尽管最近几天的整个加密货币市场都承受着压力，但一些山寨币正在遭受苦难

尽管有涟漪（代币背后的公司）本月收到了积极的法律新闻，但XRP还是成为最大的失败者之一

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.

加密货币市场最近遇到了巨大的压力，比特币和以太坊（Ethereum）等主要硬币受到了重大打击。但是，尽管大多数山寨币也一直在挣扎，但有些人遭受的损失比其他甲板遭受的损失更大。

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

尽管公司背后的Ripple背后，但本月收到了一些积极的法律新闻，但最大的失败者之一是XRP。

The Rise And Fall Of XRP’s Price

XRP价格的上涨和下跌

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经历了巨大但短暂的激增至2.60美元。波纹首席执行官布拉德·加林豪斯（Brad Garlinghouse）的宣布，他的公司与美国证券交易委员会（SEC）的长期诉讼有效地结束了这一集会。

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.

四年来，XRP社区一直热切期待这一刻，希望一项有利的裁决能够激发持续的公牛奔跑。但是，兴奋是短暂的。

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中的集会迅速变成了一本教科书“卖新闻”活动，宣布后价格迅速下降。即使上周对诉讼关闭的官方确认，也无法利用法律胜利。取而代之的是，XRP看到了一个新的低点，低于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日以来，当XRP达到2.60美元的高峰时，令牌损失了其价值的20％左右。如果这种下降趋势持续并且价格下降到2.00美元以下，那么尽管Ripple有利的监管结果，我们仍会看到更多麻烦酿造。

Broader Market Correction Contributes To XRP’s Struggles

更广泛的市场更正有助于XRP的斗争

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.

尽管XRP的下降可以部分归因于诉讼新闻后的利润，但考虑到影响所有主要加密货币的更广泛的市场校正也很重要。

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.

比特币（BTC），以太坊（ETH）和Solana（Sol）都遭受了巨大的损失，尽管没有一个像XRP那样明显。尽管一般的市场低迷，XRP的急剧下降表明，除了宏观经济景观之外，还发挥了作用的其他潜在因素。

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

鲸鱼活动：XRP崩溃背后的无声力量？

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急剧下降的另一个潜在催化剂是大型市场参与者（通常称为鲸鱼）的行为，他们历来在塑造令牌的价格变动中发挥了关键作用。

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.

在美国大选之后，许多鲸鱼进行了积累的狂潮，这与XRP在短短几个月内从0.60美元的流星上升到3.40美元。但是，最近的数据表明，这些主要持有人已经改变了他们的方法，从事大规模抛售而不是积累。

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.

这种大规模的鲸鱼处置有可能引起连锁反应，引发散户投资者的恐慌销售，并加剧对XRP价格的下降压力。如果这种销售趋势继续下去，我们可能会在不久的将来看到更多的暴力价格波动。

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.

尽管目前的下降趋势趋势，但一些分析师认为XRP可以在2.00美元的水平左右找到强大的支持。如果持有，则可能会看到潜在的反弹。但是，低于此心理阈值的决定性突破可能会导致更深的损失，并有可能测试较低的支撑区域约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.

在短期内，几个关键因素将决定XRP的轨迹：SEC上诉窗口的结果，该窗口将于3月31日关闭；美国当局的任何新法规更新；以及在更广泛的市场条件下持续恢复的潜力。

Optimism Or A Sign Of Deeper Trouble?

乐观还是更深层麻烦的迹象？

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.

随着XRP继续以2.10美元的价格进行交易，不安的感觉越来越不安。特别是因为它似乎是最近几天表现最差的前20个山寨币。

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.

尽管更广泛的市场更正肯定起着作用，但获利，“卖新闻”的动态和鲸鱼抛售的结合似乎对XRP的价格产生了独特的影响。

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.

接下来的几周对于确定XRP是否可以稳定或进一步损失而至关重要。目前，贸易商和投资者正在密切关注，以查看令牌是否可以超过关键的2.00 $ 2.00支持水平，或者是否不可避免地会急剧下滑。