Goal: Small, consistent profits (0.5–1.5%)
Timeframe: 1-minute (M1), 5-minute (M5), or 15-minute (M15)
Approach: Trend-following with strong confirmation and quick exit
Core Scalping Plan for XRP (Current Price: ~$3.13)
1. Identify Favorable Zone
Support: $3.10 – strong base (safe re-entry zone)
Resistance: $3.15 – short-term breakout target
Only scalp within or just above $3.10, when price bounces with strength.
2. Setup Conditions
Before entering a long (buy) scalp:
✅ Price holding above $3.10
✅ Volume spike or green candle closing above previous high
✅ RSI (on 5-min) crossing 50 upward
✅ No major news or sudden volatility spikes
3. Entry Strategy (Buy)
Buy when:
XRP retests $3.10 and bounces (with a green candle)
Or breaks above $3.13 with a surge in volume
4. Take-Profit + Stop-Loss
🎯 TP (Take Profit): +0.5% to +1.0% (e.g., $3.13 ➜ $3.145 or $3.16)
🛑 SL (Stop Loss): -0.3% to -0.5% (e.g., $3.13 ➜ $3.11–$3.108)
Keep risk-reward close to 1:2
5. Exit Quickly
Exit partial or full when:
TP hit ✅
Momentum slows ✅
Candle wicks start rejecting levels ❌
Extra Safety Tips
Trade only during high liquidity hours (e.g., 13:00–17:00 UTC)
Avoid FOMO candles (giant candles with no base)
Use a tight stop and honor it. Don’t widen it.
3–4 quality trades per session max — don’t overtrade
Optional Tools
Indicators: VWAP, RSI (5 or 14), Bollinger Bands (to spot squeeze)
Sentiment check: Binance order book + Twitter/X trends (if needed)
#BinanceSquareWrite2Earn:
#BinanceSquareWrite2Earn #XRPTrading #ScalpTrading #CryptoStrategy #SecureProfits