{"id":229153,"date":"2024-01-14T04:09:45","date_gmt":"2024-01-13T22:39:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=229153"},"modified":"2024-01-14T04:09:45","modified_gmt":"2024-01-13T22:39:45","slug":"xag-usd-edges-up-but-falters-shy-of-200-dma-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xag-usd-edges-up-but-falters-shy-of-200-dma-crypto-news\/","title":{"rendered":"XAG\/USD edges up but falters shy of 200-DMA &#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&#8217;s recent rally to $23.52 curbed by resistance at 50 and 200-DMAs, leading to a slight pullback in prices.<\/strong><\/li>\n<li><strong>Technical analysis shows Silver trading in a sideways trend; immediate support at $23.00, followed by $22.48.<\/strong><\/li>\n<li><strong>Potential for further gains if Silver breaks above the 100-DMA at $23.25, targeting the $23.60\/65 resistance zone.<\/strong><\/li>\n<\/ul>\n<p>Silver price trims its losses, but it remains below the 100-day moving average (DMA) after hitting a new five-day high of $23.52 on Friday. Geopolitical tensions bolstered the grey metal, which aimed towards the confluence of the 50 and 200-DMAs, but buyers&#8217; failure to crack that area opened the door for a pullback. The XAG\/USD trades at $23.15, up by 1.85%.<\/p>\n<p>The non-yielding metal remains sideways, though slightly tilted to the downside after buyers failed to conquer the confluence of the 50 and 200-DMAs. With <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/xagusd\">Silver spot<\/a> price trading below the 200-DMA, the first support is seen at $23.00 a troy ounce. A breach of the latter will expose the January 11 low at $22.48, followed by the $22.00 mark. Once that support level is broken, up next would be the November 13 cycle low of $21.88.<\/p>\n<p>In the outcome of buyers stepping in, they would clash with the 100-DMA at $23.25. A breach of the latter will expose the confluence of the 50 and 200-DMAs at around $23.60\/65, before opening the path toward $24.00.<\/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-638406929352726845.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&#8217;s recent rally to $23.52 curbed by resistance at 50 and 200-DMAs, leading to a slight pullback in prices. Technical analysis shows Silver trading in a sideways trend; immediate support at $23.00, followed by $22.48. Potential for further gains if Silver breaks above the 100-DMA at $23.25, targeting the $23.60\/65 resistance zone. Silver price [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,350,252,247,253,249,671,256,254,672],"class_list":["post-229153","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-wallet","tag-wordpress","tag-xagusd"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/229153","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=229153"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/229153\/revisions"}],"predecessor-version":[{"id":229154,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/229153\/revisions\/229154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/4978"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=229153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=229153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=229153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}