Before US-China trade negotiations, XRP price bullish rebound


Large-volume investors' risk-on mindset keeps XRP at $2.10.

Crypto and markets concentrate on the Fed interest rate meeting before US-China trade negotiations.

A critical RSI near the midline indicates XRP price consolidation and trader hesitation.

As consolidation continues on Wednesday ahead of the Federal Reserve's (Fed) interest rate announcement and US-China trade negotiations, Ripple (XRP) price remains flat at $2.10. Bitcoin's (BTC) unstable price activity between $94,000 and $96,000 shows traders may wait for interest rate data to judge the market's direction. Whales' risk-on mindset might maintain XRP above key support zones and spark a surge above $3.00 in the coming weeks.

The CME Group FedWatch Tool indicates market participants anticipate the FOMC to maintain interest rates at 4.25%-4.5%. The K33 Research weekly report states, "the Fed's cautious stance stems from continued uncertainty driven by tariff policies and broader macroeconomic risks."

US-China trade talks this weekend

Investor fear caused by US-China tariff shocks destabilized global markets in April. Beyond tariffs, the US banned NVIDIA from shipping its H20 computer processor to China, escalating tensions. Beijing has stopped exporting rare earth materials to the US, vowing to battle until the end.

However, analysts worry that softening trade tensions might affect global commerce, forcing US-China senior officials to meet.

"The current tariffs and trade barriers are unsustainable, but we don't want to decouple," US Treasury Secretary Scott Bessent said Tuesday before meeting China's top economic leader, He Lifeng, in Switzerland this weekend.

Global markets, including crypto, will watch trade negotiations for a deescalation.

Despite ETF inflows topping 50,000 BTC between April 21 and May 2, Bitcoin's rise has failed to break $97,000, warning traders ahead of the FOMC meeting on Wednesday.

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