PANews reported on February 19 that WTI crude oil prices broke through the highs set on February 4 and 11, surpassing the $66 per barrel mark and reaching a newPANews reported on February 19 that WTI crude oil prices broke through the highs set on February 4 and 11, surpassing the $66 per barrel mark and reaching a new
WTI crude oil prices climbed to a new high since February.
PANews reported on February 19 that WTI crude oil prices broke through the highs set on February 4 and 11, surpassing the $66 per barrel mark and reaching a new high for February.
This round of price increases is mainly driven by escalating geopolitical tensions, particularly those surrounding Iran. Against this backdrop of rising geopolitical tensions, oil prices are approaching their highest levels this year.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Wormhole’s W token enters ‘value accrual’ phase with strategic reserve
Wormhole has moved beyond its distribution phase, initiating a new strategy. By allocating on-chain and off-chain protocol revenue to a dedicated treasury, the cross-chain protocol is creating a direct link between its commercial success and the value of its native…
Share
Crypto.news2025/09/18 03:05
Wall Street sets AMD stock price target for next 12 months
The post Wall Street sets AMD stock price target for next 12 months appeared on BitcoinEthereumNews.com. Advanced Micro Devices (NASDAQ: AMD) has been hit hard
Share
BitcoinEthereumNews2026/02/19 19:51
SUI Price Eyes Breakout, Targets $11 Says Analyst
The post SUI Price Eyes Breakout, Targets $11 Says Analyst appeared on BitcoinEthereumNews.com. SUI price shows a technical setup for a macro breakout with analyst Dan Gambardello targeting $10-$11 levels. Recent partnership with Google’s Agentic Payments Protocol adds fundamental support to the technical analysis as SUI moves closer to potential breakout levels. SUI Price Analysis Points to $10-$11 Breakout Target Dan Gambardello has identified a clear ascending triangle formation on SUI price daily chart with upside targets around $10.79. The analyst simplified this target range to $10-$11 for practical trading purposes. The pattern shows sustained higher lows meeting resistance at current levels before a potential breakout. VanEck maintains more aggressive SUI crypto targets ranging from $13-$25 according to Gambardello’s research. SUI Price Analysis | Source: Dan Gambardello, X The $10 level is a more conservative higher high area for the current cycle. Midterm targets point to $7.50 in the 1.618 Fibonacci extension zone before longer-term objectives. The monthly RSI shows extreme compression that Gambardello describes as “screaming for a macro breakout to the upside.” This momentum oscillator behavior typically precedes major price movements in the crypto market. SUI crypto risk model currently sits at 51 and matches pre-bull market levels seen in coins like Ethereum. Gambardello compared this to Ethereum’s December 2020 reading of 51 before its major breakout. The March 2017 Ethereum reading of 53 preceded that cycle’s parabolic move. The analyst also noted that SUI price trades near the same levels from almost a year ago in November 2024. Bollinger Bands Signal Historic Compression CryptoBullet has identified the tightest Bollinger Bands in SUI’s entire trading history on the weekly chart. The BBW indicator compression reached levels that were historically followed by major price movements. This setup mirrors conditions before SUI’s previous major rallies. Historical data shows SUI price delivered +253% gains between December 2023 and March 2024 following similar compression. SUI…
Share
BitcoinEthereumNews2025/09/18 11:32