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Trade Idea: XRP SHORT

Opened 2026-01-08 17:10:42 · Valid until 2026-01-09 17:10:42 · Triggered 2026-01-08 18:43:01 · Closed 2026-01-08 20:10:03
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
2.14000000
Stop
2.17000000
Targets
2.12000000 / 2.10000000 / 2.08000000
Live price
2.06000000
Live ROI
3.74% vs entry
Idea ID
#6615
Now Entry Stop TP
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Thesis and checks

Current market conditions suggest a potential short opportunity for XRP.

  • The 5m chart shows a bearish divergence with decreasing volume, indicating weakening buying pressure.
  • The 15m chart has formed a bearish engulfing pattern, confirming the potential for a downward move.

Trade ideas are educational. Manage risk and position size.