{"id":261689,"date":"2024-03-09T00:48:34","date_gmt":"2024-03-08T19:18:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=261689"},"modified":"2024-03-09T00:48:34","modified_gmt":"2024-03-08T19:18:34","slug":"xag-usd-holds-near-ytd-high-around-24-50-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xag-usd-holds-near-ytd-high-around-24-50-crypto-news\/","title":{"rendered":"XAG\/USD holds near YTD high around $24.50 &#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 inches closer to retesting its year-to-date high of $24.63, after marking a 0.86% increase.<\/strong><\/li>\n<li><strong>Technical dynamics suggest potential for further gains if silver surpasses the $24.50 resistance.<\/strong><\/li>\n<li><strong>Downside risks loom if silver falls below $24.31, targeting supports at $24.00 and the March 6 low of $23.57.<\/strong><\/li>\n<\/ul>\n<p>Silver&#8217;s price rallies, but it remains below the new year-to-date (YTD) high of $24.63. It reached earlier, post gains of 0.86%, and trades at around $24.50 during the mid-North American session.<\/p>\n<h2 class=\"fxs_headline_medium\">XAG\/USD Price Analysis: Technical outlook<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/xagusd\" data-fxs-autoanchor=\"\">Silver<\/a> retreated during the day, below the March 7 daily close of $24.31, which could sponsor a leg down if sellers push the prices lower. However, buyers are keeping Silver\u2019s price above the latter, and if they reclaim the $24.50 level, that could push XAG\/USD to re-test $24.63, ahead of $25.00.<\/p>\n<p>On the flip side, if sellers drag Silver\u2019s prices below $24.31, XAG\/USD could dive to $24.00. A breach of the latter will expose the March 6 low of $23.57, followed by the confluence of the 100 and 200-day moving average (DMA) at $23.27.<\/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-638455148930254922.png\"><\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Silver inches closer to retesting its year-to-date high of $24.63, after marking a 0.86% increase. Technical dynamics suggest potential for further gains if silver surpasses the $24.50 resistance. Downside risks loom if silver falls below $24.31, targeting supports at $24.00 and the March 6 low of $23.57. Silver&#8217;s price rallies, but it remains below [&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-261689","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\/261689","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=261689"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/261689\/revisions"}],"predecessor-version":[{"id":261690,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/261689\/revisions\/261690"}],"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=261689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=261689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=261689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}