XRP has recently performed remarkably, with analysis showing a clear upward trend. From the daily chart, the price continues to rise, with multiple moving averages indicating long positions, highlighting that the longer side is dominating the market direction. Although there may be a slight pullback in the short term, the accumulated upward momentum remains strong, supporting the stability of the overall upward trend.

Currently, XRP has established a clear upward channel. For investors looking to participate, the price level around 3.2 can be watched as a potential entry point, as this area is considered the cost zone for major funds. If the price pulls back to around 3.1, there may be a good opportunity for a second buy. In the short term, market participants can view 3.36 (the previous high) as the first target level, while 3.42 can be seen as the second target level.

It is worth noting that recent policy news has also had a positive impact on XRP. The U.S. House of Representatives has passed a procedural vote on a bill related to cryptocurrencies, which could bring potential benefits to the future development of XRP. In addition, discussions about including XRP in the U.S. cryptocurrency reserves, although not yet officially implemented, have already sparked enthusiastic responses in the market, significantly increasing investor participation.

Considering the current market dynamics and potential favorable factors, some analysts believe that the long-term target price for XRP may reach 4.0. However, investors still need to be cautious, closely monitor market changes, and manage risks effectively. The cryptocurrency market is highly volatile, and timely strategy adjustments are crucial.