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Uranium Stabilizes Near $90 After Volatile Rally

Uranium Stabilizes Near $90 After Volatile Rally

Author:

Global Cryptocurrency

Published:

2026-02-14 19:42:02

9

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BTCCSquare news:

Uranium prices hover at $89.50 per pound, consolidating after a sharp rally to $100-$102 and subsequent pullback. The commodity now tests key support at $85, with resistance looming NEAR triple digits.

Market action reveals a textbook advance: Prices bottomed near $64-$66 before climbing steadily through mid-2025. The July peak at $78 preceded a correction to $72-$74, followed by an October surge to $83-$85 that confirmed the bullish trend.

Current stability suggests institutional rebalancing. Traders watch the $85 support zone—a breach could trigger tests of the $75-$78 demand area, while holding above $90 may revive momentum toward record highs.

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