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The current trading price of XRP is $2.46, up approximately 5.76%. Additionally, the trading volume of XRP has surged to $10.29 billion in the past 24 hours. These events, recent legal successes, and the increasing acceptance of XRP in cross-border payments have boosted investors' trust in the virtual currency. Even with the enhanced momentum, the timing for profit-taking on XRP needs to carefully consider the necessary resistance levels. Analysts believe that $3 is a key psychological barrier; successfully breaking through this level could lead to prices moving towards $4. Holding XRP until it approaches this upper target may provide the best returns for long-term investors, primarily because Ripple continues to solidify alliances and expand its ecosystem.
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