The polygon is at the top of the Scaling Ethereum chain block through its L2 solution. Previous Partnerships include Oddz Financial and Proof of Business (POS) called Stakefish. The price of this MATIC has dropped due to the current market turmoil and Seems to be limited.
Much remains to be seen in the future
On Monday, Polygon announced its partnership with Oddz Financial, a non-profit fence selection option, to help improve user experience.
Because Polygon is a layer 2 solution, the changes that normally occur in the Ethereum block now Move to Polygon, making changes Faster, more secure, and more efficient. .
In Addition, it will help reduce more gas by blocking the old ones, which ended "DeFi Summer" in a narrower way.
However, the merger of Polygon and Oddz Financial is the first step in a market-approved deal by DeFi.
The words say:
This combination with Polygon gives traders the option of choosing Oddz Financial to make contracts in an easy and safe way. The large capacity of the Polygon network allows users to make calls and set up on-the-go options!
Moreover, Stakefish, the leading POS blockchain market analyst, has shown support from providing Polygon. Because it is available Worldwide, applicable power and control nodes are distributed. If users were allowed to publish their MATIC holders directly through Stakefish, L2 score resolution would be better to be more secure and secure.
In fact, many ways remains to improve with every integration they make, aboard many of the tasks and applications, improving the systems in the Ethereum chain block environment.
The MATIC value indicates a positive attitude
MATC price fell 15% During the recent sell-off, but is showing a return that it started a very significant rally from $ 0,674 to $ 0,768. This level of support has played a key role in fighting sellers and pushing the button on Earnings up from $ 1,057 on May 9th.
This return will be regretted as the MATIC rate goes to the desired area. Jumping on this lot Seems to be due to the participation of 100 Easy Moving averages (SMA) from four hours to $ 0,748.
The 100 SMA genetic test is capable when the seller lowers the 50 SMA for $ 0,813. Therefore, investors can Expect a return from local buyers wanting a 20% return on $ 0,926. If the power sells further, an additional 10% return could Nuanthasing $ 1.02 again.
While the price of MATIC is likely to rise from the high demand of $ 0,674 to $ 0,768, there is a small risk that it will exceed it. If this support is Broken, the main thesis will not work.
In these weak conditions, traders can Expect L2 deals to appear from other interested sources starting from $ 0.5566 to $ 0,589. Here, a $ 0.562 200 SMA would be key if the break would trigger a bearish drop of $ 0,492.
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