XRP價格趨勢，SEC決策和機構採用驅動市場變動

加密貨幣市場仍然是投資者的焦點，XRP遵循關鍵的監管發展和ETF申請。

The cryptocurrency market continues to be a focal point for investors, especially with XRP taking center stage following key regulatory developments and ETF filings.

加密貨幣市場仍然是投資者的焦點，尤其是XRP在關鍵的監管發展和ETF申請之後處於中心位置。

Recent movements in the XRP price, institutional interest, and government policies have driven market activity, making it a crucial time to analyze what’s happening in the space.

XRP價格，機構利益和政府政策的最新變化促進了市場活動，這是分析該領域中發生的事情的關鍵時機。

Active Period for XRP-Spot ETFs Amid Growing Institutional Demand

在增長的機構需求中，XRP點ETF的活躍時期

On Tuesday, March 11, activity in the U.S. ETF space saw a significant boost as Franklin Templeton filed for an XRP-spot ETF, explained Eric Balchunas, Senior ETF Analyst at Bloomberg Intelligence. This move adds Franklin Templeton to the growing list of firms—21Shares, Bitwise Invest, Canary Funds, Grayscale, and WisdomTree—seeking to introduce XRP-spot ETFs.

彭博情報公司高級ETF分析師Eric Balchunas解釋說，3月11日（星期二）在美國ETF領域的活動顯著提升，這是XRP-SPOT ETF的重大提升。此舉將富蘭克林·鄧普頓（Franklin Templeton）添加到越來越多的公司清單中，即21家股份，位投資，金絲雀基金，灰度和智慧，以介紹XRP Spot ETF。

Highlighting the surge in alt/meme-coin ETF filings, Balchunas noted, “This is the 64th alt/meme coin ETF filing that is now awaiting approval.”

Balchunas強調了ALT/MEM-COIN ETF文件的激增，指出：“這是現在正在等待批准的第64 Alt/Meme Coin ETF申請。”

This optimism stems from the Trump administration's pro-crypto stance and an anticipated regulatory overhaul, which are expected to facilitate the approval of altcoin ETFs.

這種樂觀主義源於特朗普政府的親克賴特托立場和預期的監管大修，這有望促進Altcoin ETF的批准。

However, the SEC's pending appeal in the Ripple case presents another layer of uncertainty. The agency filed its opening brief on January 15, challenging the Programmatic Sales of XRP ruling.

但是，SEC在Ripple案中的未決上訴提出了另一層不確定性。該機構於1月15日提交了開幕式摘要，挑戰了XRP裁決的計劃銷售。

Moreover, legal experts believe that a resolution to the case could come sooner than expected, potentially impacting the SEC's decision on XRP-spot ETFs.

此外，法律專家認為，解決此案的解決方案可能比預期的要早，可能會影響SEC對XRP SPOT ETF的決定。

Highlighting this possibility, pro-crypto lawyer Fred Rispoli stated, “Some type of deal has been reached behind closed doors. Illogical not to think this based on all the other cases getting involved.”

支持這種可能性，親克里普托律師弗雷德·里斯波利（Fred Rispoli）表示：“在閉門造車後面已經達成了某種類型的交易。不合邏輯不要根據所有其他案件涉及的情況進行思考。”

An appeal withdrawal could remove legal hurdles and significantly impact the approval process for XRP-spot ETFs.

上訴提款可以消除法律障礙，並顯著影響XRP SPOT ETF的批准過程。

XRP Price Surges 3.74%

XRP價格飆升3.74％

On March 12, XRP surged 3.74%, reversing a 5.33% drop from the previous day to close at $2.2099. Investor optimism regarding a potential SEC appeal withdrawal and XRP-spot ETF approval fueled the rally.

3月12日，XRP飆升了3.74％，從前幾天下降了5.33％，收於2.2099美元。投資者對潛在的SEC上訴提款和XRP SPOT ETF批准的樂觀情緒推動了集會。

Key Factors Influencing XRP Price

影響XRP價格的關鍵因素

U.S. Strategic Reserve Asset: Speculation about a multi-crypto reserve, including XRP, could boost investor sentiment.

美國戰略儲備資產：關於包括XRP在內的多克雷普托儲備的猜測可以促進投資者的情緒。

SEC Appeal Strategy: If the SEC drops its appeal, XRP could surpass its all-time high of $3.55. Prolonged legal uncertainty, however, may push prices below $1.50.

