XRP Price Approaches Final Crossroads After Multi-Year Consolidation

經過多年整合，XRP 價格接近最終十字路口

Originally published on Coinpedia Fintech News

原文刊登於 Coinpedia 金融科技新聞

After failing to maintain the support level of approximately 62 cents last month, Ripple Labs-backed XRP has faced significant bearish pressure in recent days. The large-cap altcoin, with a fully diluted valuation (FDV) of around $52 billion, unsuccessfully attempted to rally above the resistance level of 58 cents on Monday.

在上個月未能維持約 62 美分的支撐位後，Ripple Labs 支持的 XRP 最近幾天面臨著巨大的看跌壓力。這種大盤山寨幣的完全稀釋估值（FDV）約為 520 億美元，週一試圖反彈至 58 美分的阻力位上方，但未能成功。

Consequently, it is reasonable to anticipate a decline in XRP's price, potentially pushing the altcoin below 50 cents in the near future. Furthermore, XRP has closed below the critical weekly rising Logarithmic support level for the past five weeks.

因此，可以合理預期 XRP 價格下跌，並可能在不久的將來將山寨幣推至 50 美分以下。此外，XRP 收盤價低於過去五週的關鍵每週上升對數支撐位。

Rejuvenating XRP Bulls

重振 XRP 牛市

To establish an upward trend and avoid becoming a "zombie coin," XRP must consistently close above the weekly 50 Moving Average (MA). Failure to regain control by the bulls could lead to a further decline towards the support level of approximately 42 cents in the coming weeks.

為了建立上升趨勢並避免成為“殭屍幣”，XRP 必須始終收於每週 50 移動平均線 (MA) 之上。如果多頭未能重新獲得控制權，可能會導致未來幾週進一步跌向約 42 美分的支撐位。

Crucially, Ripple must prevail in its legal battle against the United States Securities and Exchange Commission (SEC).

至關重要的是，Ripple 必須在與美國證券交易委員會 (SEC) 的法律訴訟中獲勝。

#XRPCommunity #SECGov v. #Ripple #XRP The @SECGov has filed its redacted remedies reply brief & supporting exhibits.https://t.co/qZ6GTtSFmL— James K. Filan (@FilanLaw) May 7, 2024

#XRPCommunity #SECGov v #Ripple #XRP @SECGov 已提交其經過編輯的補救措施答覆摘要和支持證據。

On Tuesday, the US SEC submitted its remedies reply brief and supporting exhibits under seal. Ripple also filed its redacted remedies reply brief and supporting exhibits upon entry of final judgment.

週二，美國證券交易委員會提交了其補救措施答覆摘要和密封的支持證據。 Ripple 還在做出最終判決時提交了經過編輯的補救措施答复摘要和支持證據。

Future Outlook

未來展望

Ripple Labs has staunchly defended XRP in court against the SEC's regulatory enforcement actions. With the US Congress working to establish clear regulations for cryptocurrencies and stablecoins, XRPL developers remain optimistic about the future.

Ripple Labs 在法庭上堅定地為 XRP 辯護，反對 SEC 的監管執法行動。隨著美國國會致力於為加密貨幣和穩定幣制定明確的法規，XRPL 開發人員對未來保持樂觀。

Additionally, Ripple has recently launched XRPL's automated market maker (AMM) and plans to introduce its fiat-backed stablecoins later this year.

此外，Ripple 最近推出了 XRPL 的自動做市商（AMM），並計劃在今年稍後推出其法定支援的穩定幣。

However, Ripple must continue to develop XRPL to become a major Web3 hub on par with Solana (SOL) and Ethereum (ETH) or risk being overshadowed by meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB).

然而，Ripple 必須繼續開發 XRPL，成為與 Solana (SOL) 和以太坊 (ETH) 同等的主要 Web3 中心，否則就有被狗狗幣 (DOGE) 和柴犬 (SHIB) 等 meme 幣所掩蓋的風險。