Trade Idea: XRP LONG

Opened 2026-01-12 05:30:45 · Valid until 2026-01-13 05:30:45 · Triggered 2026-01-12 16:19:01 · Closed 2026-01-12 18:41:01

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 CLOSED RR 1.80 Conf 75% Scalp hours

Entry

2.09000000

Stop

2.05000000

Targets

2.13000000 / 2.16000000 / 2.19000000

Live price

2.04000000

Live ROI

-2.39% vs entry

Idea ID

#6733

Now Entry Stop TP

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Thesis and checks

Analyzing XRP on multiple timeframes reveals a favorable setup for a quick long scalp:

5m chart: Price recently bounced off a short-term support near $2.07 with a bullish engulfing candle, indicating immediate buying interest.
15m chart: RSI is rising from oversold levels, confirming momentum shift to the upside.
1h chart: Price is above the 20 EMA and approaching a minor resistance zone around $2.13-$2.16, providing clear targets.
The risk-reward ratio exceeds 1.6 with a tight stop below $2.05 and targets near recent resistance levels.

Trade ideas are educational. Manage risk and position size.