尽管SEC案件和生态系统增长结束了，XRP价格低迷

Ripple在4月1日的交易价格为2.2美元，比2025年的最高水平下降了35％。XRP硬币很快就会崩溃，即使Ripple USD（RLUSD）量锁定了总价值锁定（TVL）。

The first quarter saw a downturn in XRP price despite some notable Ripple news, including the conclusion of the SEC case and its ecosystem growth.

尽管有一些著名的涟漪新闻，包括SEC案件的结论及其生态系统的增长，但第一季度的XRP价格下降了。

At the beginning of April, Ripple was trading at $2.2, down by 35% from its highest level in 2025. Some technical indicators suggest that there is a risk of the XRP coin crashing soon, even as the Ripple USD (RLUSD) volume to total value locked (TVL) jumped.

4月初，Ripple的交易价格为2.2美元，比2025年的最高水平下降了35％。一些技术指标表明，即使随着Ripple USD（RLUSD）的总价值（TVL）的总价值（TVL），XRP硬币很快就会崩溃。

One of Ripple’s strategies to grow its ecosystem has been the launch of RLUSD, a regulated stablecoin. The goal is to provide an alternative to Tether (USDT) and USD Coin (USDC).

Ripple发展其生态系统的一种策略之一是RLUSD是受监管的Stablecoin。目的是提供系绳（USDT）和美元硬币（USDC）的替代方案。

Both these tokens have faced scrutiny from U.S. authorities, ultimately leading to the closure of the SEC case against Ripple in April.

这两个令牌都面临着美国当局的审查，最终导致SEC案件在4月对Ripple的案件结束。

Recent data shows that the RLUSD stablecoin is still a small player in the stablecoin industry. It has a market cap of over $243 million, a tiny amount in an industry valued at over $237 billion.

最近的数据表明，RLUSD Stablecoin仍然是Stablecoin行业的小玩家。它的市值超过2.43亿美元，一个行业的幅度很小，价值超过2370亿美元。

However, one closely watched metric shows that RLUSD is in a good place. It has a volume-to-total value locked (TVL) of 37%. This figure is much higher than that of other stablecoins. For example, USDC has a ratio of 14.26%, while Tether is slightly behind at 34.5%.

但是，一个密切观看的度量表演表明RLUSD处于一个不错的位置。它的体积到总数锁定（TVL）为37％。这个数字远高于其他稳定剂。例如，USDC的比率为14.26％，而系绳的比率为34.5％。

A higher ratio means that the specific stablecoin’s token is being used by people to handle daily transactions and a higher liquidity is provided to facilitate trading. A stablecoin with a low ratio means that it is not being used.

更高的比例意味着人们正在使用特定的稳定令牌来处理每日交易，并提供更高的流动性来促进交易。比例较低的稳定币意味着它没有被使用。

In the case of USDC, the high liquidity comes from exchanges like Binance, Huobi, and OKX. Most of the trading volume is being done on these platforms.

就USDC而言，高流动性来自Binance，Huobi和Okx等交流。大部分交易量都在这些平台上完成。

In the case of RLUSD, the biggest liquidity provider is Sologenic, followed by Crypto Trading Fund and Coreum. Some smaller contributors include XRP Army and several other tokens.

就RLUSD而言，最大的流动性提供商是Sologenic，其次是加密货币贸易基金和Coreum。一些较小的贡献者包括XRP军队和其他几个令牌。

After a strong start to 2024, the XRP price has also lagged despite other bullish catalysts. Some companies have applied for a spot XRP ETF, while the SEC has ended its case.

在2024年开始强劲的开始之后，尽管其他看涨催化剂，XRP价格也落后。一些公司申请了SPOT XRP ETF，而SEC结束了案件。

Moreover, in the past few months, Ripple has been working to become the best alternative to SWIFT, a network that handles billions of dollars each day.

此外，在过去的几个月中，Ripple一直在努力成为Swift的最佳选择，Swift是一个每天处理数十亿美元的网络。

While Ripple has some solid fundamentals, there is a risk that it will have a strong downtrend in the coming weeks.

尽管Ripple具有扎实的基本原理，但有风险在未来几周内将其下降趋势强劲。

There is a risk that the XRP price is about to form a death cross pattern as the spread between the 50-day and 200-day Weighted Moving Averages (WMA) narrows. A death cross is a highly risky pattern in technical analysis.

随着50天和200天加权移动平均（WMA）狭窄之间的传播，XRP价格即将形成死亡交叉模式。在技​​术分析中，死亡十字架是一种高度风险的模式。

It occurs when the shorter-term MA crosses below the longer-term one. Usually, the 50-day and 200-day Simple Moving Averages are used to form this cross.

当较短的MA横穿长期的MA时，就会发生这种情况。通常，使用50天和200天的简单移动平均值来形成此十字架。

In the case of XRP, the 50-day WMA is converging with the 200-day one, and the former could soon cross below the latter. If this happens, it will form a death cross, which could escalate the bearish trend.

就XRP而言，为期50天的WMA与200天的WMA汇聚在一起，前者很快就会越过后者。如果发生这种情况，它将形成一个死亡十字架，这可能会升级看跌趋势。

The other risk is that the Ripple price has formed a head and shoulders pattern, whose neckline is at around $2. This price coincides with the 50% Fibonacci Retracement, which is drawn by connecting the lowest point in 2024 and highest level this year.

另一个风险是波纹价格已经形成了头和肩膀的图案，其领口约为2美元。这个价格与50％的斐波那契回纹相吻合，这是通过连接2024年最低点和今年最高水平来提取的。

Therefore, a drop below this neckline will be a victory for bears, who will trigger panic selling. More downside will push the token downwards, potentially to the $1.5, the 61.8% Fibonacci Retracement level.

因此，这条领口下方的下降将是熊队的胜利，熊会引发恐慌销售。更多的缺点将使令牌向下推动，可能会降至1.5美元，即61.8％的斐波那契反回试。

The bearish Ripple price forecast will be canceled if the coin surges above right shoulder point at $3. Such a move will likely trigger a jump to the YTD high of $3.4, followed by the psychological point at $5.

如果右肩上方的硬币飙升为3美元，则看跌波纹价格预测将被取消。这样的举动可能会触发YTD高点3.4美元，其次是5美元的心理观点。