USDX [Lighthouse] USD Price & Performance (USDXUSD)

Gold prices remain elevated, closing above $2,940 and testing $3,000, as investors navigate market volatility. The precious metal has found strong support at $2,940, with resistance at $3,000. Analysts suggest that gold could continue its bullish trend, with the December 2023 channel top acting as a potential target.12

Ripple's RLUSD stablecoin has captured just 0.7% of the market since its launch, reflecting challenges in competing with dominant players like Tether and Maker's DAI. Despite regulatory support and stabilization after early volatility, RLUSD and PayPal's PYUSD have yet to capitalize on the pro-crypto climate.34

The U.S. Dollar Index (DXY) has rebounded to 103.70 after hitting a five-month low of 102.90, supported by improved labor data. However, technical indicators suggest bearish momentum, with traders eyeing consumer sentiment data to gauge the dollar's next move. A break below 102.90 could trigger further declines.56