Silver Price Forecast: Analysts See a Possible Move Toward $100

Silver is doing exactly what strong trends tend to do near the later stages of a move. The silver price keeps pushing higher, but instead of surging upward, it slows things down and forces everyone to focus on a handful of key levels. 

There’s no panic here. There’s no obvious blow-off move either. It feels more like a market that’s still being supported by momentum, but one where the next reaction could matter a lot.

The critical level to watch is close to $86.93. So long as price remains above this level, the broader uptrend is in effect. Crossing below would be the first major sign that a possible shift in market structure is underway.

Silver stays within its trend channel

Looking at the shorter-term chart, the trend channel stands out right away. The Silver price has been climbing higher in a steady, controlled way, bouncing within that rising channel rather than making wild swings. Even the recent push higher hasn’t broken that rhythm.

What really matters now is what sits underneath the current price. There’s a clear cluster of support levels stacked below, starting around the high $80s and working down toward the mid-$80s. 

If the Silver price pulls back and keeps finding buyers at those levels, the trend stays healthy. If it starts cutting through them without a fight, that’s when the pullback starts to look more serious.

On the upside, the chart also shows extension levels sitting above the current range. The Silver price has already pushed into the low $90s, and there are mapped targets higher up if momentum continues. That’s why More Crypto Online describes further upside as possible, but also very speculative at this stage.

Silver’s daily chart highlights resistance and the $100 conversation

Zooming out to the daily chart makes the situation even clearer. The Silver price has been respecting a long-term rising trendline and is now pressing directly into a well-defined resistance zone. 

Recent candles show price leaning into that level, which is exactly why traders are paying close attention right now.

This is where the $100 discussion comes from. As Sqeaky Mouse pointed out, if the Silver price can close decisively above this resistance on the daily chart, the move higher could accelerate quickly. Round numbers like $100 tend to act like magnets once momentum is confirmed.

What’s next for Silver?

From here, the Silver price is being judged on two simple things. First, it continues to hold the key support area, with $86.93 acting as the line that keeps the bullish structure intact, and it must confirm a breakout on the daily charts instead of stalling and sliding back underneath resistance.

CoinCodex’s one-month silver price forecast points toward $146, but right now the chart is what really matters. If support holds and this breakout stays intact, a move into the mid-$90s makes sense, with $100 no longer feeling far-fetched.

All in all, if this breakout holds, then the door to the mid-to-high $90s swings open, and $100 becomes a plausible target rather than just a headline. If support breaks instead, the tone shifts quickly, and the Silver price likely needs time to cool off before any serious attempt higher.