

others
XAG/USD shifts above $24.00 as Fed’s interest rate peak uncertainty fades – Crypto News
- Silver price has shifted comfortably above $24.00 as the USD Index remains weak.
- The USD Index is facing pressure as investors are not agreeing that the Fed will hike rates twice more this year.
- Fed Barkin has commented that raising rates further could create the risk of a more significant slowdown in the economy.
Silver price (XAG/USD) has shifted its auction comfortably above the crucial resistance of $24.00 in the early New York session. The white metal has got strengthened as investors have found clarity about Federal Reserve’s (Fed) interest rate peak for now.
S&P500 is expected to open on a positive note considering bullish cues from overnight futures. Market mood is quite cheerful as uncertainty about the interest rate peak has receded after the display of the dot plot by fed chair Jerome Powell.
The upside US Dollar Index (DXY) seems restricted around 102.30 amid the risk-appetite theme. In June’s monetary policies statement, Fed Powell confirmed that two more interest rate hikes are appropriate this year. However, investment banking firm Morgan Stanley sees no more hikes and expects the Fed to hold the rate at 5.1% until it undertakes a 25 bps cut in March 2024.
Meanwhile, Richmond Fed Bank President Thomas Barkin has commented that raising rates further could create the risk of a more significant slowdown in the economy, as reported by Reuters. He further added, “Comfortable doing more on interest rates if incoming data doesn’t confirm a story that slowing demand is returning inflation to the 2% target.”
Silver technical analysis
Silver price is struggling to surpass the 23.6% Fibonacci retracement (plotted from May 26 low at $22.68 to June 09 high at $24.53) at $24.10 on a two-hour scale. The 50-period Exponential Moving Average (EMA) at $23.88 is providing support to the Silver bulls.
The Relative Strength Index (RSI) (14) is looking to shift into the bullish range from the bearish range of 20.00-60.00. An occurrence of the same will activate the upside momentum.
Silver two-hour chart
-
Technology4 days ago
ChatGPT users are mass cancelling OpenAI subscriptions after GPT-5 launch: Here’s why – Crypto News
-
Technology1 week ago
Binance to List Fireverse (FIR)- What You Need to Know Before August 6 – Crypto News
-
Blockchain1 week ago
Altcoin Rally To Commence When These 2 Signals Activate – Details – Crypto News
-
Technology1 week ago
Best computer set under ₹20000 for daily work and study needs: Top 6 affordable picks students and beginners – Crypto News
-
Cryptocurrency1 week ago
Cardano’s NIGHT Airdrop to Hit 2.2M XRP Wallets — Find Out How Much You Can Get – Crypto News
-
Technology1 week ago
Beyond Billboards: Why Crypto’s Future Depends on Smarter Sports Sponsorships – Crypto News
-
Cryptocurrency1 week ago
Stablecoins Are Finally Legal—Now Comes the Hard Part – Crypto News
-
Cryptocurrency1 week ago
Tron Eyes 40% Surge as Whales Pile In – Crypto News
-
Technology1 week ago
Google DeepMind CEO Demis Hassabis explains why AI could replace doctors but not nurses – Crypto News
-
Business1 week ago
Analyst Spots Death Cross on XRP Price as Exchange Inflows Surge – Is A Crash Ahead ? – Crypto News
-
De-fi1 week ago
TON Sinks 7.6% Despite Verb’s $558M Bid to Build First Public Toncoin Treasury Firm – Crypto News
-
Cryptocurrency1 week ago
Ethereum Hits Major 2025 Year Peak Despite Price Dropping to $3,500 – Crypto News
-
Blockchain1 week ago
XRP Must Hold $2.65 Support Or Risk Major Breakdown – Analyst – Crypto News
-
Blockchain1 week ago
XRP Must Hold $2.65 Support Or Risk Major Breakdown – Analyst – Crypto News
-
others1 week ago
Japan CFTC JPY NC Net Positions down to ¥89.2K from previous ¥106.6K – Crypto News
-
Cryptocurrency1 week ago
How to Trade Meme Coins in 2025 – Crypto News
