The best analysts share the high XRP in May

With April approaching, Jason encryption analyst Jason visions participated in the possible price movement XRP in May.

Sheds light on a mixture of technical patterns, hidden upscale signals, and market updates that can form the future of XRP in the short term. It is worth noting that he participated in an optimistic view of XRP based on information from the graph for two weeks.

The artistic patterns that indicate an interruption can be near

according to Jason, XRP is still in a familiar unification area. He pointed out that although the weekly graph has lost the hidden, hidden difference that was, the scale remains for two weeks showing signs of strength. The RSI and RSI RAM (SRSI) continues to go up the upscale difference compared to price work.

He explained that if the momentum continues and Srsi crosses over 20 and remains there in the next few weeks, the market participants can expect a significant transfer to the upward trend.

Despite this positive preparation, Jason warned that the collapse without key levels could turn expectations. Specifically, the bullish difference will be nullified if XRP is closed less than $ 2.09 on the scale for two weeks. In this scenario, XRP can reconsider the low support range of about $ 1.6052 to $ 1.117, and the accompanying plan is marked as the “Orange Box”.

For context, these levels are in line with 0.61 and 0.787 Fibonacci levels. It is worth noting, during the last shrinkage earlier this month, XRP has been tested This range. Specifically, on April 7, XRP did not touch the lowest level of $ 1.61, but it recently recovered to $ 2.36 before losing momentum. At the time of the press, XRP is trading at $ 2.23, indicating a decrease of 2.6 % in the past 24 hours.

Meanwhile, Jason referred to the data that shows that XRP has witnessed eight consecutive days of net flows recently. With the sale of steam and flat pressure, this may be believed to be a sign of the market installation before the next main step.

How high XRP in May?

Interestingly, Jason presented the idea that XRP can It reaches 5 dollars in May. This would represent the highest new level of the currency, which has been traded without its peak for more than seven years.

From the price of the day of $ 2.23, reaching $ 5 will represent an increase of 124.22 %. It exceeds $ 5, and XRP is expected to approach the dual -number price threshold.

Get profit with XRP height

In his speech, the analyst participated that he was planning to sell 50 % of his property less than $ 5 to achieve gains and convert focus into solid assets such as real estate. While it is believed that XRP can rise, it stressed the importance of being rational, not emotional in the market.

He revealed that he got 20 % of the profits when XRP Via $ 3.30 Once again, in January, it was the price point that it targeted since last year. Jason noted that he made this decision while still believed that XRP could rise to between 16 and 36 dollars, while emphasizing that the feelings have no place in the strategy.

He plans to accommodate 10 % of his XRP holdings in anticipation that the multi -year rising trend line can pay prices to an expected area from 16 to 36 dollars. The lower boundaries represent a profit of 6X of the current levels, while the most ambitious target saves more than 15x upside down from today’s price.

However, he believes that these goals are in the long term and plans to book profits of about $ 5 in the short term.