{"id":178839,"date":"2023-10-22T07:02:59","date_gmt":"2023-10-22T01:32:59","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=178839"},"modified":"2023-10-22T07:02:59","modified_gmt":"2023-10-22T01:32:59","slug":"xag-usd-hovers-above-the-200-dma-as-buyers-gather-momentum-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xag-usd-hovers-above-the-200-dma-as-buyers-gather-momentum-crypto-news\/","title":{"rendered":"XAG\/USD hovers above the 200-DMA as buyers gather momentum &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>Silver price tests 200-day simple moving average at $23.38, with daily low\/high of $22.88\/$23.69.<\/strong><\/li>\n<li><strong>For bullish continuation, silver buyers must keep prices above 200-DMA to challenge the $24.00 area.<\/strong><\/li>\n<li><strong>If XAG\/USD drops below 200-DMA, next support levels are at $23.00, $22.91 (50-DMA), and $22.19 (20-DMA).<\/strong><\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/xagusd\">Silver<\/a> price gathers steam and tests the 200-day moving average (DMA) at $23.38 at the time of writing. The XAG\/USD hit a daily low\/high of $22.88 and $23.69 per troy ounce, but as the Greenback (USD) pares some of its earlier losses, the non-yielding metal struggles to stay above the 200-DMA.<\/p>\n<p>From a technical perspective, as the XAG\/USD approached the September 22 high at $23.76, price action was rejected shy of the $23.70 area, as the white metal hit a daily\/weekly high before reversing its course above the 200-DMA. For a bullish continuation, Silver buyers must keep prices above the latter to challenge the $24.00 area, but first, they must breach the latest cycle mentioned above.<\/p>\n<p>On the flip side, if XAG\/USD drops below the 200-DMA, the next floor would emerge at the $23.00 mark, followed by the 50-DMA at $22.91, and the 20-DMA at $22.19.<\/p>\n<h2 class=\"fxs_headline_medium\">XAG\/USD Price Action \u2013 Daily chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638334276482829734.png\"><\/a><\/p>\n<h2 class=\"fxs_headline_medium\">XAG\/USD Technical Levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Silver price tests 200-day simple moving average at $23.38, with daily low\/high of $22.88\/$23.69. For bullish continuation, silver buyers must keep prices above 200-DMA to challenge the $24.00 area. If XAG\/USD drops below 200-DMA, next support levels are at $23.00, $22.91 (50-DMA), and $22.19 (20-DMA). Silver price gathers steam and tests the 200-day moving [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,350,252,247,253,249,671,308,256,254,672],"class_list":["post-178839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-metals","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-silver","tag-technical-analysis","tag-wallet","tag-wordpress","tag-xagusd"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=178839"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178839\/revisions"}],"predecessor-version":[{"id":178840,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178839\/revisions\/178840"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8874"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=178839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=178839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=178839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}