儘管比特幣的歷史最高高於111,000美元，但XRP仍在努力回收以前的高點

鏈上數據顯示，5月21日，鯨魚地址從Kraken Exchange移動了近250m XRP令牌。

Bitcoin (BTC) has been performing impressively in recent times, finally breaching the $111,000 barrier after several attempts. However, despite this milestone, many altcoins, including XRP, are still struggling to recover previous highs.

比特幣（BTC）最近表現令人印象深刻，終於在嘗試了幾次嘗試後違反了111,000美元的障礙。然而，儘管有這一里程碑，但包括XRP在內的許多AltCoins仍在努力恢復以前的高點。

In the last 24 hours, XRP price has seen a modest 3.6% gain, even as a 250M whale move failed to ignite a rally. This lackluster performance is in contrast to other top altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA), which have seen triple-digit gains in the same period.

在過去的24小時內，XRP價格的增長率為3.6％，即使2.5億鯨的舉動未能點燃集會。這種乏味的表現與其他頂級山寨幣（如Solana（Sol），Dogecoin（Doge）和Cardano（Ada）形成鮮明對比，後者在同一時期看到了三位數的增長。

So, why is the price stalling, and what should traders expect next from XRP?

那麼，為什麼價格停滯，交易者應該從XRP那裡獲得什麼期望？

XRP Price Struggles Despite 250M Buying Spree

XRP價格掙扎，儘管2500億美元購買

On-chain data shows that on May 21, a whale address moved nearly 250M XRP tokens from the Kraken exchange. In most cases, heavy accumulation by XRP whales often precedes notable gains in price as demand surges and the supply on exchanges drops.

鏈上數據顯示，5月21日，鯨魚地址從Kraken Exchange移動了近250m XRP令牌。在大多數情況下，隨著需求激增和交易所的供應下降，XRP鯨魚的大量積累通常在價格上取得顯著收益。

However, this was not the case this time around. In the last 24 hours, Ripple price has fluctuated between a daily low of $2.33 and a daily high of $2.43. At press time, XRP has posted the least gains compared to other top altcoins like Solana, Dogecoin, and Cardano.

但是，這次並非如此。在過去的24小時內，連鎖反應在每日低2.33美元和每日高度2.43美元之間波動。在發稿時，與Solana，Dogecoin和Cardano等其他頂級山寨幣相比，XRP的收益最低。

This outlook shows that this buying pressure was not adequate to fuel an XRP price rally, and this is due to multiple reasons.

該前景表明，這種購買壓力不足以加油XRP價格集會，這是由於多種原因。

Chart: View on CoinMarketCap

圖表：在CoinMarketCap上查看

Whales, Overcrowded Long Positions Hinder XRP’s Rally

鯨魚，人滿為及的長位置阻礙了XRP的集會

XRP’s price failed to move after the 250M whale move due to higher selling pressure than buying pressure, as whales rapidly dumped the token after it briefly crossed the $2.40 resistance level. Per Santiment data, whales holding between 10M and 100M dumped 100M tokens in the last 24 hours.

XRP的價格與購買壓力相比，由於銷售壓力更高後，XRP的價格未能移動，因為鯨魚短暫地超過了2.40美元的電阻水平，因此鯨魚迅速傾倒了令牌。根據數據，在過去24小時內，容納10m至100m之間的鯨魚將100m令牌傾倒了。

Additionally, long traders continue to get liquidated as rekt data from Coinglass shows that $3M longs were wiped out in the last 24 hours. This further added to the sell-side pressure from whales, causing the XRP price to stall despite the 250M purchase.

此外，隨著Coinglass的Rekt數據顯示，在過去的24小時內將300萬美元的渴望淘汰了。這進一步增加了鯨魚的賣方壓力，儘管購買了250億美元，但仍導致XRP價格失速。

Data from Binance also shows overextended leverage towards XRP, and this is posing a mid-term risk of a price correction. The long/short accounts ratio on the exchange is at 3.12, showing that for every 1 short, there are 3 longs.

Binance的數據還顯示了XRP的過度擴展槓桿作用，這構成了價格校正的中期風險。交易所的長/短帳戶比率為3.12，表明每1個短，有3個較長。

While the above data shows that the market is bullish, it also shows overcrowded long positions on Binance, and with traders already positioned for upside, there lacks new demand to support short-term rallies.

儘管以上數據表明市場是看好的，但它也表明了二元性的長期頭寸，並且由於交易員已經定位為上行空間，因此缺乏支持短期集會的新需求。

This setup also increases the risk towards XRP price if market makers, who usually go contrary to the market position, step in to sell and force the price down. This may force a reset to wipe out the high leverage and give room for the Ripple price to surge.

如果做市商通常違反市場地位，介入並強迫價格降低，則這種設置還會增加XRP價格的風險。這可能會迫使重置以消除高槓桿作用，並為連鎖反應的價格騰出空間。

What to Expect from XRP Price

XRP價格的期望

As Bitcoin drains liquidity from altcoins and XRP struggles with an overleveraged futures market and whale selling, the price is likely to drop to retest the $2.32 support. This drop may spark long liquidations that will push the price to $2.16, causing a reset that will kickstart a healthy uptrend to higher levels.

隨著比特幣從Altcoins和XRP掙扎中的流動性與過度槓桿市場和鯨魚銷售的鬥爭中，價格可能會降低以重新測試2.32美元的支持。這種下降可能會引髮長時間的清算，這將使價格提高到2.16美元，從而導致重置將健康的上升趨勢升至更高的水平。

The RSI also needs to form a higher high to confirm bullish strength and support more gains for XRP’s price. Currently, the RSI is at 55 and tipping north, and if it sustains the upward trend, it may aid XRP’s breakout from consolidation and fuel a rally to $2.61.

RSI還需要形成更高的高高，以確認看漲的力量並為XRP的價格提供更多的收益。目前，RSI為55，北傾倒，如果它維持上升趨勢，它可能有助於XRP從合併和推動集會到2.61美元的突破。

Therefore, XRP’s failure to move after the nearly 250M buying spree is because of inadequate buy-side pressure to counter selling pressure from whales and long liquidations. The overleveraged long positions may also deter new buyers, causing the XRP price rally to stall.

因此，XRP在接近2.50億美元的狂歡之後未能移動是因為購買側壓力不足以抵消鯨魚和長時間清算的銷售壓力。過度使用的長位置也可能會阻止新買家，從而導致XRP價格集會到失速。