#### Recent Price Performance
The price of **XRP** recently rose above the $3.54 level, which is considered its all-time high according to available data, recording an increase of 13.78% over the past 24 hours. In the latest time data disclosure, the price was at $3.5163 after consecutive increases.
#### Support and Resistance
- **Support Levels:**
- The first support at $3.45
- The second support at $3.40
- **Resistance Levels:**
- The first resistance at $3.55
- The second resistance at $3.60
#### General Trend
- **Trend:** Clearly bullish.
- **Main reasons for price movement:**
- Launching **XRP-USDT** trading options on the Gate platform, which increased liquidity and investor interest.
- A significant increase in trading volumes (over $1.47 billion entered the exchanges), which may indicate further volatility or even a short correction.
- Announcements about new collaborations such as the "Sapphire Options" program that attracts digital content and developers around the market.
#### Strategic View
- If the price stabilizes above **$3.50**, the next target will be at **$3.60**.
- Conversely, if the price drops below **$3.45**, we may witness a temporary correction towards **$3.40** before resuming the upward trend.
#### Are you investing now?
- **Recommendation:** Gradual buy positions can be opened while keeping stop-loss orders below $3.40.
- **Risks:** Monitoring significant selling pressure at high levels, as any large withdrawals may cause sharp fluctuations.
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