Metis is developing an Optimistic Rollup-based Layer 2 framework that is highly scalable, low-cost, and fully functional. It incorporates the Decentralized Autonomous Company (DAC) framework into its Layer 2 infrastructure.
Metis is designing an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully enable the application and business migration from Web 2.0 to Web 3.0, based on the concept of Optimistic Rollup. Its scalable protocol may be used for NFT platforms, decentralised Reddit-like social networks, open-source developer communities, influencer communities, gaming communities, freelancer communities, crowdfunding, yield farming, DEX trading, and more. Let us review the METIS price
METIS Price Prediction
Bullish Scenario: If METIS manages to break above the resistance level at $155 then it would be bullish. If it gains some momentum and buying pressure builds up then we might test the next resistance level at $162 and $169. Breaking above $169 price level with significant buying volume will lead to a good chance of crossing above $182.
Bearish Scenario: METIS has been in an uptrend channel since the last few weeks. However, if the $138 support level is not maintained, the price will fall to $132, $125, and even lower sooner or later.
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