{"id":340684,"date":"2024-07-09T19:34:55","date_gmt":"2024-07-09T14:04:55","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=340684"},"modified":"2024-07-09T19:34:55","modified_gmt":"2024-07-09T14:04:55","slug":"consolidating-within-up-leg-of-price-pattern-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/consolidating-within-up-leg-of-price-pattern-crypto-news\/","title":{"rendered":"Consolidating within up leg of price pattern &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>Silver is consolidating within the third and final up leg of a price pattern.\u00a0<\/strong><\/li>\n<li><strong>The price will probably continue up to a target in the upper $32.00s.\u00a0<\/strong><\/li>\n<li><strong>Silver has broken out of a falling channel and above a four-year resistance level.\u00a0<\/strong><\/li>\n<\/ul>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/xagusd\" data-fxs-autoanchor=\"\">Silver<\/a> (XAG\/USD) consolidates after breaking out of a falling channel and above a four-year old resistance level. It is probably in the process of rising up in the final wave C of a three-wave Measured Move (MM), with a final price target substantially higher than the current market level.<\/p>\n<h3 class=\"fxs_headline_medium\">Silver Daily Chart<\/h3>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/_XAG_USD_2024-07-09_15-19-33-638561288948050661.png\"><\/a><\/p>\n<p>MMs are like large zig-zags composed of three waves, sometimes labeled A,B and C.\u00a0\u00a0<\/p>\n<p>Wave C will probably reach the 0.618 extrapolation of wave A at $32.75, as a minimum expectation. If wave C is the same length as A \u2013 as is often the case \u2013 then it could reach $35.00.\u00a0<\/p>\n<p>A break above $31.49 would provide confirmation of the next leg higher.\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Silver is consolidating within the third and final up leg of a price pattern.\u00a0 The price will probably continue up to a target in the upper $32.00s.\u00a0 Silver has broken out of a falling channel and above a four-year resistance level.\u00a0 Silver (XAG\/USD) consolidates after breaking out of a falling channel and above a four-year [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,671,308,256,254,672],"class_list":["post-340684","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-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\/340684","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=340684"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/340684\/revisions"}],"predecessor-version":[{"id":340689,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/340684\/revisions\/340689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/10382"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=340684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=340684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=340684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}