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Market Summary > Ether
1,147,577.29PKR
+38,453.76 (3.47%)today
8 Aug, 6:54 pm UTC · Disclaimer

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XAG/USD Price Forecast: Technical outlook XAG/USD sits $1.50 shy of resting the yearly high after retreating below the 20-day Simple Moving Average (SMA) to test the 50-day SMA at 36.20 on July 31. Since then, Silver has rallied more than 6%, sparked by the formation of a ‘bullish harami,’ confirmed by the crucial breach of the July 31 high of $37.26. The grey metal climbed sharply and cleared the 20-day SMA at $38.06, further cementing its upward bias. However, buyers need to breach the $39.00 so they can test the YTD high of $39.52, before challenging $40.00. On the flip side, although momentum is bullish, confirmed by price action and the Relative Strength Index (RSI), traders could not price out a reversal. If Silver dives below the 20-day SMA and $38.00, then sellers could pile on to push prices toward $37.00, aimed to test the 50-day SMA at $36.85.

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@Chainbase Official ($C ) is currently the world's largest full-chain data network, aiming to bridge different blockchain systems. It integrates decentralized blockchain data into a unified ecosystem, providing a transparent and interoperable data foundation for the era of artificial intelligence. The core mission of the project @Chainbase Official ($C ) is to make blockchain data easily accessible and genuinely useful for everyone. Its vision is to build a fast, low-latency, decentralized, and reliable data network. Through this unified data layer, #chainbase hopes to help developers create products more easily, enhance user experience, and promote continuous innovation across the blockchain space. Not only that,#Chainbase it also aims to create a more interconnected and intelligent blockchain ecosystem, allowing data to flow freely between different applications and platforms, realizing its maximum value. @Chainbase Official#chainbase $C CUSDT Perp 0.27606 +7.85%

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Latest News

Ethereum(ETH) Surpasses 4,300 USDT with a 6.74% Increase in 24 Hours

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White House Crypto Council Executive Director Bo Hines Resigns

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Institutional Influence in Crypto Sector Grows Amid Regulatory Developments

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WBETH Reaching a New All-Time High, Increase of 4.96% in 24 Hours

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El Salvador Advances Bitcoin Investment Banking with New Legislation

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