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Ripple USD chart bearish trend forecast XRP, also known as Ripple, is one of the most widely traded cryptocurrencies in the forex and crypto market, paired frequently against the US Dollar (USD). Often called the “banker’s coin” because of its use in cross-border payments, XRP/USD is a popular pair for traders looking at both fundamental drivers and price action signals. From a fundamental perspective, today’s USD-related events carry high importance. Several Federal Reserve officials, including Governor Christopher Waller, Cleveland Fed President Beth Hammack, St. Louis Fed President Alberto Musalem, and New York Fed President John Williams, are scheduled to speak at global financial conferences. Given their FOMC voting status, any hawkish tone could strengthen the USD, pressuring XRP/USD lower. Additionally, the pending home sales data from the National Association of Realtors will be released, serving as a forward-looking indicator of economic health. Stronger-than-expected figures would further boost the USD. Consequently, Ripple’s price action against the dollar could remain under pressure in the short term if policymakers highlight restrictive monetary policy or if US housing data exceeds forecasts. Image Chart Notes: • Chart time-zone is UTC (+03:00) • Candles’ time-frame is 4h. On the technical side of the XRPUSD H4 chart, the price is moving in a long-term bearish trend. After testing the strong support zone near 2.73 – 2.70, XRP/USD has so far failed to break below, creating a flat bottom formation. Following this support test, the pair has corrected higher with three consecutive large bullish green candles, reflecting a temporary recovery. However, the short-term trend angle tool highlights a -47° bearish slope, confirming the dominant downside momentum. The price also remains below the Ichimoku red cloud, where the top line of the cloud is flat, and the cloud itself has expanded with a downward-moving leading span A, signaling continued bearish sentiment. At the same time, the MACD indicator shows weak bullish momentum: the histogram is slightly positive, but the signal lines remain close to zero, suggesting limited strength in the rebound. Overall, while the price is holding above support, bearish pressure persists, and traders should watch whether XRP-USD can maintain above 2.73 or resume its broader downtrend. •DISCLAIMER: Please note that the above analysis is not an investment suggestion by “Capitalcore LLC”. This post has been published only for educational purposes. Capitalcore