SEC上訴策略：如果SEC撤銷其上訴，XRP可能會超過其3.55美元的歷史高處。但是，延長的法律不確定性可能會將價格推向1.50美元以下。

ETF Developments: Approval of an XRP-spot ETF could drive institutional inflows, potentially pushing prices toward $5.

ETF的發展：XRP SPOT ETF的批准可能會推動機構流入，可能會將價格推向5美元。

Macro Risks: Rising U.S. inflation and trade tensions could weigh on XRP, while easing concerns could support a recovery to $2.50.

宏觀風險：美國通貨膨脹和貿易緊張局勢的增加可能會對XRP進行權重，而寬鬆的擔憂可以支持回收率至2.50美元。

Technical Analysis: XRP Defends Support

技術分析：XRP捍衛支持

XRP continues to defend the psychological support level at $2.00, a key threshold tested multiple times in recent months. Each interaction with this level has triggered a significant buying reaction, signaling strong market support.

XRP繼續捍衛心理支持水平為2.00美元，最近幾個月多次測試了一個關鍵閾值。與此級別的每次互動都引發了重大的購買反應，這標誌著強大的市場支持。

Investors are keenly watching this support zone as it could determine the direction of the next leg of the rally or slide in XRP prices.

投資者敏銳地看著這個支持區，因為它可以確定下一個拉力賽或XRP價格滑動的方向。

Bitcoin Rallies 5.50% Amid Speculation of U.S. Government Buying

比特幣集會在美國政府購買的猜測中5.50％

In other news, Bitcoin (BTC) also saw gains, rebounding 5.50% on March 11 to close at $82,946 after a five-day losing streak. The rally followed speculation that the U.S. government might be buying BTC as part of a strategic reserve initiative.

在其他新聞中，比特幣（BTC）也看到了收益，3月11日的反彈為5.50％，在五天的連勝紀錄之後收於82,946美元。拉力賽隨後猜測，美國政府可能是購買BTC作為戰略儲備計劃的一部分。

Senator Cynthia Lummis reintroduced the Bitcoin Act, proposing that the U.S. government acquire one million BTC over five years with a 20-year holding period.

參議員辛西婭·盧米斯（Cynthia Lummis）重新引入了《比特幣法》，並提議美國政府在五年內以20年的持有期收購了100萬BTC。

Lummis highlighted the importance of this legislation in advancing the U.S.'s economic and technological leadership.

盧米斯（Lummis）強調了這項立法在推進美國經濟和技術領導力方面的重要性。

"By transforming the presidency’s visionary executive action into enduring law, we can ensure that our nation will harness the full potential of digital innovation," Lummis stated.

盧米斯說：“通過將總統的有遠見的行政行動轉變為持久的法律，我們可以確保我們的國家將利用數字創新的全部潛力。”

However, despite this optimism, BTC-spot ETFs reported continuing outflows, with $393.3 million exiting the market on March 10, marking a third consecutive session of declines.

然而，儘管有這種樂觀的態度，BTC-SPOT ETF報告說持續的流出，3.933億美元在3月10日退出市場，標誌著連續第三次下降。

Bitcoin Price Scenarios

比特幣價格方案

Bearish: Rising trade tensions, opposition to the Bitcoin Act, and ETF outflows could drag BTC toward $70,000.

看跌：貿易緊張局勢的上升，對比特幣法案的反對以及ETF流出可能會將BTC拖入70,000美元。

Bullish: Growing political support for the Bitcoin Act and renewed ETF inflows could push BTC toward $109,312.

看漲：對比特幣法案和新ETF流入的政治支持越來越多，將BTC推向了109,312美元。

The future of XRP is closely tied to two major developments.

XRP的未來與兩個主要發展密切相關。

First, the SEC’s decision on whether to proceed with its appeal against the Factor LLC ruling could have a pivotal impact.

首先，美國證券交易委員會（SEC）關於是否對因子有限責任公司裁決提出上訴的決定可能會產生關鍵的影響。

If the SEC drops the appeal, it would clear the way for the approval of XRP-spot ETFs, setting off a chain reaction that could also boost the broader crypto market.

如果SEC撤銷了上訴，它將清除XRP-SPOT ETF的批准，從而引發一個鏈條反應，這也可以增強更廣泛的加密市場。

Second, the level of institutional adoption of XRP for cross-border transactions will be crucial for its long-term viability.

其次，XRP用於跨境交易的機構採用水平對於其長期生存能力至關重要。