XRP（波纹）价格下跌，尽管链活动空前激增

尽管链上活动的前所未有，但XRP（Ripple）经历了一个动荡的时期，其价格下降了。

The world of cryptocurrency has been abuzz with activity as of late, particularly regarding XRP, the digital asset created by Ripple. Known for its close ties to the financial services industry, XRP has experienced a turbulent period, marked by a sharp price drop despite an unprecedented surge in on-chain activity.

加密货币的世界最近充满了活动，特别是关于Ripple创建的数字资产XRP。 XRP以与金融服务行业的紧密联系而闻名，经历了一个动荡的时期，尽管链上活动的前所未有，但价格下降了。

As reported by CCXV, on April 2, XRP saw its highest transaction volume in months, with over one trillion XRP tokens being transferred within a single day. This development sparked heated discussions among crypto traders and analysts, who scrambled to decipher the meaning behind such a massive movement of funds.

据CCXV报道，4月2日，XRP在几个月内看到了其最高的交易量，其中一万万亿代币在一天之内被转移。这一发展引发了加密交易者和分析师之间的激烈讨论，他们争先恐后地破译了这种大量资金转移背后的意义。

The implications of this activity are significant, as it can serve as an indicator of institutional involvement, which tends to be a strong driver of price trends. However, despite the speculation and analysis, XRP's price ultimately reacted negatively to recent macroeconomic policy announcements, continuing its descent.

这项活动的含义很重要，因为它可以作为机构参与的指标，这往往是价格趋势的强大驱动力。但是，尽管进行了猜测和分析，XRP的价格最终对最近的宏观经济政策公告产生了负面反应，继续下降。

Massive On-Chain Surge: What Does It Mean for XRP?

巨大的链潮：这对XRP意味着什么？

The sudden spike in XRP's transaction volume is noteworthy because such activity usually precedes substantial price shifts. In the realm of cryptocurrency, when transaction volume surges, it typically indicates large-scale buying or selling by institutional players, significant fund reallocations, or strategic movements by whales—large holders of a particular cryptocurrency.

XRP交易量的突然峰值值得注意，因为这种活动通常在价格上涨之前。在加密货币的领域，当交易量激增时，通常表示机构参与者的大规模买卖，大量资金重新定位或鲸鱼的战略运动，这是特定加密货币的较大持有者。

In the case of XRP, the reasons behind this activity remain speculative, with traders and analysts offering various hypotheses. Some suggest that the transfers could be related to liquidity adjustments by major exchanges or an accumulation phase by institutional investors.

就XRP而言，这项活动背后的原因仍然是投机性的，商人和分析师提供了各种假设。一些人认为，转移可能与机构投资者进行的主要交易所或累积阶段的流动性调整有关。

However, others argue that it could be a redistribution of holdings among wallets, a common occurrence in the crypto market, especially in a bear market scenario. This possibility has been raised due to the fact that the average transaction size on Monday was 0.000001 XRP, suggesting that a vast number of small transactions might have contributed to the trillion-dollar volume.

但是，其他人则认为，这可能是对钱包中的持股的重新分配，这是加密货币市场的常见情况，尤其是在熊市的情况下。由于周一的平均交易规模为0.000001 XRP，因此提出了这种可能性，这表明大量小型交易可能导致了万亿美元的量。

This massive on-chain activity unfolded as XRP remained within a well-defined trading range, encountering resistance at $2.22 and support at $2.02. The consolidation phase persisted for five days, during which the price struggled to break out of the upper resistance zone despite the bullish implications of heightened activity.

随着XRP仍在定义明确的交易范围内，这种大规模的链上活动展开，遇到2.22美元的阻力，支撑为2.02美元。合并阶段持续了五天，在此期间，尽管看涨活动的影响，但价格仍在努力脱离上限区域。

Market Shock: XRP Reacts to Trump Tariff Policy Announcement

市场冲击：XRP对特朗普关税政策公告做出反应

The period of price stability came to an abrupt end following the announcement of the Trump administration’s new tariff policy. The policy sent shockwaves through financial markets, triggering increased volatility in both traditional finance and cryptocurrency sectors.

