諾伊達（Coinchapter.com） - 儘管有利的技術，XRP價格表現不佳和ETH

儘管技術設置有利並提高了ETF的期望。 XRP價格飆升至當地高點接近2.31美元

NOIDA (CoinChapter.com) – Among the leading cryptocurrency tokens, Ripple’s XRP had a less impressive performance compared to Bitcoin and Ethereum despite a favorable technical setup and heightened expectations for an ETF.

諾伊達（Coinchapter.com） - 在領先的加密貨幣代幣中，儘管技術設置有利，並且對ETF的期望提高了，但Ripple的XRP與比特幣和以太坊相比的性能較小。

After breaking above a falling wedge pattern on April 27, XRP price surged toward a local high near $2.31 on April 29. However, sellers quickly regained control, causing XRP price to slip back.

在4月27日超過楔形模式下降之後，XRP Price在4月29日的當地高價接近2.31美元。但是，賣家很快恢復了控制權，導致XRP價格退縮。

The lack of follow-through from buyers after the breakout signaled caution among traders. Both Bitcoin and Ethereum continued their upward trajectory. BTC held above the $94,000 mark, extending April gains amid consistent spot ETF inflows and strong institutional interest.

突破後，買家缺乏後續行動表明交易者的謹慎。比特幣和以太坊都繼續向上軌跡。 BTC在$ 94,000的股票上保持超過94,000美元，在ETF穩定的ETF流入和強大的機構興趣中延長了4月的收益。

Meanwhile, ETH stabilized above $1,800 after bouncing from monthly lows. Both assets benefited from mature market infrastructure, approved spot ETFs, and improved investor confidence—three key ingredients that XRP still lacked.

同時，ETH從每月低點彈跳後穩定在1,800美元以上。這兩種資產都受益於成熟的市場基礎設施，批准的現貨ETF以及提高投資者的信心，這是XRP仍然缺乏的三個關鍵成分。

As Bitcoin and Ethereum continue to trade with ETF tailwind, highlighting the structural disadvantage of XRP, whose token is still subject to SEC scrutiny.

隨著比特幣和以太坊繼續與ETF尾風進行交易，突出了XRP的結構性劣勢，XRP的結構劣勢仍然受到SEC的審查。

Technical Analysis Shows Lack Of Conviction As XRP Price Stalled

技術分析表明，由於XRP價格停滯不前，缺乏信念

技術分析表明，由於XRP價格停滯不前，缺乏信念

After breaking out of a multi-month falling wedge, XRP’s price failed to generate strong follow-through, even as the breakout zone, near the $2.17–$2.20 band, pushed the token toward $2.31.

XRP的價格突破了一個多個月的下降楔形後，即使$ 2.17-2.20的樂隊的突破區也將令牌推向了2.31美元。

However, the move stalled just below the 0.5 Fibonacci retracement level, which is around $2.23, and failed to challenge the stronger resistance at $2.5. The token is now trading sideways near $2.23, showing early signs of exhaustion and hesitation among buyers.

但是，這一舉動停滯在0.5斐波那契回回水平以下，約為2.23美元，未能以2.5美元的價格挑戰更強的阻力。該令牌現在側面交易近2.23美元，顯示了買家的早期疲憊和猶豫的跡象。

Above, immediate resistance is now at $2.49. A clean break above that level could extend the rally toward the $2.86 zone, marked by the 0.786 Fib retracement.

上面，立即阻力為$ 2.49。高於該水平的干淨突破可以將集會延伸到$ 2.86的區域，並以0.786的FIB回撤為標誌。

On the downside, support is now at $1.97, which aligns with the 0.382 Fib level and below the 50-day EMA. Losing this zone could open the door to a deeper correction toward the $1.65 region, which coincides with the 0.236 Fib retracement.

不利的一面是，支持現在為1.97美元，與0.382 FIB水平相吻合，低於50天EMA。失去該區域可能會為$ 1.65區域進行更深入的校正，這與0.236的FIB回撤相吻合。

The Relative Strength Index (RSI) remains flat near 55, indicating a neutral bias. Volume has also decreased after the breakout, showing a lack of conviction.

