#jumpy's analyses

Reasons:

The other ribbons so far are pink, white and blue, that's literally how they're described

all of those have strong associations with Ralsei, in part due to the game putting them on her (check a fresh ch2 save for that) and in part due to the very elaborate reactions she has towards them (the Blue Ribbon has SIXTEEN UNIQUE PIECES of equip text)

On that last note, the Twin Ribbon's description states "you'll have to tie your hair in pigtails", and Ralsei's reaction to it is "try around my horns!"

Onto the Princess Ribbon itself, we still don't know about a single PRINCESS in utdr. The closest there is is Mettaton in that one sce- wait fuck

TANGENT: METTATON'S DRESS

Mettaton is the closest to a princess in utdr and he wears a dress almost identical to the one on the Mannequin

Ralsei says the mannequin's dress is cute

There is also another Mannequin in hometown, dressed up as Ralsei.

Back on topic

Ralsei's equip text for the item is "Cute! (Gloves don't fit)". She wears something that is definitely a symbol of femininity, while saying it doesn't fully fit her.

Ralsei is implied to be amorphous. She turns into a pile of fluff, her face changes when she takes off her hat, and she can fit in a whole horse costume by herself

If Ralsei can change shape, why wouldn't she be able to put on the gloves????

I'm not saying Ralsei is definitely transfem because of a few ribbons, I'm just saying she's repeatedly being shown to embrace symbols of femininity even if they don't fully fit her. The supposed Prince of the Dark, as foretold by fate itself, puts on literal princess's clothing even when it doesn't fully fit her.

Here's my theories:

The Digital Circus worked as a way to upload the players' minds into a digital realm so Scratch could Not Die

C&A stands for Cain and Abel wherein the supposed "Abel" was a more advanced AI that did Caine's job better than him; he reused the name in e7 to throw the players off just like what he did w C&A itself

(Side note there's a clothing store called C&A here in Brasil so this whole thing is just super amusing to me)

There have been pokemon based on Brasil since Gold and Silver, which released in 1999. Specifically, Hitmontop, is named "Kapoerer" in Japanese (referencing capoeira, a martial art developed by black communities during their enslavement in Brasil and Angola) and is shown performing a basic capoeira movement in its 3d model's animation. Not only was this removed from certain translations, such as English and Spanish, this was also the ONLY KIND of representation any sort of black culture had in Pokémon for TEN YEARS, when Black and White released, and with it, black characters like Lenora and Marshal.

But the story doesn't stop there for Brasil! We still didn't have any way to play these games in our mother tongue! Which didn't mean they'd stop using our culture for inspiration, of course. Whimsicott from Black and White is partially based on the Saci from Brazilian folklore, and Quaquaval from Scarlet and Violet is blatantly based on Brazilian samba. Hell, on the topic of Scarlet and Violet, why not add the PTBR translation then???? The region us based on the Iberian peninsula, which includes Spain and Portugal, so it would have been a perfectly thematic moment to include this language! It was 2022! It couldn't have been THAT hard!

But no. The Pokémon Company International, responsible for the biggest IP in the planet, waited for 30 years to actually include us in their main product. They'd use our culture as inspiration, as fuel for their marketing, but refuse to sell us their products.