The latest partnership between Polygon and Bisonai sought to improve scalable and adaptable Web3 infrastructure for companies throughout the world. Since Polygon can process a lot of transactions at once, Bisonai picked it over other blockchain networks to work with. Singapore-based Bisonai is a service provider for blockchain development.
According to the CEO of Bisonai, the agreement surrounding blockchain infrastructure for Web3 will be very beneficial for Bisonai. It’s important to note that Polygon has already collaborated with significant international brands like Starbucks and Disney. The growing desire for partnerships with Polygon among businesses is enough to increase investor confidence and accelerate MATIC’s growth anytime soon.
Key Polygon Levels To Watch – April 21
Following the Change of Character (CHOCH) to the downside after the rejection at the $1.5680 supply level, the price sank into the discount zone. A retracement occurred to the upside as the price entered the 62.0% Fibonacci retracement level.
Owing to the insufficient buy pressure in the market, MATICUSD is unable to breach the $1.3040 resistance. According to the Moving Average Convergence Divergence (MACD), the market’s outlook is bearish as it heads downward.
Polygon Key Levels
Resistance Levels: $1.30400, $1.56800, $2.10000
Support Levels: $0.75000, $0.63000, $0.52000
Total Market Capitalization: $1.17T
Polygon Market Capitalization: $9.52B
Polygon Volume: $0.35B
Market Rank: #9
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