“Silver Price Could Hit $300 This Cycle” – Top Analyst Reveals the Exact Levels to Watch

The silver price is down 40 percent from its January highs. The metal now sits near $72, and most retail traders have turned bearish. But Rashad Hajiyev, a top analyst in the precious metals space, sees a massive move building.

AxiomFinity first covered Hajiyev’s analysis. Now CaptainAltcoin breaks down the chart and what it means for silver bulls.

Silver Chart Breakdown

Hajiyev’s daily chart lays out a clear path. He does not see a quick bounce. He sees a structured, three‑stage rally that could end with silver hitting $300 in this cycle.

Stage one targets $104 to $106. That is a 44‑47 percent move from current levels. Hajiyev calls this the initial advancing leg. The chart shows silver breaking out of its recent consolidation to reach triple digits.

Stage two is a shallow pullback. After the first leg peaks, Hajiyev expects a brief retrace. The key word is shallow. He does not see silver giving back most of its gains. Instead, price would hold well above $90, setting up the next push.

Stage three is the big one. A decisive breakout above $140–$150, followed by a parabolic run to $300. The $140–$150 zone is marked as a major resistance area. Once that level flips to support, silver could enter a mania phase. The final leg to $300 would be the climax of the current cycle.

The daily timeframe is important. It shows that the drop from $120 to $72 is a correction, not a trend reversal. The structure remains bullish. Hajiyev’s shallow pullback after $104–$106 would be the classic wave 2 retrace. Wave 3 then takes silver to $140–$150. Wave 5 goes parabolic.

Silver has a history of violent upside. The 2011 run to $50 and the 2025 spike to $120 both happened faster than anyone expected. A move to $300 would be extreme, but the chart says the setup is there.

Support sits at $70. If silver holds that level, the first leg to $104 is still on the table. Resistance is at $80. A daily close above $80 would confirm that the correction is over.

The first major test is $104–$106. Hajiyev’s roadmap lives or dies on that level. If silver breaks it with volume, the shallow pullback becomes the buy zone. If it fails, the chart may need to reset.

For now, Hajiyev’s roadmap gives silver bulls a reason to stay patient. The next leg up has not even started. But when it does, the targets are clear.

Read also: Gold and Silver Alert: $40 Trillion Debt Forces Fed to Print – Hard Assets Are the Only Escape

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post “Silver Price Could Hit $300 This Cycle” – Top Analyst Reveals the Exact Levels to Watch appeared first on CaptainAltcoin.