在特朗普政府的新关税政策宣布之后，价格稳定的时期突然结束了。该政策通过金融市场造成了冲击波，引发了传统金融和加密货币部门的波动增加。

Among the cryptocurrencies affected by the shift in market mood was XRP, which experienced a sharp decline, pushing its price below the key support level of $2.02. The decrease in price was triggered by the administration’s announcement of imposing a 10% tariff on $300 billion worth of goods from China, beginning on September 1.

在受市场情绪转变影响的加密货币中，XRP急剧下降，将其价格降至2.02美元的关键支持水平以下。从9月1日开始，政府宣布对价值3000亿美元的商品征收10％的关税，这引起了价格下跌。

The market reaction underscores how external geopolitical and economic factors can heavily influence crypto assets. The tariff policy, which also included new trade restrictions on European goods and an extension of an earlier round of tariffs on Chinese goods, created uncertainty among investors. This uncertainty led to a broader risk-off sentiment, prompting traders to liquidate positions in assets perceived as volatile, such as cryptocurrencies.

市场反应强调了外部地缘政治和经济因素如何严重影响加密资产。关税政策还包括对欧洲商品的新贸易限制以及对中国商品的较早关税的扩展，这使投资者造成了不确定性。这种不确定性导致了更广泛的冒险情绪，促使交易者清算被认为是挥发性的资产的头寸，例如加密货币。

Technical Analysis: XRP Price Outlook Hinges on $1.90 Support

技术分析：XRP价格前景取决于$ 1.90的支持

From a technical perspective, XRP is now at a critical juncture. The breakdown below the $2.02 support has placed significant bearish pressure on the asset, with traders now closely monitoring the $1.90 level as the next crucial support.

从技术角度来看，XRP现在处于关键时刻。低于2.02美元的支持的细分已经对资产施加了巨大的看跌压力，现在，交易者密切监视了1.90美元的水平，这是下一个关键支持。

If the price continues to decline and breaks below this support zone, it could open the door for further downward movement, potentially targeting the Fib level of $1.78 or even the 100-SMA on the 4-hour chart, currently at $1.68. However, if the buyers manage to defend the $1.90 support and if the Fib level of $2.08 provides resistance, it could set the stage for a bullish countertrend.

如果价格继续下跌并下降到该支撑区以下，​​它可能会为进一步的下行运动打开大门，可能针对4小时图表上的FIB水平1.78美元，甚至针对100-SM​​A，目前为1.68美元。但是，如果买家设法捍卫1.90美元的支持，并且如果FIB水平为2.08美元，则可以为看涨的反趋势奠定基础。

This scenario hinges on the possibility of a bullish divergence forming in the RSI, which could indicate that the selling pressure is decreasing despite the price decline. Such a divergence, if confirmed, might signal an upcoming reversal in the price trend.

这种情况取决于RSI中看涨差异的可能性，这可能表明尽管价格下降，销售压力仍在下降。如果确认，这种差异可能会表明即将到来的价格趋势逆转。

Fundamental Factors Influencing XRP's Future Price Action

影响XRP未来价格行动的基本因素

Beyond technical analysis, several fundamental factors could shape XRP's price trajectory in the coming weeks:

除技术分析外，几个基本因素可以在未来几周内塑造XRP的价格轨迹：

• Institutional Involvement and Liquidity: The massive on-chain transaction volume could indicate that institutional players are positioning themselves for a long-term strategy. If major financial entities or exchanges are accumulating XRP, this could provide a strong foundation for a future price recovery. However, without clear evidence of accumulation, the possibility of large-scale distribution remains a concern.

•机构参与和流动性：大量的链上交易量可能表明机构参与者正在为长期战略定位。如果主要的金融实体或交易所正在积累XRP，这可能为未来的价格恢复提供巨大的基础。但是，没有明确的积累证据，大规模分布的可能性仍然是一个问题。

• Regulatory Developments: Regulatory clarity continues to be a pivotal factor for XRP's market performance. The ongoing legal battles against Ripple

•监管发展：监管清晰度仍然是XRP市场绩效的关键因素。正在进行的针对Ripple的法律斗争