儘管最近幾天的整個加密貨幣市場都承受著壓力，但一些山寨幣正在遭受苦難

儘管有漣漪（代幣背後的公司）本月收到了積極的法律新聞，但XRP還是成為最大的失敗者之一

The cryptocurrency market has seen some serious pressure recently, with major coins like Bitcoin and Ethereum taking big hits. But while most altcoins have also been struggling, some are suffering steeper losses than others.

加密貨幣市場最近遇到了巨大的壓力，比特幣和以太坊（Ethereum）等主要硬幣受到了重大打擊。但是，儘管大多數山寨幣也一直在掙扎，但有些人遭受的損失比其他甲板遭受的損失更大。

Among the biggest losers is XRP, despite the company behind the token, Ripple, receiving some positive legal news this month.

儘管公司背後的Ripple背後，但本月收到了一些積極的法律新聞，但最大的失敗者之一是XRP。

The Rise And Fall Of XRP’s Price

XRP價格的上漲和下跌

On March 19, XRP experienced a massive but short-lived surge to $2.60. This rally was fueled by an announcement from Ripple CEO Brad Garlinghouse that the long-standing lawsuit between his company and the U.S. Securities and Exchange Commission (SEC) had effectively concluded.

3月19日，XRP經歷了巨大但短暫的激增至2.60美元。波紋首席執行官布拉德·加林豪斯（Brad Garlinghouse）的宣布，他的公司與美國證券交易委員會（SEC）的長期訴訟有效地結束了這一集會。

For over four years, the XRP community had eagerly awaited this moment, hoping that a favorable ruling would ignite a sustained bull run. However, the excitement was short-lived.

四年來，XRP社區一直熱切期待這一刻，希望一項有利的裁決能夠激發持續的公牛奔跑。但是，興奮是短暫的。

The rally in XRP quickly turned into a textbook ‘sell-the-news’ event, with prices plummeting rapidly after the announcement. Even last week’s official confirmation of the lawsuit's closure failed to capitalize on the legal victory. Instead, XRP has seen a new low, falling below $2.10.

XRP中的集會迅速變成了一本教科書“賣新聞”活動，宣布後價格迅速下降。即使上週對訴訟關閉的官方確認，也無法利用法律勝利。取而代之的是，XRP看到了一個新的低點，低於2.10美元。

Since March 19, when XRP hit a peak of $2.60, the token has lost around 20% of its value. If this downtrend continues and the price dips below $2.00, we could see even more trouble brewing, despite Ripple’s favorable regulatory outcome.

自3月19日以來，當XRP達到2.60美元的高峰時，令牌損失了其價值的20％左右。如果這種下降趨勢持續並且價格下降到2.00美元以下，那麼儘管Ripple有利的監管結果，我們仍會看到更多麻煩釀造。

Broader Market Correction Contributes To XRP’s Struggles

更廣泛的市場更正有助於XRP的鬥爭

While XRP’s decline can be partly attributed to profit-taking after the lawsuit news, it is also important to consider the broader market correction affecting all major cryptocurrencies.

儘管XRP的下降可以部分歸因於訴訟新聞後的利潤，但考慮到影響所有主要加密貨幣的更廣泛的市場校正也很重要。

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have all suffered significant losses, though none have been as pronounced as XRP’s. Despite the general market downturn, XRP’s steeper decline suggests additional underlying factors at play beyond just the macroeconomic landscape.

比特幣（BTC），以太坊（ETH）和Solana（Sol）都遭受了巨大的損失，儘管沒有一個像XRP那樣明顯。儘管一般的市場低迷，XRP的急劇下降表明，除了宏觀經濟景觀之外，還發揮了作用的其他潛在因素。

Whale Activity: A Silent Force Behind XRP’S Crash?

鯨魚活動：XRP崩潰背後的無聲力量？

Another potential catalyst for XRP’s drastic decline is the behavior of large market participants—often referred to as whales—who have historically played a pivotal role in shaping the token’s price movements.

XRP急劇下降的另一個潛在催化劑是大型市場參與者（通常稱為鯨魚）的行為，他們歷來在塑造令牌的價格變動中發揮了關鍵作用。

Following the U.S. elections, many whales went on an accumulation spree, which coincided with XRP’s meteoric rise from $0.60 to $3.40 within just a few months. However, recent data suggests that these major holders have shifted their approach, engaging in large-scale sell-offs rather than accumulation.

在美國大選之後，許多鯨魚進行了積累的狂潮，這與XRP在短短幾個月內從0.60美元的流星上升到3.40美元。但是，最近的數據表明，這些主要持有人已經改變了他們的方法，從事大規模拋售而不是積累。

Such massive whale disposals have the potential to cause a ripple effect, triggering panic selling among retail investors and exacerbating the downward pressure on XRP’s price. If this selling trend continues, we could see even more violent price swings in the near future.

這種大規模的鯨魚處置有可能引起連鎖反應，引發散戶投資者的恐慌銷售，並加劇對XRP價格的下降壓力。如果這種銷售趨勢繼續下去，我們可能會在不久的將來看到更多的暴力價格波動。

What’s Next For XRP

XRP的下一步

Despite the current downtrend, some analysts believe XRP could find strong support around the $2.00 level. If it holds, a potential rebound may be in sight. However, a decisive break below this psychological threshold could lead to deeper losses, potentially testing lower support zones around $1.80 or $1.60.

儘管目前的下降趨勢趨勢，但一些分析師認為XRP可以在2.00美元的水平左右找到強大的支持。如果持有，則可能會看到潛在的反彈。但是，低於此心理閾值的決定性突破可能會導致更深的損失，並有可能測試較低的支撐區域約1.80美元或1.60美元。

In the short term, several key factors will determine XRP’s trajectory: the outcome of the SEC appeal window, which closes on March 31; any new regulatory updates from U.S. authorities; and the potential for a sustained recovery in broader market conditions.

在短期內，幾個關鍵因素將決定XRP的軌跡：SEC上訴窗口的結果，該窗口將於3月31日關閉；美國當局的任何新法規更新；以及在更廣泛的市場條件下持續恢復的潛力。

Optimism Or A Sign Of Deeper Trouble?

樂觀還是更深層麻煩的跡象？

As XRP continues to trade below $2.10, there's a growing sense of unease. Especially since it appears to be the worst-performing top 20 altcoin in recent days.

隨著XRP繼續以2.10美元的價格進行交易，不安的感覺越來越不安。特別是因為它似乎是最近幾天表現最差的前20個山寨幣。

While the broader market correction certainly plays a role, the combination of profit-taking, ‘sell-the-news’ dynamics, and whale sell-offs seems to be having a unique impact on XRP's price.

儘管更廣泛的市場更正肯定起著作用，但獲利，“賣新聞”的動態和鯨魚拋售的結合似乎對XRP的價格產生了獨特的影響。

The coming weeks will be crucial in determining whether XRP can stabilize or if further losses are in store. For now, traders and investors are watching closely to see if the token can hold above the critical $2.00 support level—or if another sharp downturn is inevitable.

接下來的幾週對於確定XRP是否可以穩定或進一步損失而至關重要。目前，貿易商和投資者正在密切關注，以查看令牌是否可以超過關鍵的2.00 $ 2.00支持水平，或者是否不可避免地會急劇下滑。