Polygon’s Upside Potential Looms as Partnership Deals Attract Developers and Gamers

Lollipop is a new racing brand that has been created as a result of the recent agreement between Polygon Labs and Feature. The production of Fast and Furious has made Feature a well-known entertainment and technology firm. Steven Ilous, the CEO of Feature, expressed his joy over the new partnership and project, saying that both Polygon and Feature stand to gain from it. Steven Ilous also highlighted how Lollipop might close the existing gap between technology and content.

Recall that Immutable, a WebEx gaming firm, and Polygon recently partnered. Polygon is thought to be less expensive and less crowded than other blockchains, according to Immutable’s president. The latest cooperation agreements with Immutable and Feature have made Polygon very appealing to game developers and players everywhere. Due to the growing interest, MATIC may soon see a significant increase in its upside potential.

Key Polygon Levels To Watch – April 7

The rejection at the $0.7500 supply zone caused a quick surge of price to the upside. Prior to the surge, an accumulation of orders was made, which formed a bullish order block at the $0.7500 supply zone. The upward trend is expected to resume once prices return to this bullish order block.
Following the quick surge, the price hit the $1.5680 resistance, thereby leading to an aggressive decline. The aggressive decline caused a change of character as the previous low got invalidated. According to the Moving Average Convergence Divergence (MACD), the value of MATIC is depreciating.

MATIC Key Levels

Resistance Levels: $2.1000, $1.5680, $1.3040
Support Levels: $0.7500, $0.6300, $0.5200

Total Market Capitalization: $1.18T
Polygon Market Capitalization: $10.08B
Polygon Volume: $0.21B 
Market Rank: #9

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