#XRPETF #US DOLLAR ANALYSIS

The US Dollar has broken down from a descending triangle pattern after a strong rejection at the resistance trendline. It is currently retesting the breakdown level from below, with the Ichimoku Cloud acting as a resistance barrier overhead.

A successful retest would confirm further downward movement, while a failed retest could lead to the price re-entering the pattern. Stay alert for the next move.

It's important to acknowledge its inverse relationship with the crypto market.