Starbucks Odyssey Beta launches on Polygon.
MATIC is up by 4% at this time and will rally increased quickly.
The broader crypto market may finish the week in a constructive tone after underperforming for many of the week.
Starbucks Odyssey Beta launches on Polygon
The Polygon group introduced just a few hours in the past that Starbucks Odyssey Beta is now stay on its community. Polygon defined that the Starbucks Odyssey is an extension of the Starbucks Rewards loyalty program that unlocks entry to thrilling new advantages and experiences for members.
This latest cryptocurrency news has seen MATIC performing effectively over the previous few hours. MATIC, the native token of the Polygon ecosystem, is up by greater than 4% within the final 24 hours because the broader market recovers.
At press time, the price of Polygon stands at $0.9259, up by greater than 4% at this time. The whole cryptocurrency market cap stands above $855 billion, up by practically 2% within the final 24 hours.
Bitcoin, the world’s main cryptocurrency by market cap, is up by greater than 2% within the final 24 hours and is now buying and selling above $17k for the primary time this week.
Key ranges to watch
The MATIC/USD 4-hour chart has turned bullish as MATIC has been performing effectively over the previous 24 hours. The technical indicators present that MATIC is popping out of its current bearish run and will surge increased quickly.
The MACD line has crossed into the constructive zone, indicating that the bears are at the moment not in command of the MATIC market. The 14-day RSI of 54 exhibits that MATIC may be heading to the overbought area if the bullish pattern continues.
With the bulls now in cost, MATIC may surge previous the $0.9577 resistance degree earlier than the tip of the day. With the Starbucks information, MATIC may have an additional incentive to transfer in the direction of the $1 psychological degree for the primary time this month.
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