Samppa290
Short

Ripple analyze for tomorrow

KRAKEN:XRPUSD   XRP / U.S. Dollar
It looks like that falling has stopped and support level keeps at 2.4$. If ripple starts surging it will face at least 3 resistance levels on its way back up to 3$.
Those levels are marked on the chart. If ripple surges back to 3$ it will likely reach new all-time high.

If 2.4$ support level fails, ripple will likely fall to somewhere around 2$ and 1.8$. If ripple starts falling slowly in few hours it might try to get support at 2.2$

This is not financial advice.

Feedback and comments are greatly appreciated.

why is kraken always so far off other exchanges? During the bull run they were always selling at a premium, now in the pullback they're at a discount.
+1 Reply
Samppa290 WG028366
@WG028366, They have so many new users, Kraken should not take new users. At the moment they are developing a new trading engine and it should be released soon but they have not given us any ETA.
So servers are really slow due to a high user volume and when some big drop happens many clients try to sell their coin so then Karken is even slower.
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Samppa290 Samppa290
@Samppa290, IDK what I was talking about, the price is a little bit different in different exchanges because is some exchanges people are selling or buying more than at others.
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