由於投資者預計美國證券交易委員會（SEC）即將舉行的封閉會議，XRP的價格仍處於不斷變化狀態

預計該會議將解決潛在的投票，以撤回與XRP作為安全性的分類有關的上訴。

The price of XRP remains in a state of flux as investors await the U.S. Securities and Exchange Commission’s (SEC) upcoming closed meeting on April 3.

XRP的價格仍處於不斷變化狀態，因為投資者正在等待美國證券交易委員會（SEC）即將於4月3日舉行的閉幕會議。

The meeting will see the SEC address a potential vote to withdraw its appeal against a ruling that classified XRP as a security. This decision could significantly influence the token’s short-term and long-term price movement, with market participants closely following developments.

會議將使美國證券交易委員會（SEC）提出潛在的投票，以撤回對將XRP歸類為擔保的裁決的上訴。這一決定可能會嚴重影響令牌的短期和長期價格變動，市場參與者緊隨發展。

XRP's Recent Price Action: A Tumultuous March

XRP最近的價格動作：動蕩的遊行

Since Ripple CEO Brad Garlinghouse's announcement on March 19 regarding the SEC's intention to drop its appeal, XRP has faced considerable selling pressure.

自從Ripple首席執行官布拉德·加林豪斯（Brad Garlinghouse）於3月19日發布有關SEC打算放棄上訴的意圖的公告以來，XRP面臨著巨大的銷售壓力。

The remittance token has seen a 19% decline, slipping to trade around $2.1088 at the time of writing. This drop coincides with a broader market correction that has affected several major cryptocurrencies.

匯款令下降了19％，在撰寫本文時，貿易下跌了約2.1088美元。這種下降與更廣泛的市場更正相吻合，這影響了幾種主要的加密貨幣。

Despite the decline, XRP continues to maintain a strong market capitalization of $122.3 billion. However, the cryptocurrency remains approximately 40% below its all-time high of $3.40, highlighting the ongoing uncertainty surrounding its regulatory fate.

儘管有所下降，XRP仍繼續保持大幅度的市值為1,223億美元。但是，加密貨幣仍低於其3.40美元的歷史高處約40％，突出了其監管命運周圍持續的不確定性。

Technical Analysis: Bearish Sentiment Prevails

技術分析：看跌情緒盛行

Technical indicators point to a prevailing bearish sentiment, suggesting that XRP may continue to face downward pressure in the near term. Several key indicators highlight the token's current struggles:

技術指標指出了一種普遍的看跌情緒，表明XRP可能會在短期內繼續面對向下壓力。幾個關鍵指標突出了令牌當前的鬥爭：

Should selling pressure persist, XRP could fall below the crucial $2 mark, leading to potential panic selling and a deeper retracement to $1.80 or lower.

如果銷售壓力持續存在，XRP可能會低於至關重要的2美元以下，從而導致潛在的恐慌銷售，並更深入地回撤至1.80美元或更低。

The Ripple-SEC Saga: A Critical Turning Point

Ripple-Sec傳奇：關鍵的轉折點

The SEC's case against Ripple has been a pivotal factor in XRP's market performance. On March 19, Ripple's Chief Legal Officer, Stuart Alderoty, shared proposed settlement terms linked to Judge Analisa Torres' Final Judgment.

SEC對Ripple的案件一直是XRP市場績效的關鍵因素。 3月19日，Ripple的首席法律官Stuart Alderoty分享了與Analisa Torres法官的最終判決有關的擬議和解條款。

These terms suggest a reduction in the penalty from $150 million to $50 million—significantly lower than the SEC's initial demand of $2 billion. Additionally, the proposal includes vacating the injunction that has restricted XRP sales to institutional investors.

這些條款表明，將罰款從1.5億美元減少到5000萬美元，比SEC初始需求20億美元降低。此外，該提案包括撤消將XRP銷售限制給機構投資者的禁令。

Despite these developments, the SEC has not formally confirmed its intention to withdraw the appeal. Legal experts, including pro-crypto attorney Fred Rispoli, believe that the SEC Commission is likely to vote on this matter within the next 30 days.

