Trade Idea: XRP SHORT

Opened 2026-01-12 06:30:42 · Valid until 2026-01-13 06:30:42 · Triggered 2026-01-12 06:39:01 · Closed 2026-01-12 08:43:01

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 1.75 Conf 78% Scalp hours

Entry

2.08000000

Stop

2.12000000

Targets

2.04000000 / 2.00000000 / 1.96000000

Live price

2.04000000

Live ROI

1.92% vs entry

Idea ID

#6735

Now Entry Stop TP

Loading chart...

Thesis and checks

Scalp opportunity identified on XRP with confluence across multiple timeframes indicating bearish momentum near current price.

5m chart: Bearish engulfing candle formed after a minor pullback, signaling short-term selling pressure.
15m chart: RSI divergence showing weakening bullish momentum while price tested resistance around $2.10.
1h chart: Price rejected at a key resistance level with MACD histogram turning negative, confirming short bias.
Risk-reward ratio above 1.6 with tight stop loss just above recent resistance to minimize risk.

Trade ideas are educational. Manage risk and position size.