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

  • Starbucks Odyssey Beta is released on Polygon.

  • MATIC is up 4% today and could go higher soon.

  • The broader crypto market could end the week on a positive tone after underperforming for most of the week.

Starbucks Odyssey Beta Launches on Polygon

The Polygon team announced a few hours ago: starbucks odyssey beta is currently running on that network. Polygon explained that Starbucks Odyssey is an extension of the Starbucks Rewards loyalty program, unlocking access to exciting new benefits and experiences for members.

this latest cryptocurrency news Over the past few hours, I’ve found MATIC to perform well. His MATIC, the native token of the Polygon ecosystem, is up more than 4% in the last 24 hours as the broader market recovers.

When pressing Porygon price At $0.9259, it is up more than 4% today. The cryptocurrency market capitalization he has surpassed $855 billion, an increase of nearly 2% in the last 24 hours.

Bitcoin, the world’s leading cryptocurrency by market capitalization, is up more than 2% in the past 24 hours and is trading above $17,000 for the first time this week.

Important Levels to Watch

The MATIC/USD 4-hour chart is bullish as MATIC has been performing well over the past 24 hours. Technical indicators show that MATIC may break out of its recent bearish run and move higher soon.

The MACD line has crossed the positive zone, indicating that the bears are not currently dominating the MATIC market. The 14-day RSI 54 shows that MATIC may be heading into overbought territory if the bullish trend continues.

With the bulls now in control, MATIC is likely to break out of the $0.9577 resistance level by the end of the day. With Starbucks news, MATIC may have additional incentives to move to $1 psychological level for the first time this month.

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