Silver price today: rises on July 9

A breakdown of the latest and most significant updates around Ripple and XRP.

The post Ripple (XRP) Price Predictions for This Week (July 9) appeared on BitcoinEthereumNews.com. XRP’s price has approached $1 in recent weeks, and now the key question is whether that level can halt the decline. Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.3, $1.6, $2  Sellers are Returning After a short relief rally towards $1.18, sellers have returned and seem to have full control over XRP. In the last four days, the price has been falling without any bounce and appears ready to test the key support at $1 again. In late June, the price hovered just above $1 for several days before buyers managed to push XRP higher. However, this could turn out to be a dead cat bounce before new lows. That’s because the overall trend remains bearish. Source: TradingView Buyers Vanished Since last Sunday, buyers have vanished from the order book. As soon as the price touched $1.18, buy pressure collapsed, paving the way for sellers to take control. The o

XRP’s price has approached $1 in recent weeks, and now the key question is whether that level can halt the decline. Ripple (XRP) Price Predictions: Analysis Key support levels: $1 Key resistance levels: $1.3, $1.6, $2  Sellers are Returning After a short relief rally towards $1.18, sellers have returned and seem to have full control […]

The post Pi Network price hits new all-time low as it loses $0.1 support appeared on BitcoinEthereumNews.com. Pi Network price fell beneath the psychological $0.10 mark for the first time on July 9, extending its month-long slide to more than 25% as growing token supply and persistent selling overwhelmed demand. Summary Pi Network price fell below the key $0.10 level, hitting a fresh all-time low amid sustained selling pressure. Heavy token unlocks, declining open interest, and deeply negative funding rates continue to fuel the bearish trend. Technical indicators point to further downside risk unless PI can reclaim $0.10 and break above its descending channel. According to data from crypto.news, Pi Network (PI) traded near $0.098 during the session, leaving the token down more than 25% over the past month and extending a prolonged downtrend that has erased most of its post-mainnet gains. The latest decline comes as Pi Network continues to face heavy supply-side pressure from scheduled

Pi Network price fell beneath the psychological $0.10 mark for the first time on July 9, extending its month-long slide to more than 25% as growing token supply and persistent selling overwhelmed demand. According to data from crypto.news, Pi Network…

The post Silver Price Forecasts: XAG/USD picks up above $59.00 as US Dollar softens appeared on BitcoinEthereumNews.com. Silver (XAG/USD) is trimming losses on Thursday, and hitting session highs just above $59.00 after bouncing from $57.22 lows on Wednesday. US Dollar’s pullback has given some oxygen to the battered precious metals, although Silver’s broader trend remains bearish, after having lost more than $3 so far this week. The White metal is drawing some support from a weaker US Dollar following the release of the Federal Reserve’s (Fed) minutes. The central bank maintained its commitment to fight inflationary pressures, but a split market committee has left investors pondering the timing of the next interest rate hikes. Furthermore, Iran and the US have exchanged attacks for the second consecutive day, but comments from US President Donald Trump affirming that Iran “wants to make a deal so badly” suggest that Washington and Tehran will return to the negotiating table. Technical

The post Silver Price Forecast: XAG/USD jumps to near $59 as US Dollar declines appeared on BitcoinEthereumNews.com. Silver price (XAG/USD) is up over 1% to near $59.00 during the European trading session on Thursday. The white metal gains as the US Dollar (USD) faces selling pressure despite multiple tailwinds. At press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.25% lower to near 100.80. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.24% -0.28% -0.18% -0.10% -0.18% -0.58% -0.33% EUR 0.24% -0.04% 0.04% 0.13% 0.09% -0.31% -0.09% GBP 0.28% 0.04% 0.07% 0.17% 0.12% -0.27% -0.04% JPY 0.18% -0.04% -0.07% 0.07% 0.05% -0.38% -0.13% CAD 0.10% -0.13% -0.17% -0.07% -0.04% -0.44% -0.21% AUD 0.18% -0.09% -0.12% -0.05% 0.04% -0.39% -0.17% NZD 0.58% 0.31% 0.27% 0.38%

The post Silver Price Forecast: XAG/USD rebounds above $58.00 despite inflation fears appeared on BitcoinEthereumNews.com. Silver price (XAG/USD) inches higher after three days of losses, trading around $58.30 per troy ounce during the Asian hours on Thursday. The price of non-yielding white metal could drop even further as renewed tensions between the United States (US) and Iran are sparking fears of energy-driven inflation, which will likely push the Federal Reserve to keep interest rates higher for longer to bring prices down. The US President Donald Trump stated on Wednesday that an interim agreement to end the conflict with Iran was officially “over,” stoking concerns that a renewal of war could again drive inflation and push up interest rates. Trump also threatened a second day of airstrikes and vowed to reimpose a US naval blockade in retaliation for recent attacks on oil tankers transiting the Strait of Hormuz. The minutes of the Fed’s June 16-17 meeting released Wednesday show