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MATIC Price Prediction

Analytics

www.altcoinbuzz.io 23 February 2022 16:06, UTC
  
Reading time: ~2 m

Polygon’s core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. Let us review MATIC price.

MATIC Price Prediction

MATIC is currently trading above the support zone of $1.44. If it stays above this zone, we could start seeing a move towards $1.79, $1.87, $2.00, $2.34, $2.58 and $2.88. If the resistance at $2.88 breaks, we could see a move towards $3.77 and $5.20. Failure to break the support at $1.44 could lead to a drop towards $1.20 and $1.03.

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