Brothers, let's talk about the latest XRP market trends and trading recommendations.

The latest quote is around $3.01, up 3.62% in 24 hours, with an intraday high of $3.12 and trading volume increasing to $1.746 billion, indicating a clear escalation in long and short positions.

At key levels, support can be observed at $2.97 (hourly chart trend line) and $2.92; resistance should be noted at $3.05 (the boundary between long and short) and $3.12 (recent high). From a technical perspective, the ascending channel on the hourly chart is still continuing. If it stabilizes above $3.015, it is expected to advance towards $3.15-$3.2; the weekly chart has shown an initial V-shaped bottom, with two rebounds supported at $2.7-$2.8 in August. If it breaks above $3.12, the target of the year's high point at $3.40 will be clearer.

The indicator signals are leaning positively: the daily MACD golden cross has begun to appear, the RSI at 54.5 is in a neutral to strong range (not overbought), and the CMF capital flow has broken above +0.05, indicating continuous capital inflow.

In terms of operations, it is recommended to steadily lay out long positions: one can enter near $2.988-$3.008, with an initial target of $3.056 and then look for $3.115 after the breakout, while remembering to set a stop loss to control risk.

On-chain and ecosystem highlights are also notable: significant increase in whale holdings in Q3, the XRPL on-chain RWA scale has surpassed $5 billion, and the circulation of the RLUSD stablecoin is $1.2 billion, with compliance and application aspects continuing to strengthen. Macro-wise, the SEC has dropped charges, and the Federal Reserve's rate cut expectations are also adding strength to the market. #Xrp🔥🔥