{"id":183045,"date":"2023-10-29T03:18:38","date_gmt":"2023-10-28T21:48:38","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=183045"},"modified":"2023-10-29T03:18:38","modified_gmt":"2023-10-28T21:48:38","slug":"xag-usd-soars-above-23-00-on-middle-east-rising-tensions-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xag-usd-soars-above-23-00-on-middle-east-rising-tensions-crypto-news\/","title":{"rendered":"XAG\/USD soars above $23.00 on Middle East rising tensions &#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 jumps from $22.70 to $23.07, testing crucial resistance at 200-DMA of $23.26.<\/strong><\/li>\n<li><strong>A breach of 200-DMA could expose next resistance levels at $23.69 and Bollinger bands top at $23.80.<\/strong><\/li>\n<li><strong>If Silver falls below $23.00, supports are $22.94, $22.44, and 20-day EMA at $22.25.<\/strong><\/li>\n<\/ul>\n<p>Silver price jumped above the $23.00 figure bolstered by a risk-off impulse, amidst geopolitical headlines suggesting the Middle East conflict is escalating, as Israel began its ground offensive at the Gaza strip. That said, the XAG\/USD rose from $22.70 and is trading at $23.07, gaining more than 1.35%.<\/p>\n<p>The XAG\/USD remains downward biased despite rising above the 50-day moving average (DMA) at $22.94, about to test the crucial resistance level at the 200-DMA at $23.26. once that level is cruised, the next ceiling level would be $23.69, the latest cycle high. In a breach of that level, Silver bias would shift to neutral upwards, exposing the top of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/education\/an-introduction-to-bollinger-bands-201609011129\">Bollinger bands<\/a> at $23.80,<\/p>\n<p>Conversely, if <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/xagusd\">Silver<\/a> tumbles below $23.00, that would keep the downtrend in place. The first support would be the 50-DMA at $22.94, followed by the October 26 low of $22.44, before tumbling to challenge the 20-day Exponential Moving Average (EMA) at $22.25.<\/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-638340363577160487.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 jumps from $22.70 to $23.07, testing crucial resistance at 200-DMA of $23.26. A breach of 200-DMA could expose next resistance levels at $23.69 and Bollinger bands top at $23.80. If Silver falls below $23.00, supports are $22.94, $22.44, and 20-day EMA at $22.25. Silver price jumped above the $23.00 figure bolstered by [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11552,"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-183045","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\/183045","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=183045"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183045\/revisions"}],"predecessor-version":[{"id":183046,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183045\/revisions\/183046"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/11552"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=183045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=183045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=183045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}