent technical analysis.

  • 5m Chart: A bullish divergence is forming as the price makes lower lows while the RSI shows higher lows, indicating potential reversal.
  • 15m Chart: The price has bounced off a key support level at $2.28, suggesting a strong buying interest at this level.

Trade ideas are educational. Manage risk and position size.