Ripple Labs Inc.（XRP）推翻了業內最長的法律鬥爭之一

加密投資者在該行業最長的法律鬥爭之一被美國證券交易委員會推翻後感到高興

Crypto investors were overjoyed when the U.S. Securities and Exchange Commission (SEC) rolled back on one of the industry’s longest-standing legal battles, yet markets have seemingly accounted for this development months ahead of the announcement, according to industry watchers.

據行業觀察家稱，當美國證券交易委員會（SEC）重新回歸該行業最長的法律鬥爭之一時，加密投資者感到非常高興，但在宣布這一消息之前，市場似乎已經解釋了這一開發月份。

On March 19, Ripple CEO Brad Garlinghouse revealed that the SEC would be dismissing its pending legal action against Ripple, ending four years of litigation against the blockchain developer for an alleged $1.3-billion unregistered securities offering in 2020.

3月19日，Ripple首席執行官布拉德·加林豪斯（Brad Garlinghouse）透露，SEC將駁回其針對Ripple的法律訴訟，結束了針對區塊鏈開發商的四年訴訟，涉嫌在2020年提供13億美元的未註冊證券。

But the outcome may not be as “bullish” since markets may have already priced in this development since President Trump’s election, according to Dmitrij Radin, the founder of Zekret and chief technology officer of Fideum, a regulatory and blockchain infrastructure firm focused on institutions.

但是，結果可能並不是“看漲”，因為自特朗普總統當選以來，市場可能已經在這一發展中定價。

"Yes they are dropping the case but there was already the appeal," he told Cointelegraph on the March 20 Chainreaction X show:

他在3月20日的Chainreaction X節目中告訴Cointelegraph：“是的，他們正在撤銷此案：”

XRP/USD, 1-month chart. Source: Cointelegraph Markets Pro

XRP/USD，1個月的圖表。資料來源：Cointelegraph Markets Pro

Despite an 11% relief rally after the March 19 announcement, the XRP (XRP) token is unable to remain above the key $2.5 psychological mark. The token fell over 6.3% since March 19, Cointelegraph Markets Pro data shows.

儘管在3月19日宣布後有11％的救濟集會，但XRP（XRP）代幣仍無法保持高於主要$ 2.5的心理標記。自3月19日以來，該令牌下跌了6.3％，Cointelegraph Markets Pro數據顯示。

Related: Crypto market’s biggest risks in 2025: US recession, circular crypto economy

相關：加密貨幣市場在2025年的最大風險：美國衰退，循環加密經濟

SEC dropping Ripple case was “already expected” - Nansen analyst

SEC掉落的波紋案件是“已經期望的” -Nansen分析師

Other analysts also attribute the XRP token’s lack of momentum to investors expecting an end to the SEC’s lawsuit against Ripple Labs, paired with generally poor market sentiment.

其他分析師還將XRP令牌缺乏勢頭歸因於投資者，他們期望結束SEC針對Ripple Labs的訴訟，並與總體上差的市場情緒相結合。

“I'd attribute it to the market already pricing it in as well as the general market situation,” Nicolai Sondergaard, research analyst at Nansen, told Cointelegraph, adding:

Nansen的研究分析師Nicolai Sondergaard對Cointelegraph表示：“我將其歸因於已經定價的市場。”

Related: Bitcoin speculative appetite declines as investors seek safety

相關：隨著投資者尋求安全性，比特幣投機性食慾下降

Still, some technical chart patterns point to a potential 75% XRP rally after the end of the SEC’s lawsuit.

儘管如此，某些技術圖表模式仍表明在SEC訴訟結束後潛在的75％XRP集會。

XRP/USD weekly price chart. Source: TradingView

XRP/USD每週價格圖表。資料來源：TradingView

As of March 21, XRP bounced after testing the triangle’s lower trendline, eyeing a rise toward the upper trendline— around the apex point at the $2.35 level—by April. The ultimate target for this possible breakout is $4.35 by June, up 75% from the current price levels.

截至3月21日，XRP在測試了三角形的較低趨勢線後彈跳，到4月，在Apex Point左右，朝向上升趨勢線的上升。到6月，此可能突破的最終目標是4.35美元，比當前價格水平上漲了75％。

Conversely, a drop below the lower trendline could invalidate the bullish setup, setting XRP on the path toward $1.28. The bearish target is obtained by subtracting the triangle’s maximum height from the potential breakdown point at $2.35.

相反，低於較低趨勢線的下降可能使看漲的設置無效，將XRP設置為1.28美元的路徑。看跌目標是通過從$ 2.35的潛在分解點中減去三角形的最大高度來獲得的。

Despite XRP’s price trajectory, the SEC overturning the case will have a beneficial “long-term effect on the market because of the narrative change,” and investors' expectations of a more crypto-friendly SEC, added Fideum’s Radin.

儘管XRP的價格軌跡，但SEC推翻了此案將對市場產生有益的“長期影響”，以及投資者對更加加密的SEC的期望。