{"id":253854,"date":"2024-02-25T10:55:37","date_gmt":"2024-02-25T05:25:37","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=253854"},"modified":"2024-02-25T10:55:37","modified_gmt":"2024-02-25T05:25:37","slug":"xag-usd-rallies-amid-risk-on-mood-low-us-yields-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xag-usd-rallies-amid-risk-on-mood-low-us-yields-crypto-news\/","title":{"rendered":"XAG\/USD rallies amid risk-on mood, low US yields &#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 jumps to $22.93, buoyed by gains on Wall Street and a decline in US Treasury yields.<\/strong><\/li>\n<li><strong>Technical analysis suggests a push above $23.00 needed to shift from bearish to neutral outlook.<\/strong><\/li>\n<li><strong>Key resistance ahead at 50-day, 100-day, and 200-day SMAs, with potential targets extending to $24.00.<\/strong><\/li>\n<\/ul>\n<p>Silver prices advanced in the mid-North American session on Friday amid an upbeat market mood as depicted by Wall Street\u2019s posting gains. That and a drop in US Treasury yields sponsored a leg-up in the grey metal. At the time of writing, the XAG\/USD exchanges hands at $22.93, up by 0.86%.<\/p>\n<p>From a technical standpoint, the XAG\/USD remains downward biased despite pushing through the $22.90 figure, but it remains shy of shifting neutral. If buyers would like to regain control, they must break stir resistance levels above $23.00. The first level would be the 50-day SMA at $23.08, followed by the 100-day SMA at $23.18. Once those two levels are taken out, the 200-day SMA would appear at $23.27 before rallying toward the next supply level at $24.00.<\/p>\n<p>On the flip side, sellers need to keep XAG\/USD\u2019s spot price below $23.00 if they would like to remain in charge. In that event, they could drag Silver toward the February 23 low of $22.57, followed by the February 14 cycle low of $21.94.<\/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-638443081116826462.png\"><\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Silver jumps to $22.93, buoyed by gains on Wall Street and a decline in US Treasury yields. Technical analysis suggests a push above $23.00 needed to shift from bearish to neutral outlook. Key resistance ahead at 50-day, 100-day, and 200-day SMAs, with potential targets extending to $24.00. Silver prices advanced in the mid-North American [&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-253854","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\/253854","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=253854"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/253854\/revisions"}],"predecessor-version":[{"id":253855,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/253854\/revisions\/253855"}],"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=253854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=253854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=253854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}