{"id":197245,"date":"2023-11-21T00:44:39","date_gmt":"2023-11-20T19:14:39","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=197245"},"modified":"2023-11-21T00:44:39","modified_gmt":"2023-11-20T19:14:39","slug":"xag-usd-forms-a-bearish-tweezers-top-sellers-eye-22-00-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xag-usd-forms-a-bearish-tweezers-top-sellers-eye-22-00-crypto-news\/","title":{"rendered":"XAG\/USD forms a bearish tweezers top, seller&#8217;s eye $22.00 &#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 prices (XAG\/USD) are struggling to maintain the upward momentum that started last Monday, currently facing consecutive days of losses.<\/strong><\/li>\n<li><strong>The formation of a \u2018tweezers-top\u2019 chart pattern in XAG\/USD suggests a potential for further decline, with the current price at $23.48, down by 0.92%.<\/strong><\/li>\n<li><strong>If sellers maintain control and keep the price below $24.00, a pullback towards the 200-DMA is likely, with further potential decline towards the $23.00 mark.<\/strong><\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/xagusd\">Silver<\/a> price struggles to extend its rally that began last Monday, posting back-to-back days of losses, due to a risk-on impulse, despite overall US Dollar (USD) weakness across the board. From a price action standpoint, the XAG\/USD formed a \u2018tweezers-top\u2019 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\">chart<\/a> pattern, which warrants further downward action is expected; hence, XAG\/USD is trading at $23.48, down 0.92%.<\/p>\n<p>After forming the \u2018tweezers top\u2019, the XAG\/USD resumed its downtrend but it was capped by the 200-day moving average (DMA) at $23.28 before resuming above the November 16 daily low of $23.28. A daily close above the latter could open the door to re-test the $24.00 figure.<\/p>\n<p>On the other hand, if sellers stepped in, and kept prices below the $24.00 mark, the chances for a pullback to the 200-DMA increase, followed by the $23.00 mark. Further downside is expected beneath that level, exposing the latest cycle low seen at $21.88, the November 13 low.<\/p>\n<h2 class=\"fxs_headline_medium\">Silver Price Analysis \u2013 Daily Chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638361036357468839.png\"><\/a><\/p>\n<h2 class=\"fxs_headline_medium\">Silver Technical Levels<\/h2>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Silver prices (XAG\/USD) are struggling to maintain the upward momentum that started last Monday, currently facing consecutive days of losses. The formation of a \u2018tweezers-top\u2019 chart pattern in XAG\/USD suggests a potential for further decline, with the current price at $23.48, down by 0.92%. If sellers maintain control and keep the price below $24.00, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":20827,"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-197245","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\/197245","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=197245"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/197245\/revisions"}],"predecessor-version":[{"id":197246,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/197245\/revisions\/197246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/20827"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=197245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=197245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=197245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}