After Breaching $50K, Bitcoin Gives Up Earlier Gains

Bitcoin prices dragged lower in the early Wednesday session by daytraders who decided to secure profits following its rally earlier this week.

Bitcoin (BTC/USD) is paring a portion of its recent gains entering the new weekly session, trading just a little over $57,000 after breaching $60,000 last week.

Polygon (MATIC) seems to have its vigor back with it potentially breaching $1 in the coming days. Polygon price is seen to generate massive gains at 108% MATIC price shoots close to a critical level that bulls are eyeing to test Set your eye on this critical level to catch the uptrend MATIC price is moving extremely bullish and could squeeze pushing the price above $1 setting the stage for a huge uptrend that could potentially double the coin’s price to $2. With that being said, MATIC is set to make as much as 100% of gains in the next couple of months. The token’s price open this....

Litecoin price surged to print a high of $3.30 earlier today. The price is technically testing now the resistance at $3.20 again now as I write this analysis. The $3.20 corresponds to the 0.764 retracement level according to the Fibonacci retracement we plotted on our analysis on the 2nd of November. Overshooting Above Resistance: Let's take a look at the 1 hour (LTC/USD) chart from Bitfinex (Look at the below chart), plot the 20, 50 and 100 EMAs and keep the 0.764 Fibonacci retracement level according to the Fib retracement we plotted earlier this month. We can notice the following:....

After facing a market-wide correction, several coins, including Ethereum and Solana, have recorded substantial gains in the past week. Earlier today, Ethereum reached a 24-hour high of $1,652 before dropping to $1,602 at press time. The Ethereum killer Solana also peaked at $33.74 on the day. However, it has fallen to $32.66. Although both have suffered some losses on the day, the coins have kept impressive profits in the last seven days. The top-ten tokens by market cap recorded a weekly gain of over 10%. Ethereum and Solana are poised to finish the month of October strong if they....