MATIC Climbs 6% After Robinhood Support For Polygon POS Chain

Name	Symbol	Market	Market Cap ($)	Algorithm
MIS	MISSUSD	Crypto	70,622	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

MIS

MISSUSD

Crypto

70,622

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.004412	2.29%	0.196678

Price Change

Price Change %

Current Price

Bid Price

Offer

0.004412

2.29%

0.196678

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.197908	0.191896	0.192211	0.192266	0.134887 - 29.37

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.197908

0.191896

0.192211

0.192266

0.134887 - 29.37

Exchange	Last Trade	Size	Trade Price	Currency
Cryptocurrency	08:38:11	0.00000000	0.171185	USD

Exchange

Last Trade

Size

Trade Price

Currency

Cryptocurrency

08:38:11

0.00000000

0.171185

USD

Price x Volume	Volume	Base Symbol	Related Pairs
0.00000000	0.00000000	MISS

Price x Volume

Volume

Base Symbol

Related Pairs

0.00000000

MISS

MATIC Climbs 6% After Robinhood Support For Polygon POS Chain

03/09/2022 10:10am

NEWSBTC

MATIC has spiked by as much as 6% today with the crypto landscape having an optimistic vibe the entire week. MATIC looking positive with a surge of 6% Polygon performance improves following announcement of Robinhood’s support for Polygon transactions Around 18 million MATIC transactions made after Robinhood partnership announcement Polygon (MATIC) is dubbed to be the top performer when pitted against the top 20 cryptos in terms of market capitalization as seen in the past three months. In fact, MATIC was able to beef up its value by 6% in just 24 hours which means it has outperformed the rest of its contemporaries in the crypto space. The entire crypto market is at the verge of recovery from its recent plunge but could proverbially close the week on a high note. MATIC’s total market cap is now at a whopping $990 billion which beams with a 1% increase today. Related Reading: Dogecoin Slowly Retests $0.06 As DOGE Is Seen Moving Higher Over The Next Days MATIC Shows Improved Peformance Following Robinhood Deal More so, Bitcoin has also managed to hover above the $20k mark and also shows a 1% increase seen overnight. Ether is currently shooting for the key resistance zone spotted at $1,600 after it was able to beef up its value by 3% today. MATIC has shown improved performance following its announcement showcasing their partnership with Robinhood, a famous stock and crypto investing app, for Polygon withdrawals and deposits on the PoS chain. Remarkably, roughly around 18 million MATIC transactions were made following the announcement. This partnership is said to help consolidate all the advantages of Ethereum’s L2 solutions to pioneering users of Robinhood which include low gas fees and speedy transactions. More so, this collaboration with Robinhood is seen to boost Polygon’s network growth, increase liquidity, and also make MATIC readily accessible to Robinhood app users worldwide. Chart: TradingView.com Polygon Shows Impressive Signals On the 4-hour chart, the MATIC/USD pair is seen as optimistic and performing optimally in the past 24 hours. More so, the technical indicators imply that the coin has remarkably improved and recovered considering its decline witnessed early this week. Further, the MACD line is hinting at a bull run with it spotted above the neutral level. RSI for the past two weeks is 65 which imply that MATIC may be treading into the overbought zone with its positive outlook maintained. If the bulls continue to dominate the market, MATIC could potentially move past its key resistance spotted at $0.9489. Regardless, MATIC, despite of its bullish movement, may find it difficult to move past its August ATH that registered at $1.057. Related Reading: Bitcoin Price Watch: BTC Facing Renewed Challenge To Keep Price Above $20,000 MATIC total market cap at $7.08 billion on the weekend chart | Source: TradingView.com Featured image from The Economic Times, Chart from TradingView.com

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