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Recently, the XRP market has experienced a pullback from a high of 3.66 to around 3.45. Although there is some pressure in the short term, the overall market structure remains robust. Currently, the range of 3.42 to 3.36 has formed an important support level, which coincides with the previous high volume area. If the price struggles to break through this support level, it may indicate that the market remains strong.
It is worth noting that the current policy environment shows a favorable trend, while the brief cooling of market sentiment actually provides investors with potential low-price buying opportunities. From an operational strategy perspective, one can consider trying to establish a long position near 3.45, but it is necessary to set a stop loss below 3.40. If the market improves, the target price can initially be aimed at 3.66, and further bullishness can look towards the 4.00 level.
However, investors should also closely monitor the overall development of the cryptocurrency market, including the evolution of stablecoin regulatory policies and the latest progress in cryptocurrency legislation in various countries. These macro factors may have a significant impact on the price trend of XRP. At the same time, it is important to be vigilant about the rapid changes in market sentiment, maintain rational judgment, and control risks.