Early this morning, XRP showed a strong pump momentum. From the 1-hour candlestick chart, it can be observed that XRP has been on a continuous rise, repeatedly breaking through previous highs, with buying pressure clearly dominating.

Looking at the 4-hour level, the pump trend of XRP is becoming clearer. The lows are gradually rising, and the highs are constantly being refreshed, showing a steady rising rhythm overall. This continuous rising pattern brings positive signals to investors.

Currently, the key price level that the market is focusing on is 2.96. If XRP can solidly stay above this level, it is likely to trigger further rise. Investors may consider entering with a small position when there is a pullback to this level. In the short term, we can set 3.03 as the first target price. If XRP can successfully break through 3.03, the next potential target could be 3.17.

It is worth noting that the strong performance of XRP may be related to the recent overall recovery of the altcoin market. At the same time, the market's expectations for a possible interest rate cut by the Federal Reserve have also contributed to the positive sentiment in the cryptocurrency market to some extent. However, investors still need to be cautious and closely monitor changes in market trends and macroeconomic factors in order to adjust their investment strategies in a timely manner.