{"id":14079,"date":"2022-12-07T19:21:09","date_gmt":"2022-12-07T19:21:09","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/07\/polygons-matic-usd-faces-resistance-but-this-new-web3-partnership-should-excite-buyers\/"},"modified":"2022-12-07T19:21:09","modified_gmt":"2022-12-07T19:21:09","slug":"polygons-matic-usd-faces-resistance-but-this-new-web3-partnership-should-excite-buyers","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/07\/polygons-matic-usd-faces-resistance-but-this-new-web3-partnership-should-excite-buyers\/","title":{"rendered":"Polygon\u2019s (MATIC\/USD) faces resistance, but this new Web3 partnership should excite buyers"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670429079184-16258878-e385-4cc1-916f-7ba168cd95da-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670429079184-16258878-e385-4cc1-916f-7ba168cd95da-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670429079184-16258878-e385-4cc1-916f-7ba168cd95da-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670429079184-16258878-e385-4cc1-916f-7ba168cd95da-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1670429079184-16258878-e385-4cc1-916f-7ba168cd95da.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Polygon\u2019s MATIC misplaced 2.49% on Wednesday<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Polygon partnered with LGND and Warner Music<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">MATIC may appropriate again to the $0.77 help<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Polygon\u2019s (MATIC\/USD) fell by 2.49% on Wednesday because the cryptocurrency continued to face resistance at $0.96. As of press time, MATIC was buying and selling at $0.88 and on a slight slide from the resistance stage. Should the bears proceed to exert stress on\u00a0<a href=\"https:\/\/coinjournal.net\/polygon\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>MATIC price<\/u><\/a>, it may fall again to the $0.77 help. But key basic developments proceed to pop up for MATIC.<\/p>\n<p dir=\"ltr\">Interactive platform builder and ecommerce LGND introduced a multiyear partnership with Polygon and Warner Music Group. According to the announcement, Polygon will allow LGND to construct a Web3 platform dubbed LGND Music. The platform will launch in January 2023 and help digital collectibles from different blockchains through a proprietary layer. Through the partnership, Warner Music artists will launch digital collectibles on the app and desktop platforms.\u00a0<\/p>\n<p dir=\"ltr\">The introduced partnership is a validation of the rising function of Polygon in Web3. The Layer 2 blockchain gives low charges and sooner transactions, making it a best choice for companies coming into Web3. Consequently, its native token has been comparatively secure in comparison with most <a href=\"https:\/\/coinjournal.net\/cryptocurrencies\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>cryptocurrencies<\/u><\/a> in a sustained bear market.<\/p>\n<h2 dir=\"ltr\"><strong>MATIC worth outlook and evaluation<\/strong><\/h2>\n<p dir=\"ltr\">\u00a0<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/07\/1670429120692-0d64118c-9d93-4da4-a814-acdf405633b0.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"310\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/MATICUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>MATIC\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">The technical indicators present MATIC is barely bearish. The RSI is barely under the midpoint. The MACD indicator is impartial, though the momentum has weakened barely. MATIC worth dynamics present the token is correcting barely.<\/p>\n<h2 dir=\"ltr\"><strong>When is MATIC prone to turn into bullish?<\/strong><\/h2>\n<p dir=\"ltr\">The buying and selling is combined for MATIC. A bullish view may be confirmed if the token closes above $0.96. Similarly, a bear market may be confirmed if the value closes under $0.77. At the second, MATIC could proceed to consolidate between help and resistance.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase MATIC<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro gives a variety of cryptos, corresponding to Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and duplicate or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTY3NTI&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy MATIC with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Bitstamp<\/h3>\n<p>Bitstamp is a number one cryptocurrency trade which gives buying and selling in fiat currencies or standard cryptocurrencies.<\/p>\n<p>Bitstamp is a completely regulated firm which gives customers an intuitive interface, a excessive diploma of safety on your digital belongings, wonderful buyer help and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTY3NTI&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy MATIC with Bitstamp today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/polygons-matic-faces-resistance-but-this-new-web3-partnership-should-excite-buyers\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Polygon\u2019s MATIC misplaced 2.49% on Wednesday Polygon partnered with LGND and Warner Music MATIC may appropriate again to the $0.77 help Polygon\u2019s (MATIC\/USD) fell by 2.49% on Wednesday because the cryptocurrency continued to face resistance at $0.96. As of press time, MATIC was buying and selling at $0.88 and on a slight slide from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14081,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[2779,5395,592,4410,1623,2527,469,140],"class_list":["post-14079","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-buyers","tag-excite","tag-faces","tag-maticusd","tag-partnership","tag-polygons","tag-resistance","tag-web3","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14079"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14079\/revisions"}],"predecessor-version":[{"id":14080,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14079\/revisions\/14080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14081"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/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