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Trade Idea: XRP LONG

Opened 2026-01-13 14:40:49 · Valid until 2026-01-14 14:40:49 · Triggered 2026-01-13 16:06:02 · Closed 2026-01-13 19:56:01
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
2.04000000
Targets
2.13000000 / 2.17000000 / 2.21000000
Live price
2.04000000
Live ROI
-2.39% vs entry
Idea ID
#6785
Now Entry Stop TP
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Thesis and checks

Analyzing XRP on 5m, 15m, and 1h charts reveals a strong short-term bullish setup suitable for a scalp trade.

  • 5m chart: Price recently bounced off a support level at $2.04 with a bullish engulfing candle, indicating immediate buying interest.
  • 15m chart: RSI is rising from oversold territory, confirming momentum shift to the upside.
  • 1h chart: Price is above the 20 EMA and 50 EMA crossover, signaling a short-term trend reversal.
  • Risk-reward ratio is favorable at 1.8 with tight stop loss near support and multiple profit targets near recent resistance levels.

Trade ideas are educational. Manage risk and position size.