You are currently viewing MATIC set to be bullish after Starbucks Odyssey Beta launches on Polygon

MATIC set to be bullish after Starbucks Odyssey Beta launches on Polygon

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  • Starbucks Odyssey Beta launches on Polygon.

  • MATIC is up by 4% right now and will rally greater quickly.

  • The broader crypto market might finish the week in a optimistic tone after underperforming for many of the week. 

Starbucks Odyssey Beta launches on Polygon

The Polygon crew introduced a number of hours in the past that Starbucks Odyssey Beta is now reside 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 properly 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% right now. The complete 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 properly over the previous 24 hours. The technical indicators present that MATIC is popping out of its latest bearish run and will surge greater quickly.

The MACD line has crossed into the optimistic zone, indicating that the bears are presently not in charge of the MATIC market. The 14-day RSI of 54 reveals that MATIC might be heading to the overbought area if the bullish pattern continues.

With the bulls now in cost, MATIC might surge previous the $0.9577 resistance degree earlier than the tip of the day. With the Starbucks information, MATIC might have an additional incentive to transfer in the direction of the $1 psychological degree for the primary time this month.

Where to purchase Polygon now

eToro

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