Is it overvalued rn?

My homie told me to invest in this shit last year. Sucker for not doing it he then reaches back out at me and tells me not to miss the opportunity. I throw in all my birthday money last week and bought at 2.46. I just got some more money I’m trying to throw all in on xrp as it is the only thing in my portfolio and I’m looking for a long term investment here. Done a lot of my own research but I’ve been familiar with the crypto space since I was in 8th grade and xrp seems promising. My questions for you guys on this sub is should I wait for even more of a dip in the 2.30 range to buy more or should I just continuously put some in week by week? I know this shit is going to compound tremendously but I want to milk the most I can out of it