A bullish breakout has been sparked by developments at Polygon. New scaling technologies may be unveiled this week at EthCC. Additionally, Disney declared that it had chosen Polygon to be a part of its Accelerator programme, which strives to develop technology to produce fresh storytelling experiences.
As they continue to expand their Web3 infrastructure, The Walt Disney Co. and Polygon are collaborating on a new project (DIS). Polygon has been selected as one of the six companies to participate in the Disney 2022 Accelerator programme. It is a business and development initiative created to support the global expansion of innovative firms. Only the Polygon native blockchain platform was chosen. Additionally, as a result of the current events, MATIC prices have surged by around 65%. There is a surge in address activity that has positively impacted MATIC’s price. Let’s take a look at the MATIC price levels
MATIC Price Prediction
Since July 13, the MATIC price has been rising and is about doubling. It is about to come up against two key resistances, $1.027 and $1.075, which run the danger of halting the trend. A failure of a horizontal support level at $0.795 will invalidate the bullish thesis, while a flip of the immediate resistance at $1.075 will signal a continuing higher.
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