Trade Idea: XRP SHORT

Opened 2026-03-17 18:35:51 · Valid until 2026-03-18 18:35:51

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 PENDING RR 1.75 Conf 78% Scalp hours

Entry

1.53000000

Stop

1.54000000

Targets

1.51500000 / 1.50000000 / 1.48500000

Live price

1.53000000

Live ROI

0.00% vs entry

Idea ID

#9426

Now Entry Stop TP

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Thesis and checks

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

5m chart: Bearish engulfing candle formed near resistance at $1.53, signaling short-term reversal.
15m chart: RSI divergence showing weakening bullish momentum while price failed to break above $1.54 resistance.
1h chart: Price rejected from 20 EMA and forming lower highs, confirming short bias.
Risk-reward ratio above 1.6 with tight stop loss just above recent resistance.

Trade ideas are educational. Manage risk and position size.