Cryptocurrency markets, including XRP, are experiencing a period of consolidation as traders await the Federal Reserve's Federal Open Market Committee (FOMC) meeting. The focus is less on the interest rate decision itself and more on Federal Reserve Chair Jerome Powell's commentary regarding future monetary policy, inflation, and labor market trends. This anticipation has led to tight trading ranges for major digital assets, including Bitcoin, Ethereum, and XRP, with investors seeking clarity to guide their next moves.