It can hit 3.4 ATH after all the XRP still on 10 top of coin by marketcap.
But it will be hard for now since the are bunch of bad news including from sec and the recent is million dollar of hack so if i were you just keep your head for any news that coming and waiting for the right moment if all is settling down it might be pump soon
the fact that they are at the top ten of highest market cap coin right now is also the cause and the reason why hitting $3.4 is kinda impossible, money right now flowing to the newer project
like celestia, dym, zksync and so on, the money aren't flowing to these top coins no more other than bitcoin, ethereum and some other coin that are rising at the latest pump.
this is the reason i have avoided investing in XRP or something like that, i just don't think it will rise that much in the future.
if im trying to get profit out of investment i might as well just follow the trend and invest into the newer coin after all they have better potential than this one.