相對強度指數（RSI）保持在55附近，表明中性偏差。突破後的數量也減少了，表明缺乏信念。

As XRP failed to maintain momentum after escaping a technically bullish structure, it suggests that traders remain unconvinced. Unless bulls can reclaim $2.49 with strong volume, XRP risks slipping back into a consolidation phase.

由於XRP在逃脫了技術看漲的結構後未能保持動力，這表明交易者仍然不相信。除非公牛可以以強勁的量回收$ 2.49，否則XRP風險將返回合併階段。

SEC Rejected WisdomTree’s Spot XRP ETF Application

SEC拒絕了WisdomTree的位置XRP ETF應用程序

SEC拒絕了WisdomTree的位置XRP ETF應用程序

The technical indecision in the Ripple token’s price is mirrored by the regulatory limbo surrounding its ETF ambitions.

漣漪令牌價格中的技術猶豫不決是由圍繞其ETF野心的監管障礙所反映的。

On April 30, the SEC formally rejected WisdomTree’s application for a spot XRP ETF, citing the same concerns it has raised since 2022, despite a new administration and a more crypto-aligned SEC chairman, Paul Atkins.

4月30日，SEC正式拒絕了Wisdomtree對Spot XRP ETF的申請，但自2022年以來就提出了同樣的擔憂，儘管有新的政府和更加加密的SEC主席Paul Atkins。

The rejection highlights the agency’s skepticism toward XRP’s market infrastructure, which persists despite changes in the political landscape. The SEC's decision is based on three key objections.

該拒絕強調了該機構對XRP市場基礎設施的懷疑，儘管政治格局發生了變化，該基礎設施仍然存在。 SEC的決定基於三個關鍵異議。

First, the agency argues that XRP’s spot markets are still vulnerable to manipulation due to fragmented liquidity and inconsistent oversight. Most trading takes place on offshore platforms with limited surveillance, making it difficult for U.S. exchanges to ensure fair pricing.

首先，該機構認為，由於流動性分散和監督不一致，XRP的現貨市場仍然容易受到操縱的影響。大多數交易都在監視有限的離岸平台上進行，這使得美國交易所難以確保公平定價。

Second, the lack of any formal surveillance-sharing agreement between a U.S. exchange and a major XRP trading venue violates one of the SEC’s main requirements for approving spot ETFs.

其次，美國交易所與主要XRP交易場所之間缺乏任何正式的監視共享協議違反了SEC批准現場ETF的主要要求之一。

Third, the agency mentions investor protection risks, particularly concerning XRP’s price volatility and susceptibility to rapid declines—concerns that directly reflect the weakness in the current technical setup.

第三，該機構提到投資者保護風險，特別是關於XRP的價格波動和對快速下降的敏感性的風險，這直接反映了當前技術設置的弱點。

However, these arguments seem increasingly out of sync with the broader political narrative. With Trump back in office and Atkins known for criticizing excessive regulation, many anticipated swift approval for XRP’s ETF.

但是，這些論點似乎越來越與更廣泛的政治敘述不同步。隨著特朗普重新上任，阿特金斯（Atkins）以批評過度監管而聞名，許多人期望迅速批准XRP的ETF。

Futures-based XRP ETFs, including leveraged and inverse products, have already been approved. But the SEC continues to block a spot ETF despite the availability of futures products.

基於期貨的XRP ETF，包括槓桿和逆產品，已經獲得批准。但是，儘管有期貨產品可用，但SEC仍繼續阻止ETF。

This contradiction raises questions about the agency’s internal procedures and its unwillingness to treat the Ripple token on the same terms as Bitcoin and Ethereum, both of which have approved spot ETF structures.

這一矛盾提出了有關該機構內部程序的疑問及其不願意以與比特幣和以太坊相同的條款對待漣漪令牌的問題，它們均已批准了現場ETF結構。

Nevertheless, the BTC and ETH spot ETFs also faced significant delays, which is a silver lining for those hoping to see an XRP ETF approved.

然而，BTC和ETH斑點ETF也面臨著重大的延遲，這對於希望看到XRP ETF批准的人來說是一線希望。