儘管有這些發展，SEC尚未正式確認其撤回上訴的意圖。法律專家，包括Pro-Crypto律師Fred Rispoli，認為SEC委員會可能會在未來30天內對此事進行投票。

Rispoli further suggested that Judge Torres could vacate the injunction within the same timeframe, stating, “At most, we are 60 days out from this being 100%, formally, legally, and spectacularly over.”

里斯波利進一步建議，托雷斯法官可以在同一時間範圍內撤離禁令，並指出：“最多，我們從這100％，正式，法律和壯觀地結束了60天。”

Spot ETFs: A Potential Catalyst for Price Recovery?

現場ETF：價格恢復的潛在催化劑？

Despite XRP's recent struggles, optimism remains regarding the potential approval of XRP spot exchange-traded funds (ETFs). Currently, 18 applications for XRP ETFs are awaiting regulatory approval.

儘管XRP最近進行了鬥爭，但對XRP現貨交換基金（ETF）的潛在批准的潛在批准仍然存在樂觀情緒。目前，XRP ETF的18種申請正在等待監管批准。

A favorable decision in this regard could serve as a major bullish catalyst, potentially driving XRP closer to its previous all-time high.

在這方面，一個有利的決定可以作為主要的看漲催化劑，有可能使XRP更接近以前的歷史最高水平。

Regulatory clarity in the ETF space has historically led to significant price surges for cryptocurrencies. If XRP ETFs receive approval, institutional interest in the token is likely to increase, leading to greater liquidity and price appreciation.

ETF領域的監管清晰度歷史上導致了加密貨幣的大幅度飆升。如果XRP ETF獲得批准，則代幣的機構權益可能會增加，從而導致更大的流動性和價格讚賞。

Market Sentiment and Broader Economic Factors

市場情緒和更廣泛的經濟因素

XRP's performance is also influenced by broader economic and market trends. Factors such as recession fears, developments in U.S. labor markets, and ongoing tariff discussions have contributed to heightened volatility across financial markets, including crypto.

XRP的績效也受到更廣泛的經濟和市場趨勢的影響。諸如衰退恐懼，美國勞動力市場的發展以及正在進行的關稅討論等因素導致包括加密貨幣在內的金融市場的波動提高。

However, the resolution of Ripple's legal battle with the SEC remains the most critical factor in determining XRP's short-term outlook. A decisive settlement or regulatory clarity could reinvigorate investor confidence and push XRP toward a bullish trajectory.

但是，解決Ripple與SEC的法律鬥爭仍然是確定XRP短期前景的最關鍵因素。決定性的解決方案或法規清晰度可以振興投資者的信心，並將XRP推向看漲的軌跡。

Final Thoughts: What's Next for XRP?

最終想法：XRP的下一步是什麼？

The upcoming SEC meeting on April 3 will be a crucial event for XRP holders and the broader crypto community. If the SEC officially withdraws its appeal, XRP could see a significant price rebound, potentially breaking out of its current consolidation phase.

即將在4月3日舉行的SEC會議將是XRP持有人和更廣泛的加密社區的關鍵活動。如果SEC正式撤回上訴，XRP可能會看到大量的價格反彈，可能會違反當前的合併階段。

Conversely, if the SEC delays its decision or opts for further legal proceedings, XRP may continue facing downward pressure, with the possibility of breaching the $2 support level.

相反，如果SEC延遲其決定或選擇進一步的法律程序，則XRP可能會繼續面對向下壓力，並可能違反2美元的支持水平。

With technical indicators still favoring the bears, traders should exercise caution and monitor key support and resistance levels closely. In the long run, regulatory clarity and ETF approvals could provide the necessary momentum for XRP to reclaim its former highs.

由於技術指標仍然有利於熊，交易者應謹慎行事，並密切監視關鍵支持和阻力水平。從長遠來看，監管清晰度和ETF批准可以為XRP提供必要的勢頭，以收回其以前的高點。

As developments unfold, XRP investors and market analysts will remain vigilant, anticipating whether the SEC's decision will mark the beginning of a new bullish phase or extend the current period of uncertainty.

隨著發展的發展，XRP投資者和市場分析師將保持警惕，預計SEC的決定是否標誌著新的看漲階段的開始還是延長了當前不確定性時期。