Silver Price Forecast: XAG/USD Rockets to $32.50 After Powerful EMA Rebound – Is the Bull Run Sustainable?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Current Silver Market Trends: Silver is experiencing a bullish trend, trading near $32.40, supported by strong technical indicators such as moving averages and the Relative Strength Index (RSI), with key resistance at $33.10 and support levels to watch at $32.08 and $31.60.
Investment Appeal of Silver: Investors are drawn to silver for its historical role as a store of value, portfolio diversification benefits, inflation hedge, and increasing industrial demand, particularly in electronics and solar energy sectors.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
