As the end of April draws near, cryptocurrency analyst Jason has disclosed his forecast for XRP values into May. His analysis, based on a blend of technical indicators, hidden bullish signals, and recent market behavior, suggests that XRP might be poised for a significant price increase.

Ripple XRP stands in a typical consolidation range for its market position. The two-week chart demonstrates positive signals even though the weekly chart lost its previous bullish trend indicator. The RSI indicator plus SRSI show a change in direction that suggests prices will climb up.

XRP Faces Potential Downturn if Price Drops Below $2.09

Based on his analysis, Jason believes XRP will move higher when the SRSI stays above 20 in future weeks. His expectations depend on XRP staying above specific support barriers in the market. If XRP falls below $2.09 during these two weeks, it would cancel the bullish divergence signal and the asset may trend down towards $1.61 or $1.12.

XRP Price Could Skyrocket: Analyst

During its April decline, XRP touched both 0.61 and 0.787 Fibonacci retracement levels. After hitting its lowest $1.61 mark on April 7, XRP returned to $2.36, followed by a decline in value. Over the last 24 hours, XRP has decreased by 2.6%, with its current market value of $2.23.

Even though XRP experienced eight straight days of dropping value, its latest selling trend appears to be weakening according to Jason. He predicts market stability will come first before a trending rally through sustained positive flow changes.

XRP’s Long-Term Forecast: Aiming for $16 to $36

Jason’s projection indicates XRP can attain $5 as its next all-time high by this May. XRP needs to rise from its $2.23 price by 124.22% to achieve $5.00. After the $5 price range, Jason predicts XRP movement towards a two-digit value point.

While optimistic, Jason remains pragmatic. He will sell half his XRP at $5 to capture profits before moving into real estate investments. Although XRP may advance further in value, he encourages people to base investment decisions on logic rather than their feelings. He decided to cash out at $3.30 in January because he had wanted to do so for the previous months.

According to Jason, XRP is projected to move between $16 and $36 during future years. The lower limit of his predictions shows XRP opening to six times its present value, whereas the highest mark predicts more than a fifteen-fold profit. The analyst points out that these targets represent his future plans with a simple profit strategy at $5 as his immediate objective.

As May arrives, Jason presents balanced XRP forecasts backed by informed strategy and market rules.