XRP价格慢慢形成了看涨的模式，指出随着鲸鱼的购买和与Circle的谈判的最终反弹。

Ripple（XRP）周二的交易价格为2.33美元，比本周最高点下降了12％。

In a turbulent cryptocurrency market, Ripple (XRP) has been slowly forming a bullish pattern, which could lead to an eventual rebound.

在动荡的加密货币市场中，Ripple（XRP）一直在慢慢形成看涨模式，这可能导致最终的反弹。

After reaching a high of $2.65 on Friday, XRP price fell by 12% to trade at $2.33 on Tuesday.

在周五达到2.65美元的最高点之后，XRP价格下跌了12％，周二以2.33美元的价格交易。

On-chain data shows that whales have continued buying the coin as it experiences several key catalysts. One of these is the ongoing negotiations for Ripple Labs to acquire Circle, the creator of USD Coin (USDC).

链上的数据表明，鲸鱼继续购买硬币，因为它经历了几种关键的催化剂。其中之一是Ripple Labs持续进行的谈判，即USD硬币（USDC）的创建者Circle。

A Circle buyout would propel Ripple Labs into becoming the second-biggest player in the stablecoin industry. It would also make Ripple the third most profitable crypto project after Tether (USDT) and Tron (TRX).

圈子的收购将使Ripple Labs成为Stablecoin行业的第二大玩家。这也将使波纹成为仅次于Tether（USDT）和Tron（TRX）的第三大盈利加密项目。

TokenTerminal data shows that Circle has made $1.58 billion this year.

Tokenterminal数据表明，Circle今年赚了15.8亿美元。

The integration would also help to complement Ripple USD (RLUSD), its recently-launched stablecoin, which has a market cap of over $313 million.

该集成还将有助于补充其最近发出的Stablecoin的RLUSD（RLUSD），其市值超过3.13亿美元。

Another top XRP catalyst is the growing demand for Ripple assets on Wall Street. For example, eleven companies have applied for a spot XRP ETF, more than Solana’s seven.

另一个顶级XRP催化剂是华尔街对波纹资产的需求不断增长。例如，有11家公司申请了XRP ETF，而不是Solana的七个公司。

Earlier this year, the US Securities and Exchange Commission (SEC) approved the first two spot crypto ETFs, focusing on Bitcoin (BTC) from WisdomTree and Invesco. However, both companies later pulled out their applications.

今年早些时候，美国证券交易委员会（SEC）批准了前两个位置加密ETF，重点是WisdomTree和Invesco的比特币（BTC）。但是，两家公司后来撤销了他们的申请。

Later, the agency approved the first two spot crypto ETFs, focusing on Bitcoin (BTC) from WisdomTree and Invesco. Both companies later pulled out their applications.

后来，该机构批准了前两个位置加密ETF，重点是Wisdomtree和Invesco的比特币（BTC）。两家公司后来撤销了他们的申请。

Recently, Teucrium launched its 2X ETF, ticker XXRP, which has now gained over $106 million in assets.

最近，Teucrium推出了2倍ETF，Ticker XXRP，现在已经获得了超过1.06亿美元的资产。

CME Group has also launched new regulated XRP futures, opening them to US investors. There are chances that one or more companies will offer ETFs to track these futures.

CME集团还推出了新的受监管的XRP期货，向美国投资者开放了这些期货。有可能会有一家或多家公司提供ETF来跟踪这些未来。

Polymarket data shows that the odds of a spot XRP ETF approval have risen to over 80% this year. With XXRP fund having substantial inflows, there is a likelihood that these funds will also have demand from Wall Street investors.

Polymarket数据表明，XRP ETF批准的几率已上升到今年的80％以上。随着XXRP基金的大量流入，这些基金也有可能对华尔街投资者的需求。

In the past week, XRP news also saw a major development as the United Arab Emirates-based Zand Bank announced an integration with Ripple for cross-border payments.

在过去的一周中，XRP新闻还取得了重大发展，因为总部位于阿拉伯联合酋长国的Zand Bank宣布与Ripple进行跨境支付的整合。

Announced on Tuesday, the integration will see the bank’s customers in the UAE and other Middle Eastern countries gain access to fast and low-cost cross-border payments in various currencies.

该集成将于周二宣布，该银行将在阿联酋和其他中东国家的客户获得各种货币的快速和低成本跨境支付。

The integration comes shortly after Mamo, a leading payments and foreign exchange solutions provider in the Middle East and North Africa, announced a partnership with Ripple to facilitate cross-border payments.

在中东和北非的领先付款和外汇解决方案提供商Mamo宣布与Ripple建立合作伙伴关系以促进跨境支付之后，该整合不久。

Together, these partnerships will help Ripple grow its market share against Swift, which handles over $150 trillion in annual payments.

这些合作伙伴关系将有助于与Swift相对于Swift的市场份额发展，Swift处理了超过1500万亿美元的年度付款。

Rising interest in XRP

XRP的兴趣上升

These catalysts help explain why whales have continued buying XRP tokens.

这些催化剂有助于解释为什么鲸鱼继续购买XRP令牌。

Data by Santiment shows that wallets holding between 1 million and 10 million tokens now hold over 6 billion tokens.

Santiment的数据表明，持有100万至1000万个令牌的钱包现在持有超过60亿个令牌。

Those holding between 100 million and 1 billion coins have increased their collective XRP holdings to 9.74 billion tokens, up from 8.16 billion in April.

那些持有1亿到10亿硬币的人将其集体XRP持有量增加到97.4亿代币，高于4月的81.6亿。

As seen in the chart above, there has also been a decrease in the number of tokens held by wallets with less than 10,000 tokens. This indicates that smaller investors are exiting their positions.

如上图所示，在不到10,000个令牌的钱包中持有的令牌数量也减少了。这表明较小的投资者正在退出职位。

Technical analysis

技术分析

The daily chart shows that XRP price is wobbling and has retested the 50-day Exponential Moving Average at $2.2850. It has also formed an inverse head and shoulders pattern, with the neckline at $2.5812.

每日图表显示，XRP价格正在摇摆，并将50天的指数移动平均值重新测试为2.2850美元。它还形成了一个逆头和肩膀图案，领口为2.5812美元。

The coin has already completed the formation of the head and shoulders structure and only needs to move above the neckline.

硬币已经完成了头部和肩膀结构的形成，只需要在领口上方移动即可。

A move above the neckline at $2.5812 will point to more gains, potentially to the year-to-date high of $3.40, up by 45% from the current level. A drop below the psychological point at $2 will invalidate the bullish outlook.

$ 2.5812的领口上方的举动将指向更多的收益，可能会超过3.40美元，比目前的水平增长45％。低于心理点2美元的下降将使看涨的前景无效。