-
others1 week ago
Pi Network Invests In OpenMiind’s $20M Vision for Humanoid Robots- Is It A Right Move? – Crypto News
-
Business1 week ago
Pi Network Invests In OpenMiind’s $20M Vision for Humanoid Robots- Is It A Right Move? – Crypto News
-
Technology1 week ago
Oppo K13 Turbo, K13 Turbo Pro to launch in India on 11 August: Expected price, specs and more – Crypto News
-
Blockchain7 days ago
Shiba Inu Team Member Reveals ‘Primary Challenge’ And ‘Top Priority’ Amid Market Uncertainty – Crypto News
-
others7 days ago
Bank of America CEO Denies Alleged Debanking Trend, Says Regulators Need To Provide More Clarity To Avoid ‘Second-Guessing’ – Crypto News
-
Technology7 days ago
OpenAI releases new reasoning-focused open-weight AI models optimised for laptops – Crypto News
-
Blockchain6 days ago
Crypto Market Might Be Undervalued Amid SEC’s New Stance – Crypto News
-
De-fi5 days ago
Coinbase Pushes for ZK-enabled AML Overhaul Just Months After Data Breach – Crypto News
-
Technology1 week ago
Will The First Spot XRP ETF Launch This Month? SEC Provides Update On Grayscale’s Fund – Crypto News
-
Technology1 week ago
Amazon Great Freedom Sale deals on smartwatches: Up to 70% off on Samsung, Apple and more – Crypto News
-
Cryptocurrency1 week ago
Tron Eyes 40% Surge as Whales Pile In – Crypto News
-
others1 week ago
SharpLink Buys the Dip, Acquires $100M in ETH for Ethereum Treasury – Crypto News
-
De-fi1 week ago
Circle Extends Native USDC to Sei and Hyperliquid in Cross-Chain Push – Crypto News
-
Business1 week ago
Is Quantum Computing A Threat for Bitcoin- Elon Musk Asks Grok – Crypto News
-
Technology1 week ago
Elon Musk reveals why AI won’t replace consultants anytime soon—and it’s not what you think – Crypto News
-
Cryptocurrency1 week ago
Lido Slashes 15% of Staff, Cites Operational Cost Concerns – Crypto News
-
others1 week ago
Is Friday’s sell-off the beginning of a downtrend? – Crypto News
-
others7 days ago
MetaPlanet Launches Online Clothing Store As Part of ‘Brand Strategy’ – Crypto News
-
Metaverse6 days ago
ChatGPT won’t help you break up anymore as OpenAI tweaks rules – Crypto News
-
Technology6 days ago
iPhone users alert! Truecaller to discontinue call recording feature for iOS from September 30. Here’s what you can do… – Crypto News
-
Technology6 days ago
iPhone users alert! Truecaller to discontinue call recording feature for iOS from September 30. Here’s what you can do… – Crypto News
-
others6 days ago
US President Trump issues executive order imposing additional 25% tariff on India – Crypto News
-
Business6 days ago
Analyst Predicts $4K Ethereum Rally as SEC Clarifies Liquid Staking Rules – Crypto News
-
De-fi6 days ago
SEC Says Some Stablecoins Can Be Treated as Cash, but Experts Warn of Innovation Risk – Crypto News
-
Business5 days ago
XRP Price Prediction As $214B SBI Holdings Files for XRP ETF- Analyst Sees Rally to $4 Ahead – Crypto News
-
others5 days ago
EUR firmer but off overnight highs – Scotiabank – Crypto News
-
Blockchain5 days ago
Trump to Sign an EO Over Ideological Debanking: Report – Crypto News
-
De-fi5 days ago
Ripple Expands Its Stablecoin Payments Infra with $200M Rail Acquisition – Crypto News
-
others4 days ago
Ripple To Gobble Up Payments Platform Rail for $200,000,000 To Support Transactions via XRP and RLUSD Stablecoin – Crypto News
-
Technology3 days ago
Humanoid Robots Still Lack AI Technology, Unitree CEO Says – Crypto News
-
Cryptocurrency3 days ago
DWP Management Secures $200M in XRP Post SEC-Win – Crypto News
-
Business1 week ago
Is Powell Next As Fed Governor Adriana Kugler Resigns? – Crypto News
-
Technology1 week ago
Amazon Great Freedom Festival Sale 2025 vs Flipkart Freedom Sale: Comparing MacBook deals – Crypto News
-
Business1 week ago
India’s Jetking Targets 21,000 Bitcoin By 2032 As CFO Foresees $1M+ Price – Crypto News