COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Silver extends sharp slide after renewed selling unsettles markets
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Silver > Silver extends sharp slide after renewed selling unsettles markets
Silver

Silver extends sharp slide after renewed selling unsettles markets

In Brief

  • Silver prices fell sharply following renewed selling pressure at the end of March.

  • Technical indicators signal a weak momentum and possible further declines ahead.

  • Investors watch price action around key support and resistance levels for market direction.

İlayda Peker
İlayda Peker 3 weeks ago
Share
SHARE

After a surge of panic-driven selling at the end of March, silver prices found only a brief respite before succumbing once again to steep declines. As volatility returns to the market, investors are left wondering whether the current drop signals a mere correction or the start of a more pronounced downward trend in silver.

Contents
Latest swings and key technical levels in silverTechnical indicators and market momentum

Latest swings and key technical levels in silver

In daily trading, silver tumbled to as low as $70.79. The metal opened the session at $74.80, briefly touched an intraday high of $75.83, but closed near its lowest point at $70.56. This represents a daily loss of 5.99 percent, underlining the intensity of the recent pullback.

The rapid descent in price coincided with selling pressure building in the $75 to $76 range, where buyers initially tried to defend the market but lost momentum. As silver revisited this resistance area throughout the day yet failed to hold, bearish sentiment overwhelmed buyers. Immediate support is now seen around $69.60, while further demand zones cluster between $68 and $70. On the upside, the region starting at $74.80 remains a significant resistance barrier for any potential rebounds.

Reviewing recent price action, silver has fallen back from levels above $110 recorded at the start of the year. Although the metal attempted to recover following earlier declines, momentum has faded decisively this week. Notably, high trading volumes persisted throughout the latest session, suggesting that market activity and turnover remain elevated even as prices fall.

Technical indicators and market momentum

Technical analysis using Bollinger Bands shows the upper band at $89.63, median band at $76.29, and lower band at $62.95. Silver ended the session at $70.58, falling below the median line and moving closer to the band’s lower edge. This pattern points to weakening short-term momentum and heightens the risk of further declines if support does not hold.

Looking at the daily charts, the MACD indicator reinforces the prevailing downward pressure. The MACD line stands at -3.244, the signal line at -3.260, and the histogram shows a modest positive reading at 0.016. These metrics suggest that, although the intensity of selling may be easing, there are not yet convincing signs of a meaningful rebound or reversal in the market.

From a technical standpoint, as silver prices approach key support levels, investors are increasingly attentive to how the metal behaves in these zones. Market direction in the short term is likely to depend on how prices react within this range of support and resistance.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Silver price drops 0.21 percent, struggles below $80

Silver price jumps 4.5 percent to nearly $79

Silver prices climb as global markets show renewed momentum

Gold ETFs see renewed inflows as US-Iran deal eases global tensions

Silver Suffers Sharp Dip as Market Eyes Critical Support Levels

İlayda Peker 2 April, 2026 - 9:22 pm 2 April, 2026 - 9:22 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Crypto scam defenses on X set to strengthen with new verification triggers
Next Article Ethereum trading hovers near $2,070 as whale activity and resistance levels shape the market
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Mythos AI exposes $1 billion risk in DeFi via DOT
Crypto AI DeFi News
No Registration, No Hassle: Download and Start
Bitcoin News
Harvard honors Ripple CEO Brad Garlinghouse as business leader
Ripple (XRP)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?