Family, today Brother Hao is here to talk about the latest market trends of XRP (Ripple)! The market has been quite lively recently, and the movement of XRP is also under close scrutiny. Brother Hao has analyzed the situation based on technical aspects, fundamentals, and market sentiment.

First, looking at the technical aspect, the resistance level is in the range of 3.40 - 3.42, which is a dividing line for short-term strength. If XRP can break through this resistance level, it would be impressive, with the potential to challenge 3.50 and 3.62, with a final target of 3.75. As for the support level, the initial support is at 3.25, followed by the Fibonacci retracement level at 3.15, and 3.00 is a critical psychological level. Looking at the indicators, the MACD on the hourly chart is in the bullish zone and is accelerating upward, with the RSI above 50, indicating that the bulls are in control. The price is steadily above the 100-hour moving average, forming an upward channel, making the overall technical outlook quite optimistic.

Brother Hao emphasizes the key point: pay close attention to the breakout situation at 3.42 recently. If there is a volume-driven upward movement, a new round of price increase will basically be confirmed; if it cannot break through, then we need to be cautious of short-term profit-taking pressure. For long-term positioning, one must also consider the regulatory developments, such as the CFTC's clear jurisdiction and the progress of Ripple's ecosystem expansion.

Finally, Brother Hao gives everyone a trading guide for today: consider going long around the range of 3.1850 - 3.2230, with a target towards 3.2810 - 3.3220. However, investments carry risks, and operations should be cautious. If anyone has any thoughts, feel free to share and discuss together! #xrp